This weekend, the historical sales of Opensea, the non-fungible token (NFT) market, exceeded $10 billion. Statistics show that 629,867 traders have contributed $10 billion in sales, and since the launch of the NFT market, the average selling price has been $872 per NFT.

Opensea’s historical sales exceed 10 billion U.S. dollars

NFT became very popular in 2021, and this trend continued until the end of the year. Just recently, Bitcoin.com News reported on NFT industry and market behavior data compiled by nonfungible.com.this report It has been shown that the third quarter of 2021 broke the record of exceeding the NFT indicators recorded in the first and second quarters.Opensea, the leading NFT market, has reached a record milestone More than $10 billion In the history of NFT sales.

Opensea is the largest NFT market ever, and the second largest NFT project is Axie Infinity. Axie Infinity has historical sales of US$2.99 ??billion and recently launched the NFT market. Axie Infinity’s sales account for 29.90% of Opensea’s historical sales, and there are already 1,031,704 traders in NFT games based on Ethereum.

Opensea’s $10 billion in sales followed the company $100 million in financing At the end of July. Venture capital firm Andreessen Horowitz led the B round of financing, and investors such as Kevin Durant, Ashton Kutcher and Tobi Lutke also participated in the round. The financing also pushed Opensea into the unicorn category.

However, after obtaining funding, Opensea’s management Fire an employee After the crypto community accused the employee of insider trading.Four days later, Opensea Market Launched its smartphone app So users can use their mobile phones to access the NFT market.

Polygon-based Opensea action increases-top traders collect art blocks, BAYC

In addition to Opensea’s Ethereum network support, the NFT market also utilizes Polygon. Since August, Ethereum’s Opensea monthly transaction volume has been declining month by month. Although August was a record high based on Polygon’s Opensea transaction, it has remained stable for the past two months. According to statistics from Dune Analytics, the largest number of monthly active traders using polygon-based Opensea transactions was in September.

Although Opensea has settled USD 10.25 billion, the average price of Opensea’s entire life cycle operation is USD 872 per NFT, according to dappradar.com metricsAt the time of writing, according to Dune Analytics data, Opensea’s top 500 traders traded Art Blocks the most, followed by Bored Ape Yacht Club (BAYC). Art Blocks and BAYC are followed closely by Cool Cats, Bored Ape Kennel Club (BAKC) and Cryptotoadz.

What do you think of Opensea’s historical sales of more than 10 billion U.S. dollars? Please tell us your thoughts on this topic in the comments section below.

Image Source: Shutterstock, Pixabay, Wikimedia Commons