Due to poor performance of Blur, OpenSea's market share and market capacity have rebounded

Odaily Daily reported that in early 2022, OpenSea accounted for approximately 97% of the trading volume in the Ethereum NFT market. Just two years later, the platform seemed to shrink in fierce competition, with its market share dropping to just under 20%, and even dropping to 13% in the summer of 2024. However, in the following 10 months, OpenSea's share in the Ethereum NFT market trading volume steadily increased, currently exceeding 51%. However, analysis suggests that the "return" of OpenSea in terms of market share and market capacity is not due to the good performance of the OpenSea protocol itself, but rather to the poor performance of its main competitor Blur on a relative competitive basis. （The Block）