Google is Testing Web Search Results Without URLs
Today we got to know that Google is testing a new SERPs UI by removing the URLs from search results and showing just the breadcrumbs (even no domain will be shown).
Google tests the to display only the icon, breadcrumb/site name, title, and description no URL at the end.
You can read the actual Reddit post and see how Google will remove the URLs entirely from the search results via below screenshot:
Here's another from another Reddit user for logos in search results:
However, on the other hand, this will help newbies in Blogging and Content publishing to get a chance of gaining some traffic.
Since Google is testing many other things with the search results and trying their best to improve the user experience, it is expected that they will not release this update.
We will wait for Google to actually make an announcement.