OpenSea, the top NFT marketplace, saw a big drop in trading volume for Ethereum NFTs, hitting its lowest level since May 2021
Trading activity for Ethereum-based NFTs plummeted by 99.1% from its peak in May 2022.
OpenSea, the leading NFT marketplace, has experienced a significant downturn, in trading volume for Ethereum-based NFTs. Recent data reveals that the platform has an average daily volume of approximately 600 ETH, marking its lowest point since May 2021, predating the onset of the original NFT bull market.
OpenSea is doing around 600 ETH of volume per day right now in ETH NFTs, the lowest it has been since May of 2021, before the original NFT bull market began.
That number is down 99.1% from the May, 2022 peak, when OS was doing 66,000 ETH of volume per day. pic.twitter.com/6JzMdysWev
— NFTstats.eth (@punk9059) May 8, 2024
This significant drop reflects a substantial 99.1% decrease from the peak trading activity observed in May 2022. During that time, OpenSea
We współpracy z: https://thenewscrypto.com/opensea-shows-steep-decline-in-eth-nft-trading-volume-why/
