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OpenSea’s OS2 platform rollout has driven its highest user growth in over two years, signaling a potential revival in the NFT market. Monthly active users surged 44% in May, with NFT sales returning to early 2023 levels. The upgrade introduces multi-chain support, gamified rewards, and hints at an upcoming SEA token airdrop.
- OpenSea's OS2 platform drove a 44% monthly user increase to 467,000 in May, the highest since April 2023.
- The upgrade supports 19 blockchains, introduces gamified 'Voyages' rewards, and teases a SEA token airdrop.
- Regulatory relief came in February 2024 as the SEC closed its investigation into OpenSea, reducing market uncertainty.
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