🧵PANews Original | Token Trades Take the Lead — Will $SEA Token Fuel OpenSea’s Revival?
1/ As speculative hype fades, a large number of NFT projects have stalled or been eliminated, and former leading NFT platform @opensea has shifted from a “unicorn” to a “survival mode,” with its valuation sharply reduced amid industry headwinds.
Facing stalled growth and profitability pressure, OpenSea is pivoting toward a full-chain trading platform and using #Airdrops incentive to re-engage users and liquidity.
2/ Transformation:
Token trading has become OpenSea’s new growth engine, with daily volume hitting $474M on Oct 15, a record high.
3/ Market Shift:
Since mid-September, token trading has surpassed NFT trading, contributing 56.8% of monthly revenue, led by @base chain.
4/ User Trend:
Growth is mainly driven by existing users — repeat traders account for 94.2%, while new user inflow remains limited.
5/ Strategy & Outlook:
Through airdrops, multi-chain integrations (@base, @arbitrum), and mobile AI tools, OpenSea plans to launch its $SEA token in Q1 2026, allocating 50% to the community. Airdrops may drive short-term activity, while upcoming staking features aim to support long-term ecosystem growth.
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