Once-Largest Ethereum NFT Marketplace Blur Closes After Volumes Plummet 99% #Shorts

Once-Largest Ethereum NFT Marketplace Blur Closes After Volumes Plummet 99% #Shorts

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Blur closes after trading collapses ninety nine percent. Zero fees left the platform with no trading revenue. Monthly volume peaked at one point four three billion dollars in twenty twenty three. Now it falls below seven million. Blend lending stops new loans by November twelfth. Borrowers must repay or face default. Smart contracts remain live on Ethereum. Token voters control future fee voting. The token price fell twenty percent. These market swings directly impact your wallet and retirement accounts. The founder also closed another network ten days earlier. Blast lost over two billion dollars in deposited funds. Critics say rewards attracted traders instead of real buyers. Creator royalties took heavy pressure from this model. Which service should stay open for users? tell me below.

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