The Non-Fungible Token (NFT) Marketplace Opensea has once again gained its position as the leading platform for digital collected trade, even though the overall market activity has refused.
Data tracker nftcan Shut up The Opensea will hold the top area in the NFT marketplaces trading volume for the last 30 days. According to the data site, the opening holds more than 40% of the market trading volume, while Blur, its largest competitor, is at 23%. Meanwhile, the NFT Platform Magic Eden has a 7.69% market sharing, while the OKX NFTS has a 5% part of the market.
The data tracker also shows that in the last month, nearly 70% of the wallets are transacting with NFTs engaged in Openea. The data show that more than 610,000 wallets have decided to use the opening of its competitors. During the last three months, the data shows the Opensea has more than 2.1 million purses engaged in its platform.
By comparison, purses that interact with Magic Eden, Blur and OKX NFT only reach an integrated market of 17%, around 103,000 purses. In the last three months, the platforms have a total of 380,000 wallets that trade NFT on their platforms.
Opensea is re -granted NFT’s dominance amid platform developments
In the last quarter of 2024, continued opening The launch was promoted of the new OS2 platform. At this time, opensea co-founder and CEO Devin Finzer said “Reimagine Everything,” and a new version will come in December.
In Feb. 13, Opensea launched The open beta for OS2, which allows the public to finally use its platform after a period of accessing access to private beta users. At this time, the NFT Marketplace also Teasing the launch of the official project token, sea.
In addition to launching a Revamp NFT Marketplace, the project has invented crypto token trading.
On April 19, the platform announced It opened access to Solana trading for all its users, skipping a scheduled closed beta phase of limited to 50,000 users. The new feature gives openings to Opensea users to exchange Solana tokens, including popular memecoins such as Bonk and AI16z.
In addition to platform developments, the NFT market has also been released from the regulatory investigation. On February 22, Finzer announced that the US Securities and Exchange Commission Lowered its investigation to the digital collected market.
Related: Polygon NFTS reaches collective Ethereum in 7-day sales
NFT sale drops 61% in the first quarter of 2025
Opensea again captures the dominance of the market in the midst of a slowing down the volume of NFT sales. Cryptoslam data Shut up That in Q1 2025, NFT sales volumes reached $ 1.5 billion. It represents a 61% decline compared to $ 4.1 billion volume over the same period in 2024.
Despite the denial of sales volumes, some metrics have shown that NFTs are still interesting to many traders. Cryptoslam shows more than 359,000 NFT buyers in the last seven days, an increase of 52% compared to last week.
Moreover, despite a slowdown of volume, some collections have continued to show signs of life. In the last seven days, cryptopunks climbed 82% in sales. In the last 30 days, the collection has reached nearly $ 20 million in sales volumes.
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