📢Blockchain News Flash! According to the NFT market data for April released by TheBlockPro, NFT trading volume fell 40.5% to $480 million, affected by the decline in trading volume on major platforms such as CryptoPunks, Blur and OpenSea. 😮

Blur still maintains its leading position as the dominant player in the NFT market, despite a slight decline in market share from 65.7% to 63.3%. 👑At the same time, the number of NFT traders also fell from 263,000 to 224,000, a decrease of 14.9%. 📉

However, OpenSea performed better than its competitors, with the number of traders falling by only 5.1% and its market share increasing to 55.1%. 🎉

It is worth noting that NFT market royalties fell by more than 50% to $3.6 million, and the effective royalty rate (ERR) of most platforms also fell. This indicates a broader downturn in NFT transactions and a resistance to paying royalties in the bear market. 🐻

Despite the current sluggish performance of the NFT market, we remain optimistic about the prospects of Bitcoin. 💪Keep going, Bitcoin!