The top five NFT marketplaces reached the $40 billion milestone in terms of all-time sales during the month of October, with about $41.36 billion on October 29, 2022. This occurred on October 29, 2022.
Opensea is now the most successful NFT marketplace in terms of sales, and it is getting close to the $33 billion threshold after recording $32.76 billion on Saturday.
According to data obtained from dappradar.com, there were a total of 2.34 million traders who were responsible for the $32.76 billion in sales. On Saturday, the 29th of October, the typical price paid for an NFT while purchasing it from Opensea is roughly $352.
Next in line is the Axie Marketplace at $4.26 billion, followed by Magic Eden at $1.83 billion, Looksrare at $1.6 billion, and X2Y2 at $891 million. Axie Marketplace is a market for non-fungible tokens (NFTs) that originate from the play-to-earn (P2E) blockchain game Axie Infinity. To this day, 2.17 million traders have participated in the market.
The total value of non-fungible tokens (NFTs) sold during the course of the previous 30 days was $426 million, representing a 21.32% decrease from the previous month's total. During the past month, there were about 4,556,057 NFT transactions carried out by 510,859 NFT purchasers.