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Blur's NFT Lending Protocol Witnesses Massive Spike in Activity with Ethereum NFTs in the Spotlight

Blur's NFT lending protocol has seen a significant increase in activity, with Ethereum NFTs such as CryptoPunks, Azuki, and Milady Makers gaining attention. Despite volatility in the NFT market, Blur Blend's performance suggests a potential turnaround. DappRadar data shows a noticeable increase in total loan amounts, with loans rising from 4,200 ETH to 169,900 ETH within 22 days of the platform's launch. The popularity of these NFTs could have a positive impact on Ethereum, with the number of daily active addresses on the Ethereum network increasing and transaction activity growing.


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