Non-fungible token (NFT) marketplace OpenSea has reached a trading volume of $3.11 billion over the past month, according to data provided by DappRadar.
According to the resource, the marketplace has recorded more than 195,000 unique users who have made 2.22 million transactions over the past 30 days.
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Meanwhile, analysts at Dune Analytics reported that during August the marketplace’s trading volume exceeded that of the previous month (about $326 million) by more than 800%. Its users sold about 1.6 million NFTs on the platform, 3.5 times more than during July.
According to Delphi Digital analysts, OpenSea dominates the NFT market. According to them, the market accounted for 95% of the NFT market in August, while on August 29, the platform's daily volume reached an all-time high of over $300 million.