According to Glassnode’s data, the number of unique buyers and sellers on Blur has increased over the past few months. Additionally, the circulating market cap of the Blur token has been on the rise, reaching up to $331.51 million, with a 24-hour trading volume of $169.44 million, data from DappRadar shows.

Glassnode also noted that the gas consumption from NFT dealings on the Ethereum network has increased in the last two months. The average gas cost at the moment stands at 38 gwei. This figure shows a notable increase from about nine months back, ranging between 10 and 20 gwei.