According to the April 2024 Dapp Industry Report published by DappRadar, Magic Eden's transaction volume is $108 million higher than Blur, mainly due to its expansion in Bitcoin Ordinals and Dynamic Rewards, the platform Bitcoin Orderals transactions accounted for 70% of its total transaction volume, the report also highlights the change in NFT market conditions, total transaction volume in April fell to $1.35 billion, down 13% from the previous month, while sales increased by 20%, this trend can be attributed to the popularity of Runestone, this Bitcoin inscription has surpassed Bored Ape Yacht Club to become the most traded NFT.
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