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NFT sales volumes plummeted 61% in Q1 2025, yet OpenSea reclaimed its position as the leading marketplace. The platform now holds over 40% of trading volume, outpacing competitors like Blur and Magic Eden.
- OpenSea holds 40% of NFT trading volume, while Blur trails at 23% and Magic Eden at 7.69%.
- OpenSea launched Solana token trading and teased its SEA token, expanding beyond NFTs.
- Despite a 61% drop in NFT sales, CryptoPunks saw an 82% weekly surge in trading activity.
📎 Related coverage from: cointelegraph.com