NFTs created on the Solana blockchain network are now accessible to trade on OpenSea, the largest NFT marketplace by volume, following an official teaser last week that support was on the way.
OpenSea is mostly built on Ethereum and presently controls a significant portion of the NFT trading market. OpenSea now accepts collectibles from the second-largest NFT ecosystem outside of Ethereum and its sidechain/layer-2 scaling solutions, thanks to the addition of Solana.
Solana support has been implemented in beta with “limited collection coverage,” according to the marketplace. Although OpenSea claims to support 165 collections, a check of the marketplace by chain reveals more than 865,000 total NFTs minted on Solana.
Solana Monkey Business, DeGods, Degenerate Ape Academy, Aurory, and Shadowy Super Coder are among the popular Solana NFT collections now available on OpenSea. Solana has much cheaper transaction costs than Ethereum and is a more energy-efficient blockchain network designed to process bigger volumes of transactions at once.
The arrival of Solana on OpenSea has been highly awaited. Users saw potential Solana wallet integrations were introduced to the marketplace in January, and the leaks persisted until this week’s official tease.
Solana NFTs were online on OpenSea earlier today, before of the formal release, but then disappeared for several hours.
The disappearance coincided with Solana network problems, prompting speculation on social media that OpenSea had postponed the release due to network congestion. OpenSea, on the other hand, made no public statement to that effect.
Earlier today, representatives of OpenSea’s community staff reacted to user complaints about problems purchasing Solana NFTs on the marketplace’s Discord server. “The whole company is on this right now,” one person wrote, presumably alluding to getting Solana NFT capability to work as planned.
Join CoinCu Telegram to keep track of news: https://t.me/coincunews
Follow CoinCu Youtube Channel | Follow CoinCu Facebook page
Patrick
CoinCu News
The hype around PropiChain’s token presale is due to its innovative integration of NFTs and…
UK pension fund Cartwright advised the country's first defined benefit pension fund to allocate 3%…
a16z and Coinbase have pledged substantial funds to crypto PAC Fairshake, aiming to support crypto-friendly…
Bitcoin (BTC), Ethereum (ETH), and Solana (SOL) dominate the crypto market, but experts warn that…
Discover the future as the Dogecoin price aims for a $0.7 comeback and discover why…
Willemstad, Curaçao, 4th November 2024, Chainwire
This website uses cookies.