X2Y2 Surpasses OpenSea in NFT Sales Volume

Over the last several weeks, the sales volume on the Ethereum-based NFT marketplace X2Y2 has surpassed the sector's leading platform, OpenSea.

According to DappRadar statistics, X2Y2 recorded $154.37 million in NFT sales from just 12,121 traders in the previous week, compared to $118.35 million from 153,418 traders on OpenSea.

While the X2YX platform does not appear to host the sale of any top-tier NFT projects, it does provide an OpenSea Sniper function that allows customers to combine NFT purchases on both X2YX and OpenSea into a single transaction.

X2YX's daily volumes reached new highs in June, with the biggest ever recorded day of volume on June 6 at $32.92 million. One of the reasons for the platform's positive performance this month appears to be its zero trading cost promotion, which runs from June 1 to June 30.