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NFT market OpenSea transaction volume hits record high

Non-fungible token marketplace OpenSea’s July transaction volume reached a new high of almost US$325 million, a 118% increase from an historic high attained in June. Fast facts The new numbers make OpenSea the most active NFT marketplace. OpenSea’s July NFT transaction numbers and transaction fees were also records, at 457,700 and US$21.78 million, respectively, breaking […]

From the Forkast crypto archive

Non-fungible token marketplace OpenSea’s July transaction volume reached a new high of almost US$325 million, a 118% increase from an historic high attained in June.

Fast facts

  • OpenSea’s July NFT transaction numbers and transaction fees were also records, at 457,700 and US$21.78 million, respectively, breaking the previous transaction number and fee records of 211,400 in June and US$10.5 million in March, respectively.
  • In July, Opensea raised US$100 million and hit a valuation of US$1.5 billion in its latest funding round, making it a unicorn startup company.