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Opensea, Leading NFT Marketplace Hits Past $10 Billion in All-Time Sales

So, Opensea is the largest NFT market in terms of all-time settlement. Of course, coming second is the Axie Infinity.
Notably, Axie Infinity records $2.99 billion in all-time sales, also recently launches an NFT marketplace.

Furthermore, Axie Infinity sales is 29.90% of Opensea all-time sales, also the NFT game on Ethereum has 1,031,704 traders.

Currently, Now the leading NFT marketplace hits a record milestone surpassing $10 billion in all-time NFT sales.

More so, Opensea $10 billion in sales comes after the company’s $100 million capital raise at the end of July.

Notably, The venture capital firm Andreessen Horowitz leads the Series B round. Of course, having investors like Kevin Durant, Ashton Kutcher, and Tobi Lutke join in.
Also, The capital raise pushes it into the unicorn company category as well.

Additionally, after the funding, Opensea management dismiss an employee. Of course, after accusing the employee of insider trading. Notably, Four days later, the Opensea’s marketplace launches its smartphone application. So, this will enable users have access to the NFT market using their mobile phones.

Aside Opensea Ethereum network support, the NFT marketplace benefits from Polygon as well.

Furthermore, the monthly Opensea’s volume on Ethereum decreases since August. Meanwhile, August records an all-time high for Polygon-Opensea’s transactions. Which of course, see the last two months remaining steady.
More so, The highest number of monthly active traders using Polygon-Opensea transactions is September. Notably, this is according to information from Dune Analytics stats.

Lastly, As Opensea sees $10.25 billion, the average price on Opensea throughout its lifetime operating is $872 per NFT.

Currently, Opensea’s top 500 traders according to Dune Analytics, trades the Art Blocks collection the most. Then, after it comes the Bored Ape Yacht Club (BAYC).
Lastly, Art Blocks and BAYC is ahead of Cool Cats, Bored Ape Kennel Club (BAKC), and Cryptotoadz.

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