OpenSea Surpasses One Million Active User Wallets

2022-01-14 17:2159272

Source: CryptoPotato

Non-fungible token (NFT) marketplace platform OpenSea continues to impress during the new year, with adoption and trading metrics on the rise. The NFT giant has reached a new milestone in the number of active users on the platform.

  • Data from Dune Analytics on Thursday, January 13, 2022, indicated that OpenSea has now crossed one million active user wallets on the platform.
OpenSea Surpasses One Million Active User Wallets Source: Dune Analytics
  • The milestone is the latest indication of OpenSea’s continued growth in the early days of 2022 after enjoying massive expansion last year.
  • Thursday’s news comes shortly on the heels of reports that the platform has seen over $2 billion in trading volume since the start of 2022 and could be in line for a new all-time high in terms of monthly trading activity.
  • Earlier in January 2022, the co-founder of the company Devin Finzer announced that OpenSea raised $300 million in a Series C funding round.
  • This put OpenSea’s market valuation at a staggering $13.3 billion, a considerable leap from its $1.5 billion valuation back in July 2021.
  • OpenSea’s barnstorming start to 2022 is also in keeping with the level of NFT-related activity that has characterized the early days of the year, with popular collections like CryptoPunks and Bored Ape Yacht Club continuing to elicit massive interest.
  • While the platform’s dominance remains unmatched, OpenSea could come in for some competition from upstarts like LooksRare. The latter recently launched its marketplace with an airdrop for users.
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Skvllpvnk

Skvllpvnk

There is only one direction in investment, not long or short, only the right direction

01-14 17:30

Bad Bunny

Bad Bunny

Sign in...

01-14 17:27

0N1

0N1

Suppress your impetuous psychology, look for opportunities and try to improve your cognition, and tell yourself that the opportunity in the currency circle itself is the most.

01-14 17:25

Visitor

Visitor

Good time to open a position

01-14 17:25
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