.magiceden has passed opensea in daily NFT transactions, but the average trader on the Solana-based marketplace still spends much less per purchase. elitanjourno reports
When reached by CoinDesk, Magic Eden provided data showing 330,000 true sales had occurred over the last week; that works out to about 47,000 daily transactions.
While Magic Eden users are transacting at greater rates than on OpenSea, the lack of blue-chip NFT projects on Solana has led to lower total sales volume, despite more transactions. Usage stats over a 30-day period tell a similar story, though OpenSea’s total volume of traders is down 1% from the previous month while Magic Eden’s has increased 316%.
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