ONCHAIN EDGE

The General Decline In Interest

On OpenSea, the most prominent non-fungible tokens (NFTs) marketplace, NFT trading volume has significantly decreased, plummeting by 98% since its peak. As the

Ethereum NFT Frenzy Cools as OpenSea Monthly Volume Drops 12%

The general decline in interest in profile-picture NFTs has caused OpenSea to log its lowest trading volume for its Ethereum and Polygon-based collections.

Here’s why OpenSea Ethereum transaction volume might be

OpenSea trading volumes nosedive as ETH activity falls to 2025

NFT Giant OpenSea Faces Unexpected Drop in August

Opensea

OpenSea Ethereum Transaction Volume Decreased by 25%: Could

NFT Trading Volume Drops to Yearly Lows on OpenSea

OpenSea’s Ethereum NFT trading volume dropped another 12% in October, while collections like CryptoPunks and Art Blocks experienced steeper declines. However

As Per Dune Analytics

OpenSea: Sales of Ethereum, Polygon NFTs plummet to new lows

As per Dune Analytics, OpenSea witnessed a staggering 25 percent decline in its Ethereum transaction volume in May from April. As seen in the above image, OpenSea’s

Data from Token terminal show that OpenSea’s NFT trading volumes have nosedived 33% over the past 30 days, now standing at $89 million. The platform’s weekly user

However

However, the transaction volume of OpenSea based on Ethereum in May was $2.596 billion, which is a decline of roughly 25% from April’s value, and the number of monthly active users

OpenSea’s Transaction Volumes on Sharp Decline, Is

OpenSea goes multichain after 98% drop in volume

OpenSea Records Lowest NFT Volume Since May 2025