Amid NFT Market Surge, Here Are 10 Best NFT Market Platforms to Trade NFTs

By description, non-fungible token marketplaces (NFT marketplaces) are online blockchain platforms facilitating non-fungible token trading

The non-fungible token market has started taking the crypto world by storm again. In the past seven days, the NFT market has recorded a whopping $179 million surge, the highest trading sales volume since April 2024. Punks are breathing fire and are up a staggering 665%. In this article, we have listed some of the best NFT market platforms to trade NFTs amid the NFT market surge.

By description, non-fungible token marketplaces (NFT marketplaces) are online blockchain platforms facilitating non-fungible token trading between parties. These marketplaces serve as a hub where creators and collectors can participate in the creation, purchase, sale, and exchange of NFTs. Before digital NFT marketplaces were created, it was difficult for NFT buyers and sellers to connect.

1. OpenSea NFT Marketplace

OpenSea is one of the best NFT market platforms in the NFT ecosystem. It offers several NFTs in different categories, such as digital art, collectibles, domain names, photography, music, PFPs, utility, trading cards, and virtual worlds. OpenSea is primarily based on the Ethereum blockchain, although it is compatible with blockchain networks like Polygon, Avalanche, Solana, Klaytn, Arbitrum, Optimism, Zora, Blast, Sei, and Base.

Data compiled by Tiexo.com, an on-chain non-fungible token collection explorer, shows that the OpenSea is leading NFT marketplace in the NFT ecosystem today. In the past 24 hours, the NFT marketplace has amassed a trading sales volume of $4.92 million, taking 27.5% of the market share. This peer-to-peer NFT platform charges 2.5% on secondary transactions.

2. Magic Eden NFT Marketplace

Magic Eden is the second-best NFT marketplace in the NFT ecosystem. Launched in September 2021, it is a multi-chain digital marketplace supporting NFTs on Solana, Polygon Ethereum, and Bitcoin. It recently added support for ApeChain, Base, and Arbitrum. Magic Eden enables users to create, buy, sell, and collect NFTs. It was the main competitor to OpenSea until Blur arrived.

Magic Eden started becoming notable in trading sales volume earlier last year, particularly after adding the support of Bitcoin Ordinals collections. Since then, Magic Eden has retained its top position for the past six months, outpacing OpenSea and Blur NFT market platforms. In the past 24 hours, Magic Eden has been the second most-traded NFT market platform, raising a trading sales volume of $4.76 million, taking 26.61% of the total market share.

3. Blur NFT Marketplace

Blur is the third-best NFT marketplace in the NFT ecosystem. Launched in December 2022, Blur is a decentralized NFT market platform running on the Ethereum and Blast blockchain networks. It caters more to professional NFT traders seeking profit from their trades. Earlier last year, it overtook Magic Eden and OpenSea to become the leading NFT market platform in the world by trading sales volume.

Blur offers collateralized lending and allows users to search OpenSea listings from Blur. The transparent bidding feature also enables users to view the bidding history on an NFT, granting more insight into the market value of their NFTs. In the past 24 hours, the NFT marketplace ranked third, amassing a trading sales volume of $4.02 million, taking 22.7% of the total market share.

4. Tensor NFT Marketplace

Tensor is another best NFT marketplace to consider this bullish NFT season. Launched in July 2022, Tensor is an NFT marketplace created on the Solana blockchain network. It offers a range of features for traders and creators, including real-time data, candlestick charts, and automated market-making pools for NFTs, allowing users to sweep, bid, list, and delist NFTs in bulk.

Tensor was created to offer traders deep liquidity, swift NFT trading transactions, and the opportunity to earn rewards. It also provides advanced trading features, deep liquidity, real-time updates, and unique financial instruments like Price Locks. In the past 24 hours, the Tensor NFT marketplace has recorded a trading sales volume of $2.49 million, taking 13.91% of the total market share.

5. Rarible NFT Marketplace

Rarible is another NFT marketplace to consider when looking for a place to purchase NFTs amid the rump NFT market surge. Launched in November 2023, Rarible is a community-centric NFT market platform that provides interoperability among Ethereum, Solana, Tezos, IMX, and Polygon blockchain networks. The arable NFT marketplace allows $RARI holders to access the Rarible DAO, which gives them governance rights in the project.

Rarible enables digital artists to mint NFTs effortlessly, even without requiring coding skills. Its decentralized structure and customizable options appeal to those seeking unparalleled creative freedom. Rarible

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