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Home»Crypto»OpenSea Pro overtakes rival Blur as addresses and volumes spike
Crypto

OpenSea Pro overtakes rival Blur as addresses and volumes spike

The Early Retirement GuideBy The Early Retirement GuideApril 8, 2023No Comments2 Mins Read
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NFT aggregator OpenSea Pro has overtaken NFT marketplace Blur with an increase in active addresses and transaction volume after launching this week.

The surge in numbers follows the announcement of OpenSea Pro’s new offering aimed at professional NFT traders.

The OpenSea Pro marketplace has always been able to dominate and be responsible for most transactions in a highly competitive marketplace. The prominent NFT marketplace was launched to compete with the free platform Blur.

OpenSea Pro maintains top share among NFT aggregators

Please introduce yourself 📣

Starting today, Gem V2, the best-in-class NFT aggregator, is now OpenSea Pro!

💎➡️⛵️

OpenSea Pro will continue to be run by the familiar Gem team, but with a unified brand we can offer more to our users.

Let’s dive in 👇🏽🧵 pic.twitter.com/pyt6QnjW7b

— OpenSea Pro (@openseapro) April 4, 2023

That number skyrocketed after the April 4th launch when OpenSea Pro announced offerings aimed at improving the experience of professional traders on the platform.

according to sand dunes Statistics show that OpenSea Pro’s new addresses exceeded 1,800 each day before returning to 1,000. The number of active addresses also skyrocketed to over 3,500 each day, and now he’s hovering around 3,000.

OpenSea Pro’s New Daily Address After April 4th Launch | Source: sand dunes

The platform’s daily volume exceeded $3 million and has since exceeded $2.5 million.

Addresses and Volume Soar as OpenSea Pro Overtakes Rival Blur - 2
OpenSea Pro Daily Volume Sources in US Dollars Since Launch: sand dunes

Blur vs. OpenSea Pro

Two NFT aggregators, Blur and OpenSea Pro, have had quite the battle this week. Blur has dominated the market since its introduction due to high profile airdrops.

However, OpenSea Pro took the lead this week following an increase in transaction share, losing out to Blur on April 7th.

The platform captured 55.1% of the total market on April 5, while Blur dominated 29.5%. His OpenSea numbers improved on April 6th, and he took a whopping 58.4% market share. The platform maintains over 50% of total transactions among NFT aggregators.

Previously, before being acquired by OpenSea, NFT Aggregator was known as Gem.high seas Acquisition Returning in April 2022 as a way to show support for the growing NFT community.

During the launch, OpenSea expressed excitement about rolling out a platform that allows collectors to offer the best deals. 170 marketplaces Access sophisticated tools to meet your automation needs.


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