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<p class="is-style-lead"><a href="https://www.coingecko.com/en/coins/blur" target="_blank" rel="noopener">BLUR</a>, the native cryptocurrency of the Blur NFT marketplace, experienced a 75% surge in price over the last seven days, largely due to the token’s listing on Binance and several other positive developments.</p> 
<p>Blur stands out in the non-fungible token (NFT) sector by employing BLUR as its governance token. This unique approach aims to decentralize the Blur NFT marketplace, giving control to the community — a distinctive strategy when compared to competitors like OpenSea, which operates without a token and relies on private investors.</p> 
<p>The platform has recorded a decent level of success since its launch, thanks to its user-friendly interface, low fees, and enhanced liquidity for NFTs.&nbsp;</p> 
<p>Notably, Blur rewards its users with BLUR tokens through airdrops, creating a symbiotic relationship with its trader community.</p> 
<p>In a recent airdrop, a pseudonymous NFT trader claimed a staggering $13.6 million in BLUR tokens. This reward, part of a 300 million token pool, reinforces Blur’s commitment to rewarding its active user base and has contributed to the project’s success so far.&nbsp;</p> 
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   <p lang="en" dir="ltr">It's time to BLAST OFF. I just received 22851000 <a href="https://twitter.com/search?q=%24BLUR&amp;src=ctag&amp;ref_src=twsrc%5Etfw" target="_blank" rel="noopener">$BLUR</a> from <a href="https://twitter.com/blur_io?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">@BLUR_io</a>'s Season 2 drop. Season 3 starts NOW and is powered by <a href="https://twitter.com/Blast_L2?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">@BLAST_L2</a>, the only L2 with native yield backed by Paradigm and Standard Crypto. <a href="https://t.co/jDKgc0wInS" target="_blank">pic.twitter.com/jDKgc0wInS</a></p>— Hanwe (@HanweChang) <a href="https://twitter.com/HanweChang/status/1726760766466826445?ref_src=twsrc%5Etfw" target="_blank" rel="noopener">November 21, 2023</a>
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<p> You might also like: <a href="https://crypto.news/blur-token-skyrockets-as-nft-sales-surpass-the-10m-mark/"> Blur token skyrockets as NFT sales surpass the $10m mark </a> </p> 
<h2 class="wp-block-heading" id="binance-listing-boosts-blur">Binance listing boosts BLUR</h2> 
<p>Blur’s recent listing on Binance has had a good impact on the NFT platform,&nbsp;triggering an upward move in its price. The token’s market capitalization is now above $600 million, reflecting increased investor confidence in the project’s potential.</p> 
<p>Blur founder Tieshun Roquerre’s successful <a href="https://crypto.news/blur-jumps-12-as-blur-founder-raises-20m-for-new-l2-network/" data-type="link" data-id="https://crypto.news/blur-jumps-12-as-blur-founder-raises-20m-for-new-l2-network/">fundraising</a> of $40 million further made a positive impact on the project’s ecosystem. The listing on Binance, reportedly with zero fees, and the launch of the layer-2 network “Blast” underscore Blur’s commitment to innovation and cost reduction.</p> 
<h2 class="wp-block-heading" id="challenging-the-nft-market-status-quo">Challenging the NFT market status quo </h2> 
<p>Major NFT creators, including Yuga Labs and Bored Ape Yacht Club, are <a href="https://crypto.news/nft-giants-are-protesting-blur-and-opensea-over-royalty-rates/">reevaluating</a> their partnerships with dominant marketplaces like Blur and OpenSea. This reconsideration stems from recent royalty cutbacks by both platforms as they seek to revitalize the NFT market.</p> 
<p>Meanwhile, OpenSea continues to face scrutiny after an <a href="https://crypto.news/ex-opensea-exec-accused-of-pump-dump-60m-rug-pull/">ex-executive</a> was accused of pump and dump practices, leading to a $60 million rug pull. While OpenSea denies awareness of such involvement, this incident adds a layer of complexity to the NFT market dynamics.</p> 
<p>At press time, BLUR is exchanging hands for $0.60441, representing a 74% increase this week, according to CoinGecko.</p> 
<p> Read more: <a href="https://crypto.news/blur-token-surges-20-in-24-hour-trading-buy-signal-surfaces/"> Blur token surges 20% in 24-hour trading, buy signal surfaces </a> </p>

Binance listing triggers 75% price surge for Blur token

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