OpenSea Pro, a non-fungible token (NFT) aggregator, has recently launched its new offering targeting professional traders, leading to a surge in active addresses and transaction volumes. The platform has managed to take and maintain the top share of transactions among NFT aggregators, beating its rival Blur in a key metric.
Data from Dune indicates that new daily addresses on OpenSea Pro spiked to over 1,800 before declining towards 1,000, while active addresses have been hovering below 3,000 since the surge. Additionally, daily volume on the rebranded platform has surged, surpassing $3 million, and has since remained above $2.5 million.
Previously, Blur had dominated daily volume among NFT aggregators, but OpenSea Pro has emerged as a strong competitor. On April 5 and 6, OpenSea Pro garnered the most significant percentage share of the market among NFT aggregators, although it lost the lead to Blur the following day. However, one metric where OpenSea Pro maintained the lead over Blur is the daily transactions share, with over 50% of transactions occurring on OpenSea Pro.
The launch of OpenSea Pro’s new offering has sparked renewed interest in the NFT market, with traders turning to the platform for more professional trading opportunities. The surge in active addresses and transaction volumes signals a growing demand for NFTs and suggests that the market for these unique digital assets is still on the rise.