#OpenSea's.NFT Market Remains Stable, Surpassing Challenging Phases.

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Though non-fungible token (NFT) #marketplaces may not be as vibrant as they were during the exuberant days of 2021, they are far from dormant. Instead, #NFT collectors have redirected their attention to prolonged asset retention, embracing the growing influence of community-oriented dynamics.

Amid a quieter phase for non-fungible token (NFT) marketplaces compared to the bustling activity of 2021, the landscape remains far from dormant. NFT enthusiasts have shifted their strategy towards prolonged asset holding, emphasizing a growing sense of community.

A recent NFT18 report highlights a nearly fourfold increase in the duration between NFT purchase and resale since 2021, now averaging just under 100 days. Despite this, OpenSea continues to boast a robust user base, with 192,500 active wallets, indicating sustained engagement.

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