NFT trades on Sei(2024)

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    Overall stats
    Weekly stats
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    NFT Traders Distribution
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    Key findings

    Overall Stats:

    • Total NFT traded volume: The Sei blockchain has recorded a total NFT traded volume of $23.4M in 2024, highlighting the significant market activity on this platform.
    • Average NFT trade per wallet: On average, each wallet has conducted 15.4 NFT trades, indicating a high level of engagement among users.
    • Total number of sellers: There are 62.1k unique sellers, demonstrating a broad and active seller base within the ecosystem.
    • Maximum traded NFT price: The highest price paid for an NFT on Sei is $28.7k, showing that high-value transactions are taking place.
    • Average traded volume: The average traded volume stands at $43, reflecting a vibrant and accessible market for various price ranges.
    • Total number of buyers: With 35.5k buyers, the platform shows a healthy balance between buyers and sellers.
    • Total traded NFT collections: A total of 473 NFT collections have been traded, indicating a diverse range of available digital assets.
    • Total NFT trades on Avalanche: Sei has achieved 544.9k total NFT trades on Avalanche, underscoring its substantial activity within the broader blockchain ecosystem.

    Weekly Stats:

    • NFT buyers and sellers over time: There has been a decline in the number of buyers and sellers over time, which may suggest market maturation or shifting user interests.
    • Number of NFT trades on Sei over time: The data shows a peak in trades early in the year, followed by a gradual decline, with cumulative trades steadily increasing, indicating sustained engagement.
    • Weekly traded NFT collections over time: The number of traded collections peaked in March 2024 and has stabilized since, suggesting a consolidation phase in the market.
    • Weekly NFT traded volume over time: The traded volume shows an initial spike, followed by a decline, with the cumulative traded volume consistently rising, reflecting ongoing trading activity.
    • Weekly average traded volume: The average traded volume per week has seen fluctuations, with a noticeable peak followed by a decline, indicating varying levels of trading activity.

    NFT Traders Distribution:

    • By traded volume: Most traders (56.76%) fall in the $100-$200 range, with a significant portion (20.61%) trading more than $10K, showing diversity in trading habits.
    • By number of trades: A majority of traders (33.47%) have engaged in 1-5 trades, while a considerable segment (32.13%) has made only one trade, reflecting both casual and more committed participants.