Blur, formerly top Ethereum NFT marketplace, to shut down after trading volume collapse

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Blur, once the largest marketplace for NFTs on the Ethereum blockchain, is closing its website on November 12. The shutdown follows a near-total collapse in its trading activity. Monthly volume has plummeted from a peak of approximately $1.43 billion in 2023 to less than $7 million. Its closure comes just days after its sister project, Blast, also announced it is shutting down.

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