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NFT Market Slump Adds Pressure as OpenSea Shifts Strategy
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The delay of the SEA token comes as the broader NFT market continues to decline.
Market data shows NFT capitalization has dropped by more than 50% in 2026, while trading volumes on OpenSea have also fallen significantly compared to peak years.
Despite the slowdown, CEO Devin Finzer says the company is focused on long-term growth, including building a new mobile app and expanding beyond NFTs into tokens and other digital assets.
As the market evolves, OpenSea is positioning itself for a broader role in the future of crypto trading.
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NFT market down 50% and they’re still talking about expansion bold strategy
