NFTs are booming right now. CryptoPunks, Art Blocks, Bored Apes, and other collections hit new peaks on Monday, as did marketplace OpenSea.
As reported by decrypt.co, the NFT market for crypto collectibles and tokenized artwork continues to set new peaks in August, with Monday marking the all-time best day for trading volume at leading marketplace OpenSea along with several popular NFT collections.
OpenSea has set and then beat daily records several times this month, reaching a new peak of $194.6 million of trading volume on Monday, according to data from Dune Analytics. That’s a sizable leap over the previous record of $125 million set on Sunday. The marketplace’s monthly trading volume now sits above $1.83 billion so far in August, already more than quintupling the previous record of $325 million in July.