OpenSea trading volume explodes 76,240% YTD amid NFT boom
The nonfungible token marketplace processed 1.18 million transactions worth $1.06 billion in the last 30 days alone. Trading volumes on peer-to-peer nonfungible token (NFT) marketplace OpenSea have surged by over 12,000% in 2021.DappRadar data shows that the total incoming value to OpenSea’s smart contracts increased to $56.07 million on Wednesday compared to $73,556 on Jan. 1. Meanwhile, the marketplace’s user count increased from 315 to 14,520 in the same period — a 4,423% increase.OpenSea historical activity. Source: DappRadarA major portion of OpenSea’s trading volume spike happened....
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The market for nonfungible tokens appears to be reviving, with OpenSea already handling more volume daily than it did in the entire year of 2020. OpenSea Trading Volume Soars Over the weekend, OpenSea, a prominent marketplace for non-fungible tokens (NFTs), generated approximately $55 million in trade volume, about five times more than the entire year […]
OpenSea’s transaction volume, which recently surpassed $10 billion, makes it the clear leader in the NFT boom of 2021. Without a doubt, 2021 has been a momentous year for nonfungible tokens (NFT). The nascent market has seen unprecedented growth as sales volume from January to date nears $10 billion — a 14,500% surge from 2020. The NFT marketplace OpenSea is responsible for processing a great chunk of that. OpenSea controls a majority of NFT sales and has processed more than $10 billion worth of transactions since launching in December 2017. Its 2021 volume alone even topped the revenue....
OpenSea's record-high daily volume on Sunday was $261 million. Thus far this month, OpenSea has averaged $169 million in trading volume for each day. With two more weeks left in January, nonfungible token (NFT) marketplace OpenSea has seen its monthly trade volume in Ether (ETH) exceed $3.5 billion for the first time ever.According to data from Dune Analytics, OpenSea has now surpassed the all-time high of $3.42 billion set in August 2021 to establish a new all-time high, surpassing the $3.5 billion mark in Ether trading volume.OpenSea's record-high volume on Sunday, as per Dune Analytics,....
The top NFT marketplace in the world is set to break its own record for trading volume as it is on pace to exceed $6 billion by the end of the month if the trend continues. The world’s leading NFT marketplace OpenSea is poised to break its own record for monthly sales on Ethereum as daily volumes are surging.OpenSea’s $2.1 billion in trading volume of nonfungible tokens (NFT) through Jan. 10 is more than half the total trading volume for the entirety of August 2021, the highest month on record. Volume reached nearly $3.5 billion in that month, according to Dune Analytics.The marketplace is....
Data shows that OpenSea has generated more than $700 million in sales so far this year putting the NFT marketplace on track for another record month. NFT trading volumes on OpenSea are surging in January amid a renewed speculative frenzy on Yuga Labs’ Bored Ape Yacht Club (BAYC) and Mutant Ape Yacht Club (MAYC). According to data posted by “rchen8” on Dune Analytics, OpenSea has generated more than $700 million worth of trading volume since the start of 2022, with Jan. 3 being the biggest day of the year with a whopping $255.8 million worth of 24-hour volume.While popular onlookers as Wu....