Solana NFTs Are Officially Listed on OpenSea

OpenSea is the top marketplace for NFTs, yet until today, it only allowed the trade of Ethereum-based NFTs.

OpenSea is the top marketplace for NFTs, yet it’s mostly known as a platform to trade Ethereum-based non-fungible tokens. However, after requests from active investors and creators, OpenSea will now list NFTs of the second most popular blockchain, Solana.

Solana is an energy-efficient blockchain with low gas fees and fast transaction speeds. Currently, the launch is in its beta stage with limited collection coverage โ€“ 165 collections in total, but more are added every day.

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To buy and sell Solana NFTs on OpenSea, users need a compatible wallet such as Phantom or Glow, where they can hold SOL.

Last week, the marketplaceย teasedย a video, saying that the launch of Solana NFTs on OpenSea is โ€œThe best kept secret in web3.โ€ On Monday, OpenSea announced a new feature that allows users to pay for NFTs with credit cards.

OpenSea is currentlyย valuedย at $13.3 billion. In the past month, the trading volume reached $2.45 billion with 1.85 million transactions, according toย DappRadar.

To view the Solana NFT collections on Opensea, clickย here.

This article is for information purposes only and should not be considered trading or investment advice. Nothing herein shall be construed as financial, legal, or tax advice. Trading forex, cryptocurrencies, and CFDs pose a considerable risk of loss.

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