Magic Eden led the NFT market in August with $122.47 million in trading volume, securing 36.7% market share.
Non-fungible token (NFT) marketplace Magic Eden had the largest market share in August, surpassing competitors like Blur and OpenSea in NFT trading volume.
On Sept. 4, crypto data tracker CoinGecko highlighted that Magic Eden recorded a trading volume of $122.47 million. This represents 36.7% of the total NFT market share, bringing the platform its sixth consecutive month at the top of the NFT space.
Magic Eden is an NFT marketplace that allows users to create, trade and collect NFTs. The platform supports NFTs based on Ethereum, Solana, Polygon and Bitcoin.
