{"id":157901,"date":"2023-09-18T16:01:30","date_gmt":"2023-09-18T10:31:30","guid":{"rendered":"https:\/\/dripp.zone\/news\/?p=157901"},"modified":"2023-09-18T16:01:30","modified_gmt":"2023-09-18T10:31:30","slug":"okxs-volume-surpasses-opensea-and-blur-details-inside-crypto-news","status":"publish","type":"post","link":"https:\/\/dripp.zone\/news\/okxs-volume-surpasses-opensea-and-blur-details-inside-crypto-news\/","title":{"rendered":"OKX\u2019s volume surpasses OpenSea and Blur; Details inside\u00a0 &#8211; Crypto News"},"content":{"rendered":"<p><\/p>\n<div>\n<div class=\"single-post-author-top\">\n<p>\t\t\t\t\t\t\t\t<img loading=\"lazy\" decoding=\"async\" data-del=\"avatar\" src=\"https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/03\/IMG_20230322_164923565_2-scaled-e1679645058899-80x80.jpg\" class=\"avatar pp-user-avatar avatar-48 photo \" height=\"48\" width=\"48\" \/><\/p>\n<p>Journalist<\/p>\n<\/p><\/div>\n<p>\t\t\t\t\t\t\t\t<span class=\"mvp-post-date updated\">Posted: September 18, 2023<br \/>\n\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t\t<\/span><\/p>\n<\/p><\/div>\n<div>\n<ul>\n<li><em><span style=\"font-weight: 400\">OKX\u2019s trading volume hit $11.54 million, overtaking OpenSea and Blur\u00a0<\/span><\/em><\/li>\n<li style=\"font-weight: 400\"><em><span style=\"font-weight: 400\">OKX NFT Marketplace\u2019s metrics started to fall after spiking on 16 September\u00a0<\/span><\/em><\/li>\n<\/ul>\n<p><span style=\"font-weight: 400\">The NFT ecosystem, which lay low for quite a few months, has once again gained traction, all thanks to<\/span> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/search\/okx\" data-wpel-link=\"internal\"><span style=\"font-weight: 400\">OKX<\/span><\/a><span style=\"font-weight: 400\"> NFT Marketplace. The popular NFT marketplace saw a massive uptick in its trading volume, one which surged into triple digits. In fact, the latest surge allowed OKX to even surpass the likes of OpenSea and Blur on certain fronts.\u00a0<\/span><\/p>\n<hr \/>\n<p style=\"text-align: center\"><span style=\"font-weight: 400\">Is your portfolio green? Check the<\/span> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/calculator\/bitcoin-profit-calculator\" data-wpel-link=\"internal\"><span style=\"font-weight: 400\">Bitcoin Profit Calculator<\/span><\/a><span style=\"font-weight: 400\">\u00a0\u00a0\u00a0\u00a0\u00a0<\/span><\/p>\n<hr \/>\n<h3><strong>OKX goes ahead of OpenSea and Blur<\/strong><\/h3>\n<p><span style=\"font-weight: 400\">OKX NFT Marketplace\u2019s trading volume spiked by 114% to $11.54 million on 16 September 2023, mainly focusing on aggregating liquidity from other exchanges. <\/span><\/p>\n<p><span style=\"font-weight: 400\">On that particular day, the NFT Marketplace even managed to outshine top marketplaces like OpenSea and Blur in terms of trading volume, which was commendable. <\/span><span style=\"font-weight: 400\">This happened despite the fact that OKX\u2019s active addresses remained lower than those of the other two.<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"550\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">OKX NFT Marketplace\u2019s trading volume increased 114% to $11.54 million on September 16, surpassing Blur and OpenSea, mainly focusing on aggregating liquidity from other exchanges. The overall active addresses of OKX NFT Marketplace are about 49.6% of Blur and 14.8% of OpenSea,\u2026<\/p>\n<p>\u2014 Wu Blockchain (@WuBlockchain) <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/twitter.com\/WuBlockchain\/status\/1703231043451716047?ref_src=twsrc%5Etfw\" data-wpel-link=\"external\">September 17, 2023<\/a><\/p>\n<\/blockquote>\n<p><span style=\"font-weight: 400\">While there might be several factors at play, a possible reason could be<\/span> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/crypto-exchange-okx-receives-regulatory-license-in-dubai\/\" data-wpel-link=\"internal\"><span style=\"font-weight: 400\">OKX<\/span><\/a><span style=\"font-weight: 400\"> NFT Marketplace\u2019s latest integration. A few weeks ago, OKX added support for the Base and Linea blockchains. The integration allowed users access to NFTs across 17 blockchains while bringing the liquidity of OpenSea onto the Base network. <\/span><\/p>\n<p><span style=\"font-weight: 400\">Another reason could be OpenSea and Blur\u2019s underperformance over the last few weeks. As evident from Dune\u2019s<\/span> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dune.com\/hildobby\/blur-vs-opensea\" data-wpel-link=\"external\"><span style=\"font-weight: 400\">data<\/span><\/a><span style=\"font-weight: 400\">, both marketplaces\u2019 weekly trading volume has been on a declining trend. Not only that, but a similar trend of decline was also noted in terms of their weekly users.<\/span><\/p>\n<div id=\"attachment_344455\" style=\"width: 912px\" class=\"wp-caption aligncenter\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/09\/Dune-OKX.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-344455\" class=\"wp-image-344455 size-full\" src=\"image\/svg+xml,%3Csvg%20xmlns=\" alt=\"\" width=\"902\" height=\"458\" data-lazy-srcset=\"https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/09\/Dune-OKX.jpg 902w, https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/09\/Dune-OKX-300x152.jpg 300w, https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/09\/Dune-OKX-768x390.jpg 768w\" data-lazy-sizes=\"(max-width: 902px) 100vw, 902px\" data-lazy-src=\"https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/09\/Dune-OKX.jpg\" \/><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-344455\" class=\"wp-image-344455 size-full\" src=\"https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/09\/Dune-OKX.jpg\" alt=\"\" width=\"902\" height=\"458\" \/><\/a><\/p>\n<p id=\"caption-attachment-344455\" class=\"wp-caption-text\">Source: Dune<\/p>\n<\/div>\n<h3><strong>Will this last long?<\/strong><\/h3>\n<p><span style=\"font-weight: 400\">Though 16 September was a day to remember, things started to turn sour for OKX. In fact, over the following day, the NFT marketplace\u2019s metrics dropped. DappRadar\u2019s<\/span> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/dappradar.com\/dapp\/okx-nft-marketplace\/\" data-wpel-link=\"external\"><span style=\"font-weight: 400\">data<\/span><\/a><span style=\"font-weight: 400\"> pointed out that OKX\u2019s trading volume dropped to $7 million from $11.5 million on 17 September 2023. <\/span><\/p>\n<p><span style=\"font-weight: 400\">A few other metrics also followed the same trajectory. The marketplace\u2019s weekly average users and transactions dropped to 1,000 and 1,300, respectively. The same metrics had figures of 1,600 and 2,000 when OKX\u2019s volume surged a day ago.<\/span><\/p>\n<div id=\"attachment_344457\" style=\"width: 981px\" class=\"wp-caption aligncenter\"><a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/09\/DappRadar.jpg\" data-wpel-link=\"internal\"><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-344457\" class=\"wp-image-344457 size-full\" src=\"image\/svg+xml,%3Csvg%20xmlns=\" alt=\"\" width=\"971\" height=\"477\" data-lazy-srcset=\"https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/09\/DappRadar.jpg 971w, https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/09\/DappRadar-300x147.jpg 300w, https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/09\/DappRadar-768x377.jpg 768w\" data-lazy-sizes=\"(max-width: 971px) 100vw, 971px\" data-lazy-src=\"https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/09\/DappRadar.jpg\" \/><img loading=\"lazy\" decoding=\"async\" aria-describedby=\"caption-attachment-344457\" class=\"wp-image-344457 size-full\" src=\"https:\/\/statics.ambcrypto.com\/wp-content\/uploads\/2023\/09\/DappRadar.jpg\" alt=\"\" width=\"971\" height=\"477\" \/><\/a><\/p>\n<p id=\"caption-attachment-344457\" class=\"wp-caption-text\">Source: DappRadar<\/p>\n<\/div>\n<hr \/>\n<p style=\"text-align: center\"><span style=\"font-weight: 400\">Read<\/span> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/predictions\/okb-price-prediction\" data-wpel-link=\"internal\"><span style=\"font-weight: 400\">OKB\u2019s Price Prediction<\/span><\/a><span style=\"font-weight: 400\"> 2023-24<\/span><\/p>\n<hr \/>\n<p><span style=\"font-weight: 400\">While OKX NFT Marketplace\u2019s metrics dwindled, the blockchain\u2019s native token<\/span> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/ambcrypto.com\/search\/okb\" data-wpel-link=\"internal\"><span style=\"font-weight: 400\">OKB<\/span><\/a><span style=\"font-weight: 400\">\u2019s price chart turned green. <\/span><\/p>\n<p><span style=\"font-weight: 400\">According to<\/span> <a rel=\"nofollow noopener\" target=\"_blank\" href=\"https:\/\/coinmarketcap.com\/currencies\/okb\/#About\" data-wpel-link=\"external\"><span style=\"font-weight: 400\">CoinMarketCap<\/span><\/a><span style=\"font-weight: 400\">, OKB was up by more than 3% over the last seven days. At the time of writing, it was trading at $43.33 with a market capitalization of over $2.5 billion, making it the 25th largest crypto. The good news was that the uptrend was accompanied by a rise in its trading volume, which increased the chances of the prevailing price trend sustaining itself.\u00a0<\/span><\/p>\n<\/p><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Journalist Posted: September 18, 2023 OKX\u2019s trading volume hit $11.54 million, overtaking OpenSea and Blur\u00a0 OKX NFT Marketplace\u2019s metrics started to fall after spiking on 16 September\u00a0 The NFT ecosystem, which lay low for quite a few months, has once again gained traction, all thanks to OKX NFT Marketplace. The popular NFT marketplace saw a [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":157902,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[5],"tags":[230,225,221,227,226,228,229,60,223,224,222],"class_list":["post-157901","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-cryptocurrency","tag-brave","tag-coinbase","tag-crypto","tag-decentralised","tag-decentralized","tag-decentralized-exchange","tag-erc-20","tag-featured","tag-meme-coin","tag-robinhood","tag-solana"],"_links":{"self":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/157901","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/comments?post=157901"}],"version-history":[{"count":2,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/157901\/revisions"}],"predecessor-version":[{"id":157904,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/posts\/157901\/revisions\/157904"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media\/157902"}],"wp:attachment":[{"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/media?parent=157901"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/categories?post=157901"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dripp.zone\/news\/wp-json\/wp\/v2\/tags?post=157901"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}