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Despite the prevalent consolidation observed across the market , the Rari governance token (RGT) has rallied by over 26% in the last 24 hours. The recent up surge comes after the asset traded within a range for the most of last month. RGT is up 26.27%, which ranks 788 on CoinMarketCap (CMC), and has witnessed higher gains over the past 24 hours than the majority of mainstream assets on the top 100 list. RGT price – July 3 | Source: CoinMarketCap Notably, bitcoin (BTC) is seeing a meager 0.45% increase. This impressive rally has skyrocketed the token to a two-month high of $0.76. You might also like: On-chain data suggests the rise of long-term BTC investors The rari governance token’s bullish momentum picked up at the start of July, per CMC data, following an observable spike in its value on July 2. This spike was preceded by an extensive consolidation that continued throughout June. The market-wide rally in June provided minimal support for the asset. Not...

Blur’s liquidity heist on OpenSea continues as each project competes in royalties, fees and decentralized governance. Blur, a NFT marketplace, has seen its trading volumes and total sell-side liquidity skyrocket since conducting an airdrop on Feb. 14, 2023. The reason for the spike could be the start of season 2 airdrops, where 10% of BLUR token’s total supply will be distributed to certain users based on their activity. The team allocated 12% toward an early user airdrop in the first season that ran from the marketplace’s gated launch in March 2022 to February 2023. Blur trading volumes (in ETH). Source: Dune  Blur has made a significant dent in OpenSea’s position as the leading market place. Analytics from data scientist Hildobby shows that Blur is eating into the market share of OpenSea and other aggregators like X2Y2. Blur's incentive program and advanced NFT trading Features are causing users to shift from OpenSea to Blur. The share of NFT marketplaces by trading volume. S...