In the current year, although the overall cryptocurrency market has seen significant growth, the non-fungible token (NFT) sector has not shown the same success. At the same time, previously leading players in this field, such as OpenSea, are losing their positions in favor of new entrants, such as the Blur NFT trading platform.

Blur is an advanced platform for trading and aggregating NFTs, offering advanced features including real-time value transfer, portfolio management, and the ability to compare NFTs across different markets. Focusing on faster NFT scanning and an intuitive interface, Blur aims to stand out among similar platforms in the NFT space. BLUR is the internal token of the Blur NFT platform.

Concurrently with Blur's growing penetration into the NFT market, the BLUR token has also shown significant growth, increasing by 100% over the last month. Analysts anticipated a price rise to $1 in the wake of active interest from major investors and buyers.

On December 3, the Ethereum NFT market saw a sharp increase in transaction volume to $34.786 million, a record since June 29. Blur took a dominant position in the market with an 80% share, surpassing OpenSea's 18%. In the last 24 hours, some NFT collections, including Pudgy Penguins, Azuki, and Milady, grew by more than 18%, 9%, and 10% respectively.

OpenSea, once the largest NFT market, faced challenges due to the emergence of new competitors. Last month, the company announced a 50% staff reduction, a step towards developing "OpenSea 2.0" - a significant improvement in the platform's core aspects, including technology and user experience.

Another significant event occurred last week when American investment firm Tiger Global reduced its stake in the well-known NFT collection Bored Ape Yacht Club by 69%, and also reduced its investments in OpenSea by 94%, as reported by Bloomberg.