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HomeOpenseaOpenSea surpasses $3.5B in monthly Ether trading volume setting new ATH

OpenSea surpasses $3.5B in monthly Ether trading volume setting new ATH

January is just two weeks away, and OpenSea, a non-fungible token (NFT) marketplace, is Ether (ETH) Over $ 3.5 billion for the first time.

according to According to data from Dune Analytics, OpenSea surpassed a record $ 3.42 billion in August 2021 and Ether’s trading volume of $ 3.5 billion.

According to Dune Analytics, Sunday’s record high volume for OpenSea was $ 261 million. As of January, OpenSea has recorded a daily trading volume of $ 169 million.

The sharp increase in NFT transaction volume Boring ape yacht club (BAYC) and its sibling collections Mutant Ape Yacht Club (MAYC) and Bored Ape Kennel Club (BAKC). BAYC, Owners of numerous celebritiesIs still the most popular NFT collection on OpenSea. 14,306 ETH (current market value of about $ 47 million) has been traded in the last 24 hours.

OpenSea $ 300 Million Series C Financing Round Earlier this year, venture capital paradigms and courts took the lead. Fresh cash was valued at $ 13.3 billion for the company with the aim of using it to improve the product and increase the number of employees.

Related: NFT sales and blockchain games continue to grow despite the recent market downturn: Report

However, new players are growing rapidly at OpenSea, One of the notable competitors is Looks Rare — According to Dune Analytics data, the new NFT marketplace launched earlier this month already outperforms OpenSea in terms of trading volume.However, according to early reports, the platform Is displayed It is flooded with clothes transactions to equip a token-based reward system.

In other news, Sultan Gustaf Al Ghozali, a 22-year-old computer science student from Semarang, Indonesia, turned 1,000 selfies into an NFT and became a millionaire. Sell ​​them on Opensea..