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Last updated: June 16, 2025, 21:24  |  Written by: Joseph Lubin

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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.

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: Sales of Ethereum, Polygon NFTs plummet to new lows

Opensea

OpenSea Records Lowest NFT Volume Since May 2025

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

Ethereum NFT Frenzy Cools as OpenSea Monthly Volume Drops 12%

On Opensea

OpenSea trading volumes nosedive as ETH activity falls to 2025

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

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

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 Ethereum Transaction Volume Decreased by 25%: Could

OpenSea’s Transaction Volumes on Sharp Decline, Is

Here’s why OpenSea Ethereum transaction volume might be

NFT Giant OpenSea Faces Unexpected Drop in August

OpenSea goes multichain after 98% drop in volume

NFT Trading Volume Drops to Yearly Lows on OpenSea

Joseph Lubin can be reached at [email protected].

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