On OpenSea

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%

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

Data from Token terminal show

OpenSea Ethereum Transaction Volume Decreased by 25%: Could

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.

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

OpenSea trading volumes nosedive as ETH activity falls to 2025

OpenSea’s Transaction Volumes on Sharp Decline, Is

OpenSea Records Lowest NFT Volume Since May 2025

However

Here’s why OpenSea Ethereum transaction volume might be

OpenSea goes multichain after 98% drop in volume

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

As per Dune Analytics

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

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

NFT Trading Volume Drops to Yearly Lows on OpenSea

NFT Giant OpenSea Faces Unexpected Drop in August