{"id":9706,"date":"2022-03-30T12:27:57","date_gmt":"2022-03-30T12:27:57","guid":{"rendered":"https:\/\/nftandcrypto-news.com\/nft\/solana-nfts-to-get-a-boost-with-upcoming-opensea-support\/"},"modified":"2022-03-30T12:27:59","modified_gmt":"2022-03-30T12:27:59","slug":"solana-nfts-to-get-a-boost-with-upcoming-opensea-support","status":"publish","type":"post","link":"https:\/\/nftandcrypto-news.com\/nft\/solana-nfts-to-get-a-boost-with-upcoming-opensea-support\/","title":{"rendered":"Solana NFTs to Get a Boost with Upcoming OpenSea Support"},"content":{"rendered":"
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Source: a video screenshot, OpenSea \/ Twitter<\/figcaption><\/figure>\n

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Non-fungible tokens (NFTs) based on Solana (SOL), a public blockchain and a rival to Ethereum (ETH), are slated to get a boost as the major NFT marketplace OpenSea<\/strong> prepares to add support for these digital assets.<\/p>\n

In a Tuesday tweet<\/a>, OpenSea all but confirmed its intentions to add support for Solana NFTs, a move that would provide the platform’s 1.49 million users exposure to NFTs based on the Solana chain.<\/p>\n

In its “the best kept secret in web3” video, OpenSea seemingly answered the popular \u201cwen solana?\u201d question, teasing that a launch could come by as soon as April. Notably, the firm did not speak of a specific launch date.<\/p>\n

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Should OpenSea proceed with this plan, Solana would become the third Layer 1 and fourth blockchain network OpenSea will support after Ethereum, Polygon (MATIC), and Klaytn.<\/p>\n

Meanwhile, NFT insiders have been expecting this news. In fact, earlier this year, tech blogger Jane Manchun Wong revealed that OpenSea\u2019s chains filter showed Solana as an option.<\/p>\n

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According to DappRadar, based on the number of users, Magic Eden<\/i> (40,500) is currently the dominant NFT marketplace on Solana, followed by Orca<\/i> (26,080), and Raydium <\/i>(11,220). However, the move by OpenSea could have an impact on the number of users of these marketplaces.\u00a0<\/p>\n

Based on volume, the first three places are occupied by Raydium <\/i>(USD 308m), Solend <\/i>(USD 51.7m), and Magic Eden<\/i> (USD 41.8m).<\/p>\n

As reported, OpenSea CEO and co-founder Devin Finzer said in late 2021 that expansion to other blockchains was a priority for the NFT marketplace.<\/p>\n

____<\/p>\n

\u00a0<\/strong>
– Solana Outpaces Ethereum
– Solana’s Network Congestion Prompts Liquidations, Drives Away Users<\/p>\n

– OpenSea’s Trading Volume Remains in a Downtrend Amid Recent Attacks
– Decentralization Debate Heats Up Again as MetaMask, OpenSea Block Users<\/p>\n

– Another Expensive NFT Gets Mistakenly Sold at Large Discount – How Does That Happen?
– NFT Market Cools Down As Ukraine War Pushes Investors Toward Safe-Haven Assets<\/p>\n<\/p><\/div>\n