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The Defiant 2025-03-07 21:57:08

NFT Volume Plummets to 2025 Lows After OpenSea Pauses Incentives

The NFT market’s woes continue as marketplaces struggle to regain their post-election volume levels, with a noticeable drop off after OpenSea temporarily removed bidding and listing points on its platform. The cumulative Ethereum NFT market processed just $5.7 million on March 5, despite recording between $20 million and $30 million per day while volume incentives were live, and regularly trading between $15 million and $50 million per day in December. To continue reading this as well as other DeFi and Web3 news, visit us at thedefiant.io

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