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https://opensea.io/assets/ethereum/0x495f947276749ce646f68ac8c248420045cb7b5e/71206743363186416486792569524009584010087186435717059399687157307554530328577/
check this out my first nft #nft #OpenSea's #community #crypto2024SpaceCatch #PolygonEvolution
check this out my first nft #nft #OpenSea's #community #crypto2024SpaceCatch #PolygonEvolution
1. Gas consumption within the #Ethereum-based NFT market has notably dropped, reaching levels reminiscent of June 2021. Transactions on major NFT platforms like OpenSea, Blur, LooksRare, Rarible, and SuperRare now constitute about 1.85% of Ethereum's total gas usage.
2. There has been a substantial contrast since the peak on January 9, 2022, when #OpenSea's NFT transactions alone comprised 28.69% of Ethereum's total gas consumption. This shift indicates a significant change in #NFT transaction patterns and their influence on Ethereum's network activity.
3. The reduced gas consumption in the NFT #market raises questions about shifts in user behavior and preferences within the NFT space. This trend could also reflect broader changes in Ethereum's ecosystem and how NFT-related activities #impact the network's overall usage.
2. There has been a substantial contrast since the peak on January 9, 2022, when #OpenSea's NFT transactions alone comprised 28.69% of Ethereum's total gas consumption. This shift indicates a significant change in #NFT transaction patterns and their influence on Ethereum's network activity.
3. The reduced gas consumption in the NFT #market raises questions about shifts in user behavior and preferences within the NFT space. This trend could also reflect broader changes in Ethereum's ecosystem and how NFT-related activities #impact the network's overall usage.