Sales figures for Ethereum and Polygon-based non-fungible tokens (NFTs) on OpenSea are on track to register the lowest monthly volume of the year so far, according to data from Dune Analytics. Ethereum-based NFT sales on the marketplace have declined by 50% in March, while sales of Polygon-based NFTs have experienced a staggering 97% drop in sales volume. OpenSea's dominance in the NFT marketplace has also declined, with a 98% drop in unique active wallets and a 99% decline in transaction count over the past 90 days. This is attributed to the launch of Blur, which has gained significant traction since its launch in October 2022. (ambcrypto)
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OpenSea Sees a Slump in Ethereum and Polygon NFT Sales; Details Inside
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