According to TechFlow, on September 4, according to Coingecko data, the NFT trading platform Magic Eden led the market with a transaction volume of US$122.47 million in August, accounting for 36.7% of the market share, ranking first in NFT transaction volume for the sixth consecutive month.
Magic Eden, Blur and OpenSea together control 82% of the market share. Blur ranks second with a transaction volume of $84 million and a market share of 25.4%. OpenSea ranks third with a transaction volume of $66.5 million and a market share of 19.9%.
It is worth noting that the entire NFT market is still continuing to decline. According to CryptoSlam data, the total monthly sales of NFTs in August was only US$374 million, a 76% drop from the peak of US$160 million in March 2024.
