Biggest NFT Platforms for February
DappRadar also mentioned the biggest NFT platforms for February. There were many high performers and others that recorded low sales volumes.
Blur has emerged as the top player among other NFT platforms for February, beating Opensea and other NFT platforms. Blur took 64.8% of the entire NFT market trading volume, leaving other NFT marketplaces to scramble for the rest. Opensea was just behind Blur as it came close with 28.7% of the market at $587 million. Other NFT marketplaces that came close in the trading volume are X2Y2 and LooksRare. Both had about $39 million and $29 million in trading volume, respectively.
According to DappRadar, its unique trading styles set Blur aside from other platforms, with whales dominating the NFT trading platform. "What sets Blur apart from other NFT marketplaces is its unique trading patterns. Unlike the typical wash trading seen on other platforms, Blur’s trading activity is largely driven by NFT whales farming on the platform," DappRadar added.
