#Star stable codes 2021 march upgrade#

But despite this decline, the platform’s traders grew by 32.83%. The average price of NFTs in Solanart has plummeted by 19.53%, with a 4.47% decline in its Volume to $35K. The current state of NFT marketplaces in Solana could be better, with only a few platforms showing positive growth. These declines in UAW, transactions, volume, and balance offer insightful data about investor attitudes toward Blur and the market sentiment. In addition, Blur’s Smart Contract balance has fallen by 4.83% to $126.36M. Blur’s trading volume has also decreased by 11.01%, falling to $279.05M. The marketplace recorded 104.12k transactions, a substantial drop of 16.57%. Source: DappRadar 4) Decline in Blur Activity Continuesīlur has experienced declines in several crucial areas over the same timeframe. However, the OpenSea smart contracts balance increased by just 0.63% to 71.08K and remained relatively stable. Moreover, the marketplace’s trading volume has fallen by 24.22% to $48.84M, indicating that users have traded much less on the platform than in the third week of March. With only 154.35k transactions recorded, OpenSea saw a drop of 8.19%.

Source: NFTGo 3) NFT OpenSea Trading Continues to Fall This shows that users are devoting time to trading when looking at the 7-day timeframe. The number of trades increased by 5.88% to approximately 96.05K. It seems like the gains we witnessed in crypto have yet to reach the NFT space.Įven though the number of buyers fell by 1.04% to a total of 52.76K, there was a surge in sellers to more than 65.2K by 11.14%.

The NFT holders have grown marginally by 0.41% to just over 4.3M. Source: NFTGo 2) Gains in Crypto not yet Poured into NFT Market This decline was the smallest compared to the seven-day volume of NFTs traded, which fell by 25.59% to 166.41K ETH. Source: Īs march comes to an end, the month saw a minor 0.07% decrease in the NFT Market Cap to 9.57M ETH. The overall value of active market wallets increased slightly by 1.87%. Sales have slightly increased by 2.86% from 45K to 46K, while Sales USD fell 9.55% from $129.8M to $128.4M.Īlong with a 2.55% decline in Primary Sales, the Primary Sales USD fell from $5.32M to $4.33M, for a ratio of 29.70%. With such a big event upcoming, let’s look at the state of the NFT market leading up to this event.

#Star stable codes 2021 march upgrade#

And with the Shanghai upgrade for Ethereum coming up in just two weeks, what will happen to the second-largest cryptocurrency? Despite the US Commodity Futures Trading Commission (CFTC) taking action against crypto giant, Binance, Bitcoin briefly reached $29,000 on March 30th, setting a new high for the year.