1.OpenSea is the world’s first and largest Web3 marketplace, offering a diverse range of NFT and digital collectibles.

2.The NFT marketplace allows users to buy, sell, discover, and collect various types of NFTs from different categories, including art, games, profile pictures (PFPs), music, and more.

Introduced in 2017 by Alex Atallah and Devin Finzer, OpenSea has become the leading peer-to-peer marketplace for NFTs worldwide. The platform hosts over 700 NFT projects and approximately 80 million NFTs available for trading. Some of these NFT projects are currently trending on the platform.

Now, take a look at the top 5 trending NFT projects on OpenSea.

1.Bored Ape Yacht Club NFT:

Bored Ape Yacht Club NFТ, introduced by Greg Solano and Wylie Aronow in April 2021, is one of the popular projects on OpenSea. The collection consists of 9,998 items that are traded on the Ethereum blockchain and fall under the PFPs category. This project has a total trading volume of 1,282,231 ETH, with a floor price of 25.865 ETH. In the past month, it has generated a trading volume of 25,017 ETH and total sales of 946.

2.CryptoPunks NFТ:

CryptoPunks NFT, also categorized under PFPs, is another prominent name among the top NFTs. Matt Hall and John Watkinson introduced this project in June 2017, offering individuals 24×24 pixel art images. The collection comprises 9,994 items traded on the Ethereum blockchain. It has a total trading volume of 1,168,966 ETH, with a floor price of 46 ETH. In the past 24 hours, the project recorded a trading volume of 235 ETH and total sales of 5, representing a 67% increase.

3.Mutant Ape Yacht Club NFT:

Mutant Ape Yacht Club NFT is a collection of 19.5K unique items that is currently trending on OpenSea. These NFTs can be created by exposing the existing Bored Ape, which falls under the PFPs category and is traded on the Ethereum blockchain. Introduced by Yuga Labs in August 2021, this project has a total trading volume of 976,882 ETH, with a floor price of 5.1 ETH.

4.Azuki NFТ:

Azuki NFT, an anime-inspired project, was introduced in January 2022 and is another trending NFT on OpenSea. The collection consists of 10,000 NFTs traded on the Ethereum blockchain and is expected to make an impact in the NFT space. In terms of trading activity, the project has a total trading volume of 622,755 ETH, with a 24-hour trading volume of 164 ETH, representing a 10% increase. The floor price for Azuki NFT is 3.987 ETH.

5.Otherdeed for Otherside NFT:

Otherdeed for Otherside NFТ is another trending project on the list, holding a total trading volume of 610,532 ETH. Introduced by Yuga Labs, this project offers a collection of 52.5K unique items traded on the Ethereum blockchain. The NFТ collection is categorized under virtual worlds and has a floor price of 0.525 ETH. In the past 24 hours, this NFT project recorded a trading volume of 34.09 ETH and total sales of 56, representing a 40% increase.

In conclusion, OpenSea is one of the largest Web3 marketplaces operating in the NFТ space. Some of the trending projects on OpenSea include Otherdeed for Otherside, CryptoPunks, Azuki, Bored Ape Yacht Club, and Mutant Ape Yacht Club.