#TradingTools101

OpenSea activity is significantly increasing before the airdrop

In May, OpenSea reached its highest level in two years in terms of monthly active users, with 467,000. Monthly NFT sales also rose to 2.12 million, a figure very close to its highest level in 30 months.

It seems that the upcoming $SEA TGE event and the airdrop are the main drivers of this growth. On May 29, OpenSea launched the improved OS2 operating system, which now supports 19 chains, token swaps, and a new rewards program.

Despite the growth in active users, trading volume remains relatively low compared to its peak of $5 billion in January 2021. In May, total trading volume reached $84 million. The NFT season has not yet begun, but interest in it is increasing.