OpenSea’s dominance shrank 23% in 2022 OpenSea corresponded t | 💎 NFT's & Metaverse Updates💎
OpenSea’s dominance shrank 23% in 2022
OpenSea corresponded to 20% of the total Ethereum (ETH) gas usage. This percentage declined throughout the year to see 9%. The marketplace’s NFT transfer count also recorded a 25% decrease in 2022. the marketplace’s dominance fell to 33% from 50% in January. The chart below represents the number of transactions in the Ethereum network in relation to the transactions that interact with NFTs by calculating a share percentage. NFT marketplaces — OpenSea, LooksRare, Rarible, and SuperRare. The data starts from the beginning of the year and represents the shares of each NFT marketplace with a specific color.
