OpenSea Announced to Own 97 percent of NFT Market Volume in Third Quarter

In August, when NFT sales were the highest, $3.16 billion of the $3.25 billion NFT sales volume came from the OpenSea platform. ConsenSys company stated in its report that Opensea had 97% of the NFT market volume in the third quarter.

dune Analytics according to data:

on December 8 Although bitcoin and altcoins are experiencing a pullback, this is the case. NFT did not affect the market. That day Opensea’s daily volume It came very close to its peak performance at the beginning of October.

ConsenSys’s Web3 in its report: OpenSea’s year in the 2nd half It was stated that there was a significant increase in the transaction volume. Also, OpenSea this year until April largest volume NFT marketplace Nifty Gateway leaving behind It had a 97% share in the NFT market in the third quarter.

OpenSea December 8 Some users thought that this could be due to the lower transaction fee compared to other days, as the company spent the day with a high volume. Average that day transaction fee was 85.59 Gwei. This is the last 7 days It was the lowest transaction fee.

According to the report, OpenSea generally NFT It tells a lot about the growth of the market. on OpenSea more than 6,000 There are many NFT collections. Number of active collections from March 2021 Since the NFT market has increased significantly since in an uptrend is thought to be.

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