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Guys, the NFT market is waking up again! In just a week, trading volumes jumped to $179 million — the highest since April of last year. Punks skyrocketed by 665%, seriously. Looking at the stats, I realize it's time to figure out where to trade this stuff.
It turns out the top NFT platforms right now are not only OpenSea, although it still holds nearly 28% of the market with a volume of $4.92 million in 24 hours. Magic Eden is second in volume — $4.76 million, especially boosted after adding Bitcoin Ordinals. Blur is also in the top with $4 million, but it's more for professional traders.
Digging deeper, Tensor on Solana shows $2.49 million per day, Rarible positions itself as a community platform, and Mintable doesn’t charge any minting fees at all. SuperRare is for the digital art elite, and CryptoPunks are still relevant. And yes, there are also LooksRare and several other NFT platforms fighting for a piece of the pie.
Interesting to see what people are choosing? Some are catching profits on Blur, others are creating on Rarible without code, and some are hunting for rare art on SuperRare. Each platform has its own style. The top NFT platforms are clearly tailored to different types of traders and artists. If the market continues to grow, it will be interesting to see which ones rise to the top. Which platform do you trade on?