ChainCatcher news, according to Cryptoslate analysis, OpenSea’s NFT market dominance will drop from 50% to 33% in 2022. In addition, OpenSea's gas usage in Ethereum has also dropped from 20% at the beginning of the year to 9%; the number of NFT transfers has dropped from about 80,000 at the beginning of the year to about 60,000, a drop of about 25%.
The NFT market dominance indicator is based on the ERC721 and ERC1155 Token contract standards and calculates each NFT market's share of the total trading volume of the major NFT markets (OpenSea, LooksRare, Rarible, and SuperRare). (Source link)
