TechFlow news, June 9 — According to The Block, OpenSea's number of active addresses last month reached 467,322, the highest since mid-2023. Data shows that since the beginning of June, there have already been 236,091 active users, potentially matching or exceeding May's levels.
Despite the rebound in user numbers, OpenSea's monthly trading volume remains far below its peak. The platform recorded $81 million in trading volume in May, compared to over $5 billion at its peak in January 2022.
The user growth may be attributed to OS2 officially exiting its testing phase and launching fully in May. OS2 supports token and NFT trading across 19 blockchains, including fungible tokens on Solana, and has introduced a rewards system called "Voyages," through which users can earn experience points via on-chain activities.
Users widely expect platform engagement to be a factor in future SEA token airdrops, although OpenSea has not yet announced a specific release date.
