{"id":569600,"date":"2022-04-06T19:05:56","date_gmt":"2022-04-06T18:05:56","guid":{"rendered":"https:\/\/en.ethereumworldnews.com\/?p=569600"},"modified":"2022-04-07T12:25:12","modified_gmt":"2022-04-07T11:25:12","slug":"nft-marketplace-giant-opensea-goes-live-with-solana-nfts","status":"publish","type":"post","link":"https:\/\/en.ethereumworldnews.com\/nft-marketplace-giant-opensea-goes-live-with-solana-nfts\/","title":{"rendered":"NFT Marketplace Giant Opensea Goes Live with Solana NFTs"},"content":{"rendered":"\n<ul><li>OpenSea has finally onboarded Solana-powered NFTs to its marketplace<\/li><\/ul>\n\n\n\n<ul><li>Users can trade their favorite digital collectible using SOL denominated bids and auctions<\/li><\/ul>\n\n\n\n<ul><li>Solana joins other Layer 1 blockchains Ethereum, Klatyn, and Polygon<\/li><\/ul>\n\n\n\n<p>Non fungible tokens (NFTs) leveraging the Solana blockchain network have gone live on the leading digital marketplace OpenSea. The news follows a <a href=\"https:\/\/en.ethereumworldnews.com\/opensea-solana-nft-support-april-2022\/\">prior announcement<\/a> from the platform\u2019s official Twitter handle earlier on Tuesday (March 29, 2022).&nbsp;<\/p>\n\n\n\n<p>Also, adding support for SOL NFTs marks another expansion milestone after OpenSea raised a massive $300 million from investors in January. At the time, the crypto unicorn stated that the fresh cash inject was earmarked for further marketplace development, expanding its services, and building a metaverse project.&nbsp;<\/p>\n\n\n\n<p>Furthermore, the fundraise bumped OpenSea\u2019s market valuation to a whopping $13.3 billion, further re-enforcing the platform\u2019s dominance as the leading digital collectibles marketplace in the NFT space.<\/p>\n\n\n\n<p>While no official announcement has been made, users can now select \u2018Solana\u2019 as a chain on the platform. So far, OpenSea has onboarded 865,868 NFTs from popular SOL collections like Piggy Sol Gang, SolGods, and Degen Ape Academy to name a few.<\/p>\n\n\n\n<p><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img width=\"1024\" height=\"459\" src=\"https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2022\/04\/Solana-NFTs-on-OpenSea-1-1024x459-1.png\" alt=\"\" class=\"wp-image-569634\" srcset=\"https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2022\/04\/Solana-NFTs-on-OpenSea-1-1024x459-1.png 1024w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2022\/04\/Solana-NFTs-on-OpenSea-1-1024x459-1-300x134.png 300w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2022\/04\/Solana-NFTs-on-OpenSea-1-1024x459-1-770x345.png 770w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2022\/04\/Solana-NFTs-on-OpenSea-1-1024x459-1-269x121.png 269w, https:\/\/en.ethereumworldnews.com\/wp-content\/uploads\/2022\/04\/Solana-NFTs-on-OpenSea-1-1024x459-1-746x334.png 746w\" sizes=\"(max-width: 1024px) 100vw, 1024px\" title=\"\"><\/figure>\n\n\n\n<h2>Solana Marketplaces: Compete or Crumble?<\/h2>\n\n\n\n<p>Although Solana\u2019s addition to OpenSea means that collectors and traders now have a more comprehensive one-stop shop for all things NFTs, speculation remains regarding the fate of existing SOL-powered marketplaces like Magic Eden and Digital Eyes.&nbsp;<\/p>\n\n\n\n<p>Magic Eden in particular has been touted as the <a href=\"https:\/\/en.ethereumworldnews.com\/is-magic-eden-the-opensea-of-solana-with-a-leading-gaming-nft-marketshare-of-92-4\/\">OpenSea of Solana<\/a>. In addition, the platform is regarded as the leading platform for SOL NFTs in terms of trading volume and functionality. Also, Magic Eden recently closed a $27 million Series A funding round.&nbsp;<\/p>\n\n\n\n<p>CEO of the startup, Jack Lu, said the firm plans to deploy the capital towards blockchain gaming projects. Shortly after, Magic Eden launched a content platform for game developers dubbed Eden Games.<\/p>\n\n\n\n<p>Data from <a href=\"https:\/\/dappradar.com\/nft\/marketplaces\" rel=\"nofollow noopener\">DappRadar<\/a> shows that Magic Eden tops all other SOL-based marketplaces with over $700 million in transactions.\u00a0<\/p>\n","protected":false},"excerpt":{"rendered":"<p>OpenSea has finally onboarded Solana-powered NFTs to its marketplace Users can trade their favorite digital collectible using SOL denominated bids and auctions Solana joins other Layer 1 blockchains Ethereum, Klatyn, and Polygon Non fungible tokens (NFTs) leveraging the Solana blockchain network have gone live on the leading digital marketplace OpenSea. The news follows a prior announcement from the platform\u2019s official Twitter handle earlier on Tuesday (March 29, 2022).&nbsp; Also, adding support for SOL NFTs marks another expansion milestone after OpenSea [&hellip;]<\/p>\n","protected":false},"author":55,"featured_media":569601,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":[],"categories":[108339,108340],"tags":[],"_links":{"self":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/569600"}],"collection":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/users\/55"}],"replies":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/comments?post=569600"}],"version-history":[{"count":1,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/569600\/revisions"}],"predecessor-version":[{"id":569649,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/posts\/569600\/revisions\/569649"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media\/569601"}],"wp:attachment":[{"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/media?parent=569600"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/categories?post=569600"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/en.ethereumworldnews.com\/wp-json\/wp\/v2\/tags?post=569600"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}