On April 5, according to The Block, in early 2022, OpenSea's share of the Ethereum NFT market transaction volume was as high as about 97%. Just two years later, the platform appears to have shrunk amid fierce competition, with its market share falling to just under 20%. However, in the 10 months since then, OpenSea's share of the Ethereum NFT market transaction volume has steadily increased and currently exceeds 51%. However, analysts believe that OpenSea's market share seems to be recovering, but not because the OpenSea protocol itself is performing well, but probably because its main competitor Blur is performing poorly on a relatively competitive basis. Since reaching its latest peak in December 2024, Blur's monthly NFT trading volume has continued to decline, with an average monthly decline rate of 55%. During the same period, OpenSea's monthly NFT transaction volume changed even more, falling 48% from December to January. It is worth mentioning that Ethereum NFT trading volume has dropped significantly in the past three months, and the entire industry has performed poorly.