OpenSea Seaport has recorded more than 10 million transactions. The Ethereum blockchain was used for 7,986,237 of these transactions, while the Polygon network was used for the remaining 2,040,676, as reported by WU Blockchain on January 1st.
Additionally, the total volume of transactions processed through Seaport has surpassed $3.5 billion, with $3,467,892,762 worth of transactions conducted on the Ethereum blockchain and $43 million worth of transactions conducted on the Polygon network.
According to OpenSea Seaport, the top projects on Ethereum by total sales are Cypherpunk Zero, with a volume of $999,763,208 and 2,091 transactions, and Bored Ape Yacht Club, with a volume of $103,498,784 and 882 transactions. Moreover, Otherdeed for Otherside, with a volume of $78,024,081, and MutantApeYachtClub, with a volume of $69,933,796.
OpenSea Seaport has seen significant growth in the number of unique users on the Ethereum network over time. In July 2022, there were 28,000 unique users, and by the end of the year, this number had increased to 1,125,320. According to the data, there are 1,127,172 unique users as of the current date.
On the Polygon network, OpenSea Seaport has 252,600 unique users. In addition, it has processed $1,790,805 in volume and 131,561 transactions on the Polygon network in the past week.
The daily volume of tokens processed on the Polygon network includes WETH at $39,754,006, MATIC at $2,679,549, USDC at $1,498,389, and others.
Ethereum (ETH) & Polygon’s Price Review
According to CoinGecko data, as of earlier today, the price of Ethereum (ETH) returns to its Key level and currently trading at $1,202.58 with a sliding increase in both daily and weekly charts.
While its trading volume is down by 13%, with a $2.5 billion 24-hour trading volume. If Ethereum experiences a positive reversal, it could potentially reach a resistance level of $1,220. However, if it falls below an upward trend line, it may continue a downward trend to reach support levels of $1,150 and $1,100.
Whereas Polygon (MATIC) is trading at $0.757935 with a 1% increase but a 4.6% decrease in the weekly chart. Its trading volume is also down by 6% in 24 hours. However, in order to prevent a downward trend, the bulls need to raise the price above the moving averages.
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