OpenSea has emerged as the top NFT marketplace in India, reclaiming its position ahead of competitors as per data from NFTScan. The platform holds over 40% of the market trading volume, surpassing Blur at 23%, Magic Eden at 7.69%, and OKX NFTs at 5%. OpenSea engaged nearly 70% of NFT wallets over the last month, with more than 610,000 wallets actively participating. In contrast, its competitors combined only reached 17% market share with 103,000 wallets. OpenSea’s dominance comes after the launch of its new platform OS2 in the last quarter of 2024, which introduced significant developments and improvements to the marketplace. The platform recently opened Solana trading access for all users and hinted at the launch of its native token, SEA. Additionally, OpenSea was cleared of regulatory scrutiny by the US SEC on February 22. Despite a 61% drop in NFT sales volumes in the first quarter of 2025, OpenSea remains a key player in the market. CryptoSlam data reported a decline in sales volumes to $1.5 billion, down from $4.1 billion in the same period last year. However, interest in NFTs remains strong, with over 359,000 NFT buyers in the last week alone. Collections like CryptoPunks have seen an 82% surge in sales in the last seven days, indicating ongoing interest in NFTs. The market may be evolving, but OpenSea’s continued dominance and strategic developments position it as a frontrunner in the NFT space in India.