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In a first, OpenSea crosses $10 billion in total volume, what next for the NFT platform
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The crypto market’s largest Non-fungible token (NFT) marketplace, OpenSea achieved the milestone of more than $10 billion in volume for the first time since its inception.
As per NFT data aggregator DappRadar, OpenSea incorporated around $10.35B of transactions since launching in December 2017. Ergo, maintained a far and away in the lead compared to other marketplaces.
Source: Dappradar
The platform has seen exponential growth this year, having processed $2.5 billion worth of trades for the first half of 2021. The milestone is just another feather on the cap for what is a hotbed for NFT activity. However, here’s an interesting aspect; the daily transaction volume had declined a lot from the peak as seen in the chart below.
Source: Twitter
As
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