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OpenSea Weekly NFT Sales Surpass $1 Billion For The First Time

Amy Liu

Summary: NFT marketplace OpenSea has hit an all-time high of $1.14 billion in weekly trading volume, up 170% from the previous week. The marketplace has facilitated $2.49 billion worth of trades in August so far, already 666% more than the previous record of $326. On Ethereum, OpenSea dominates the market: 98.3% of all Ethereum-based NFT activity ...

NFT marketplace OpenSea has hit an all-time high of $1.14 billion in weekly trading volume, up 170% from the previous week. The marketplace has facilitated $2.49 billion worth of trades in August so far, already 666% more than the previous record of $326. On Ethereum, OpenSea dominates the market: 98.3% of all Ethereum-based NFT activity has taken place on OpenSea this month.

By Amy Liu

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