Blur Ethereum destroyed more than NFT transaction aggregator Gem
According to reports, according to the latest data from ultra sound. Money, the destruction amount of Blur Ethereum exceeds that of the NFT transaction aggregator Gem. Currently, the destruction amount of Blur Ethereum has reached 11059.46 ETH, while that of Gem is 10402.09 ETH. According to data from Dune Analytics, at the time of writing this article, the transaction volume of the Blur platform has reached 1994554 ETH, which is approximately $3.5 billion based on current prices. The total sales volume of NFT is 3312750 transactions.
Interpretation of this information:
The message discusses the latest data from ultra sound reports, which reveals that the destruction amount of Ethereum in Blur platform exceeds that of the NFT aggregator Gem. The current destruction volume of Blur Ethereum stands at 11059.46 ETH, while that of Gem is 10402.09 ETH. This data is confirmed by Dune Analytics, which also shows that the current transaction volume of Blur Platform has reached 1994554 ETH, which is equivalent to $3.5 billion at current prices. Additionally, the total sales volume of NFT transactions on the same platform is 3312750.
This report suggests that there is a growing trend towards using Ethereum in Blur platform for transactions, which is leading to a significant amount of Ethereum being “destroyed.” The use of Blur for these transactions could be attributed to its user-friendly interface, flexibility, and a broad range of applications. On the other hand, NFT aggregator Gem is reportedly facing challenges in attracting users, leading to less Ethereum destruction.
The data compiled by Dune Analytics provides useful insights into the overall growth of the crypto market, specifically related to Ethereum and NFT usage. It shows that Ethereum is increasingly becoming a preferred choice among crypto users. This trend is expected to continue in the coming years, driven by the development of new applications and growing adoption by various industries.
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