#NFTScanInsights: Arbitrum NFT Ecosystem Insights 📊

Over the past 30 days, @arbitrum has demonstrated robust growth in its #NFT market, recording $1.4M in trading volume across 21.5k sales and 23.5k unique wallets.

This activity underscores the chain's increasing appeal to NFT #traders and #collectors.

Market Share by Marketplace (Top 3 in 30 Days):
1.@opensea - 56.17%: $810,606 volume, $202 gas, 11,798 sales, 11,848 wallets.
2.Trove @PlayOnTreasure - 33.40%: $482,019 volume, $208 gas, 8,003 sales, 9,863 wallets
3.@Element_Market - 10.37%: $149,664 volume, $36 gas, 1,660 sales, 1,725 wallets

Data Source – @NFTScan_com Marketplace: https://t.co/KW81IxxMDS

Top Collections (30 Days):
1. #WritOfPassage
2. @hungrybera
3. @The_Beacon_GG
4. #YeetardNFTs @eatsleepyeet
5. @NethersNFT

Data Source – Arbitrum NFTScan Ranking: https://t.co/O7epwZR1QM

Notably, @arbitrum has achieved an all-time trading volume of $267,344,670, cementing its position in the broader NFT landscape.

Data Source – NFTScan Multichain: https://t.co/YPQ2RYMjH7

📌 Key takeaways:
- OpenSea dominates with over half the market share, indicating strong user preference.
- Trove shows significant traction as a challenger platform.
- Average sale prices vary considerably between #marketplaces, suggesting diverse #NFT offerings.
- The gas costs on @opensea and @TroveNFTx are similar, while @Element_Market offers lower fees.
- The presence of multiple active marketplaces points to a healthy, competitive ecosystem.

This data reflects #Arbitrum's growing significance in the NFT space, offering traders a vibrant market with diverse options and competitive dynamics.

Explore more data about the Arbitrum ecosystem here: https://t.co/IbZsJqcJV0