SEC to Sue NFT Marketplace Opensea, What’s Going On?

Previously, OpenSea, one of the leading non-fungible token marketplace platforms, once again achieved its dominance as the most traded NFT marketplace platform in the last 24 hours.

Data collected by Tiexo.com shows that in the last 24 hours, OpenSea has recorded a trading volume of USD 5.96 million. OpenSea lost its glory early last year after the launch of the Blur NFT Marketplace. In an unexpected turn of events, the Opensea NFT Marketplace has once again become the #1 NFT marketplace in the Ethereum NFT ecosystem.

Next up is Magic Eden, a multi-chain NFT marketplace and the largest NFT marketplace on Solana. In the past 24 hours, Magic Eden has amassed a trading volume of 4.28 million, representing 27.37% of the total market share of the top five most traded NFT Marketplaces.

Reporting from Inside Bitcoinist, Saturday (6/28/2024), Blur is in third place. In the last 24 hours, Blur has recorded a trading sales volume of USD 3.2 million, taking 20.97% of the total market share of the five most traded NFT markets.

Blur is a decentralized NFT marketplace designed for professional traders, offering unique capabilities, flexible creator royalties, and a major competitor to the OpenSea marketplace.

Tensor NFT Marketplace, one of the largest NFT trading platforms in the Solana NFT ecosystem, is in the fourth most traded position. In the last 24 hours, Tensor has recorded a trading volume of USD 803,019, taking only 5% of the top five most traded NFT marketplaces.

In fifth place is CryptoPunks.eth, a new and innovative NFT marketplace dedicated exclusively to a collection of 10,000 iconic CryptoPunks, which is the fifth most traded NFT marketplace. In the last 24 hours, CryptoPunks has amassed a trading volume of USD 553,087, taking the remaining 3.43% of the top five most traded NFT marketplaces.