🧵PANews Original | Token Trades Take the Lead — Will $SEA Token Fuel OpenSea’s Revival? 1/ As speculative hype fades, a large number of NFT projects have stalled or been eliminated, and former leading NFT platform @opensea has shifted from a “unicorn” to a “survival mode,” with its valuation sharply reduced amid industry headwinds. Facing stalled growth and profitability pressure, OpenSea is pivoting toward a full-chain trading platform and using #Airdrops incentive to re-engage users and liquidity.

2/ Transformation: Token trading has become OpenSea’s new growth engine, with daily volume hitting $474M on Oct 15, a record high.

3/ Market Shift: Since mid-September, token trading has surpassed NFT trading, contributing 56.8% of monthly revenue, led by @base chain.

4/ User Trend: Growth is mainly driven by existing users — repeat traders account for 94.2%, while new user inflow remains limited.

5/ Strategy & Outlook: Through airdrops, multi-chain integrations (@base, @arbitrum), and mobile AI tools, OpenSea plans to launch its $SEA token in Q1 2026, allocating 50% to the community. Airdrops may drive short-term activity, while upcoming staking features aim to support long-term ecosystem growth.