DappRader: Netwide NFTS traded 8.78 million transactions in September, with OpenSea's 'dominance' weakening

According to BlockBeats, on October 4, data released by blockchain analytics platform DappRader showed that the netwide NFT market transaction volume reached $947 million in September (excluding suspicious laundering transactions), compared with $927 million in August. That compared with $916 million in July and $1.03 billion in June. In addition, the NFT market volume in September fell 82 percent from January (5.36 billion dollars). In terms of trading volume, about 8.78 million NFTS were traded in September, up from 7.68 million in August and 5.89 million in July. The current monthly record for year-end sales was set in January, when 12.16 million transactions were made. Notably, Solana on-chain NFT sales have soared in recent weeks, generating nearly $133 million worth of sales in September, nearly double the $68.5 million in sales in August. In addition, OpenSea's market "dominance" is waning, with OpenSea generating $350 million in NFTS traded in September, while X2Y2 traded nearly $297 million and Magic Eden reached $127 million.