OpenSea Regains Dominance in NFT Market
OpenSea, one of the leading non-fungible token (NFT) marketplaces, has reclaimed its initial dominance in the NFT market, becoming the platform with the highest trading volume in the past 24 hours. Below, we list the top five NFT marketplaces by trading volume.
1. OpenSea Regains Dominance in NFT Market
Data compiled by Tiexo.com, an on-chain cryptocurrency market data aggregator and multi-chain NFT browser, shows that OpenSea is the platform with the highest trading volume in the NFT market. In the past 24 hours, OpenSea’s trading volume reached $5.96 million.
OpenSea was the leading NFT marketplace during the historic bull market period from 2021 to 2021, but lost its glory earlier last year after the launch of the Blur NFT Marketplace. In an unexpected turn of events, OpenSea NFT Marketplace has once again become the top NFT marketplace in the Ethereum NFT ecosystem.
In an unexpected turn of events, OpenSea has regained its position as the top NFT marketplace on Ethereum pic.twitter.com/lkI30IPYd2-wale.moca
