OpenSea Is Now Planning To Have Solana Support And Integrate Phantom Wallet

OpenSea, the biggest NFTs marketplace, is now integrating with the Solana network.

Jane Manchun Wong, a tech blogger and security researcher, found a hidden wallet connect feature that will allow this marketplace’s users to connect with Phantom wallet, she revealed it on January 26.

Although this NFTs marketplace has not officially announced its new feature, its official Twitter account left a comment under Wong’s post tagging the blogger and Phantom wallet’s official account.

Users of this marketplace mostly use the Ethereum network to buy and trade NFTs. However, Ethereum’s expensive gas fees and slow transaction speeds drive users away. Due to the explosion of the blockchain industry, there are many other networks that offer better performance and lower fees than Ethereum, and Solana is one of them.

Solana is a network that has lately gained popularity among crypto and NFT traders because of its low costs and quick transaction processing. On the other hand, this network was struck by two major network disruptions in January 2022. These instances demonstrate the network’s shortcomings, and it must develop more in the future to gain the trust of users and the general public.

The trading volume of Opensea is recorded $3.8 billion in January, therefore, it still is a leading NFTs marketplace in NFT space.

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