OpenSea Users Are Going Wild! You Won’t Believe What’s Happening!

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Oh, gather ’round, dear readers, for a tale of digital treasures and whimsical wonders! OpenSea, that jolly old NFT marketplace hailing from sunny Miami, has seen a delightful surge in its merry band of active users! Yes, indeed! It seems the world of digital collectibles is buzzing like a beehive on a sugar rush! 🍯🐝

OpenSea Monthly Trading Volume Active User Outlook

According to the wise folks at Dune Analytics, a whopping 467,322 users danced their way onto OpenSea in May! That’s right, folks! These are the brave souls who dared to make one or more transactions on this magical platform. It’s the largest crowd since the summer of 2023, and it’s as bustling as a market on a Saturday morning! 🥳

Now, why this sudden flurry of activity, you ask? Well, it could be the shiny new launch of OS2, which has users dreaming of rewards like children eyeing a candy store! The private beta for OS2 opened its doors in January 2025, welcoming the elite Genesis NFT holders to explore new features like a traits tab and an explore tab—oh, the excitement! 🎉

But wait, there’s more! OS2 also offers a chance for feedback to improve the OpenSea experience. By February, it was live in open beta, boasting cross-chain token trading and a brand-new rewards system! And let’s not forget the introduction of XP—no, not the kind you get from eating your veggies, but experience points for being a good little trader! 🌟

With OS2 fully operational, users are now trading tokens and NFTs across 19 chains, including Solana’s fungible tokens. It’s a veritable digital carnival! 🎡

Market watchers are already rubbing their crystal balls, predicting that June’s numbers might just be as dazzling! Some optimistic experts are even dreaming of a higher active user count, currently sitting at 236,091. But hold your horses! The monthly trading volume still lags behind the glory days of 2021 and early 2022, when it soared to over $5 billion! Now, it’s a mere $81 million—oh, how the mighty have fallen! 📉

OpenSea Users Are Dissatisfied With Token Airdrop Mechanism

On one hand, users are practically salivating at the thought of the upcoming airdrop of OpenSea’s native SEA token. But alas! Controversy brews like a storm in a teacup! ☕️

With the launch of OS2 and XP, users are expecting a boost in their chances for the airdrop, but some are grumbling like a bunch of grumpy trolls! They believe the XP system is as friendly to developers as a porcupine in a balloon factory. It’s been accused of encouraging sneaky practices like wash trading and prioritizing fees over genuine engagement. Oh, the drama! 🎭

The trading activity of the top OpenSea $SEA airdrop farmers is absolutely bonkers!

Let’s peek at DE777, the top XP farmer of the last 24 hours. As soon as one of his bids is triggered, he dumps the NFTs on the next farmer faster than you can say “Jack Robinson!” Sometimes within seconds! 🏃‍♂️💨

— wale.moca 🐳 (@waleswoosh) February 17, 2025

Wale, a well-known NFT collector and influencer, described the new mechanics as “Blur farming on steroids.” Oh, what a colorful phrase! It certainly highlights the perils of high-frequency trading without a safety net! 🎢

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2025-06-09 19:44