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11/5/2024 10:08:47 AM (GMT+1)

OpenSea announced the launch of a new platform "from scratch" in December 2024 against the backdrop of declining NFT sales volumes to lows not seen since 2021 📉🖼️

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OpenSea CEO Devin Finzer announced the launch of a new platform next month, built "from scratch." Despite a slight market share improvement, NFT sales volumes have fallen to their lowest levels since 2021.

OpenSea, long the leader in NFT trading, has ceded the top spot to new competitor Blur, which has offered more advanced trading tools. NFT trading volumes on Ethereum fell from $868 million in January to $136 million in October 2024.


This material was prepared by Khachatur Davtyan, developed and translated by artificial intelligence.



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