Magic Eden Continues to Lead the NFT Market for Sixth Consecutive Month
Publication Time:2024-09-04 20:12:08
In the last month, Magic Eden secured its position with a 36.7% market share, marking its sixth consecutive month at the top of the NFT market. The platform recorded monthly trading volumes of $122.47 million, highlighting its strong market presence and user base. In comparison, another well-known NFT trading platform, Blur, experienced a decline in performance during the same period, with its market share falling from 35.4% at the beginning of the year to 25.4%, and monthly NFT trading volumes dropping from $499.95 million to $84.69 million. OpenSea ranked third, with monthly trading volumes of $66.52 million and a market share of 19.9%. Overall, Magic Eden's leadership in the NFT market is becoming more solidified, demonstrating its powerful competitiveness in the fields of crypto art and digital collectibles.
NFT Market
CoinGecko
Magic Eden
market leader