OpenSea has regained the uniquely unprecedented symbol (NFT) its location as a leading podium for collection digital trading, even with a decrease in market activity in general.
Track NFTSCAN data He appears Opensea has held the lead in the size of the NFT Marketplaces trading over the past thirty days. According to the data website, Opensea has more than 40 % of the market trading volume, while Blur, its largest competitor, is 23 %. Meanwhile, NFT Platform Magic Eden has a 7.69 % market share, while OKX Nfts has a 5 % stake in the market.
The data follower also shows that last month, nearly 70 % of the NFTS is involved with Opensea. The data shows that more than 610,000 portfolios have chosen the use of Opensea on its competitors. In the past three months, data shows that Opensea has had more than 2.1 million portfolios involved with its platform.
Compared, the portfolio that participates with Magic Eden, Blur and OKX NFT only reached the market share of 17 %, about 103,000 governors. In the past three months, platforms have had a total of 380,000 NFTS trading portfolio on their platforms.
OpenSea regained NFT dominance in the platform developments
In the last quarter of 2024, Opensea was constantly encouraged launching the new OS2 platform. At that time, co -founder and executive director of OpenSea Devin Finzer said they “will re -imagine everything”, and that a new version will come in December.
On February 13, Opensea Firing The Open Testing version of OS2, allowing the public to finally use its primary system after a period of arrival for the users of the special pilot version. At that time, the NFT market also disturbed the launch of the formal form of the project, SEA.
Regardless of the launch of the NFT market, the project ventured in the trading of the encryption code.
On April 19, the platform Declare It opened its Solana’s commercial arrival for all its users, and bypassing a limited closed experimental stage of 50,000 users. The new feature of OpenSea users allows Solana’s distinctive symbols, including famous Memecoins like Bonk and AI16Z.
In addition to platform developments, the NFT market has also been released from organizational audit. On February 22, Venzer announced that the US Securities and Stock Exchange Committee had dropped its investigation in the achieved digital market.
Related to: Polygon Nfts overcomes Ethereum’s holdings in 7 days sales
NFT sales decreased by 61 % in the first quarter of 2025
Opensea recovers its dominance in the market amid a slowdown in NFT sales sizes. Encryption He appears That in the first quarter of 2025, NFT sales volumes amounted to $ 1.5 billion. This represents a 61 % decrease compared to $ 4.1 billion in the same period in 2024.
Although sales sizes dropped, some standards showed that NFTS is still interesting for many traders. Cryptoslam shows more than 359,000 NFT buyers in the past seven days, an increase of 52 % compared to the previous week.
Moreover, although the size is slowed, some groups have constantly showed signs of life. In the past seven days, Cryptopungs has increased by 82 % in sales. In the last 30 days, the group reached nearly $ 20 million in sales sizes.
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