🖼️Ethereum NFT Marketplace Monthly Trading Volume and Trader Count Trends
Trading volume has increased, partly due to improvements in the overall Cryptocurrency market conditions. In late May, OpenSea officially released OS2 and launched "Voyages" as the first phase of its new rewards program.
Attention is focused on the impact Voyages will have on OpenSea's trading volume from June onwards.
📊Monthly Trading Volume
1. @opensea - $68.50M
2. @blur_io - $50.50M
3. @cryptopunksnfts - $21.30M
4. @SuperRare - $0.76M
5. @MagicEden - $0.23M
The number of traders has also recovered overall, but is mainly concentrated on OpenSea and Blur. It is predicted that many users will gather on OpenSea as a result of Voyages, and competition for user acquisition among other marketplaces is likely to intensify.
👥Monthly Active Trader Count
1. @opensea - 60012
2. @blur_io - 13060
3. @MagicEden - 523
4. @foundation - 522
5. @Element_Market - 254