Live Markets, Charts & Financial News

OpenSea Pro overtakes rival Blur as addresses and volumes spike

38

The OpenSea Pro NFT aggregator has seen an increase in active addresses and transaction volumes after its launch this week, surpassing Blur, an NFT marketplace.

The big increase in numbers comes after the announcement of the new offering of OpenSea Pro aimed at professional NFT traders.

OpenSea Pro Marketplace has managed to dominate and handle most of the transactions in the ever-competitive market. A prominent NFT market has been launched to compete with the fee-free Blur platform.

OpenSea Pro holds the highest share among NFT aggregators

The numbers rose after its launch on April 4 when OpenSea Pro announced an offering aimed at improving the experience of professional traders on the platform.

according to Dune Stats New OpenSea Pro addresses rose to over 1800 per day before returning to 1000. The number of active addresses also rose to over 3500 per day and now oscillates around 3000.

New Daily Headlines on OpenSea Pro after launch on April 4 | source: Dune

The daily volume of the platform exceeded $3 million and has been hovering above $2.5 million since then.

OpenSea Pro beats rival Blur with higher titles and sizes - 2
Daily USD Volume on OpenSea Pro since launch Source: Dune

Blur vs. OpenSea Pro

The two NFT aggregators, Blur and OpenSea Pro, had a big fight this week. Blur has dominated the market since its arrival due to its notable airdrops.

However, this week, OpenSea Pro took the lead after increasing its transaction share before losing it to Blur on April 7th.

(embed) https://www.youtube.com/watch?v=aME4Kc2nz5w (/embed)

The platform captured 55.1% of the entire market on April 5, while Blur controlled 29.5%. The numbers improved for OpenSea on April 6, with a whopping 58.4% market share. The platform has maintained more than 50% of all transactions between NFT aggregators.

Previously, prior to its acquisition by OpenSea, the NFT aggregator was known as Gem. open sea acquired Back in April 2022 as a way to show support for the growing NFT community.

During the launch, OpenSea expressed its pleasure in introducing a platform that will equip and allow collectors to get the best deals across 170 markets and access to cutting-edge tools that will quench their automation needs.


Follow us on Google News

Comments are closed.