NFT trading volume on the OpenSea drops by over 70%

2022/03/09 11:40

According to Finbold, from the end of December 2021 to the beginning of February 2022, NFTs had a significant increase in both traffic and Google search interest. The daily volume of OpenSea reached a height of around $250 million. However, recent declines in daily volume have brought that figure down to around $70 million, marking a 72% decrease from its high, as per data from research platform Delphi Digital. On the whole, global “NFT” searches have experienced an even greater decline, with numbers down to levels last seen in early November.
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