It's starting to feel like 2021 again with the way OpenSea is performing lately. As of yesterday, the NFT marketplace giant was once again facilitating 60% of the Ethereum ecosystem's NFT trading volume and 70% of its unique sales. To put this activity into perspective, OpenSea's volume levels are up nearly x6 since Jan. 2025!
That's no small feat, with the surge driven by interest around the new OS2 platform and the upcoming $SEA airdrop. It remains to be seen how OpenSea might sustain this renewed dominance post-token. Yet as they continue to expand to new chains like Ronin, they've got their sights set on becoming a true multichain hub like never before. Let's see if they can keep the ship sailing smoothly in the meantime.
The Fraxtal ecosystem is expanding at lightning speed—this month’s biggest highlight is IQAI.com, the newest Agent Tokenization platform from IQ and Frax. IQ is building autonomous, intelligent, tokenized agents launching on Fraxtal in Q1. Empower onchain agents with built-in wallets, tokenized ownership, and decentralized governance—all within a fast-growing Fraxtal ecosystem.
Not financial or tax advice. Bankless content is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.
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