2 years ago
OpenSea's record-high regular measurement connected Jan. 9 was $261 million. Thus acold successful Jan., OpenSea has averaged $169 cardinal successful trading measurement for each day.
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With 2 much weeks near successful Jan., NFT marketplace OpenSea has seen its monthly commercialized measurement successful Ether (ETH) transcend $3.5 cardinal for the archetypal clip ever.
According to data from Dune Analytics, OpenSea has present surpassed the all-time precocious of $3.42 cardinal acceptable successful Aug. 2021 to found a caller all-time high, surpassing the $3.5 cardinal people successful Ether trading volume.
OpenSea's record-high measurement connected Jan. 9, arsenic per Dune Analytics, was $261 million. Thus acold successful Jan., OpenSea has breached $169 cardinal successful trading measurement for each day.
The surge successful NFT commercialized measurement appears to beryllium fueled by the terms summation in Bored Ape Yacht Club (BAYC) and its sibling collections, Mutant Ape Yacht Club (MAYC) and Bored Ape Kennel Club (BAKC). BAYC, which has a ample fig of personage owners, is inactive the astir fashionable NFT postulation connected OpenSea, with 14,306 ETH (nearly $47 cardinal successful existent marketplace value) traded implicit the past 24 hours.
OpenSea announced a $300 cardinal Series C financing round aboriginal this year, led by task superior firms Paradigm and Coatue. The caller currency brought the firm's valuation to $13.3 billion, with the volition of utilizing it for merchandise betterment and boosting worker numbers.
Related: NFT income and blockchain games proceed to turn contempt the caller marketplace slump: Report
New players are rapidly gaining crushed connected OpenSea however, and 1 notable rival is LooksRare — a caller NFT marketplace launched earlier this period that is already outpacing OpenSea successful presumption of trading volumes, arsenic per Dune Analytics' data. However, according to aboriginal reports, the level appears to beryllium overflowing with wash trading successful bid to rig the token-based rewards system.
In different news, Sultan Gustaf Al Ghozali, a 22-year-old machine subject pupil from Semarang, Indonesia, turned 1,000 selfies into NFTs and sold them connected Opensea becoming a millionaire.
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