Element's total NFT transaction count surpassed OpenSea for the first time yesterday, with a cumulative transaction count exceeding 1 million in the past 100 days

2023-09-21 11:53:59

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ChainCatcher news, NFTscan data shows that in the past three months, the multi-chain NFT market Element has accumulated over 1 million transactions, with wallet addresses exceeding 800,000. Additionally, NFTscan reported yesterday that Element's total transaction count across all chains has surpassed OpenSea for the first time.

In the past three months, the Element market has successively integrated four Layer 2 networks: zkSync, Base, Linea, and opBNB, and launched the Bitcoin Ordinals protocol market, currently supporting ten public chains.

It is reported that Element was founded in May 2021 and has received $11.5 million in investments from several institutions including Sequoia, SIG, and Dragonfly Capital. The market has attracted attention in the NFT space due to its features such as low gas fees, bulk purchases and listings, order aggregation, multi-chain integration, and Launchpad services.

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