OpenSea working on Solana and Phantom wallet integration

    29 Jan 2022
    596 Views

    OpenSea, the leading NFT marketplace, is reportedly preparing to feature NFTs on the Solana (SOL) blockchain soon. With NFTs hosting over $17.5 billion cumulatively, the addition of Solana-based NFTs to Opensea might explode it furthermore.

    Screenshots shared by Jane Manchun Wong, a prolific hacker who has leaked several yet-to-launch features of tech platforms, indicate this, adding that OpenSea will also integrate support for Solana and Phantom wallets.

    A second picture posted by Wong also showed that OpenSea’s ‘Chains Filter’ – which lets users select which blockchain they want to trade on – offers Solana as an option alongside Ethereum, Polygon, and Klaytn.

    In response to the tweet, OpenSea replied with a ‘glancing eyes’ emoji, indicating that Wong’s discovery has credence and could be in the works.

    OpenSea currently remains one of the leading NFT marketplaces by volume, transactions, and a number of users – meaning the addition of Solana to OpenSea could lead to a resurgence of interest in the array of Solana-native NFTs available to collectors such as Degenerate Ape Academy and Solana Monkey Business.

    Meanwhile, it has recently lost its first place and fallen behind recently launched LooksRare, which fueled much of the January momentum and flipped OpenSea dominance.

    Currently, leading Solana NFTs are available on marketplaces such as Solanart, Solsea, Magic Eden, and Metaplex – all of which remain Solana-native at this time.

    The ecosystem is also well-favored by crypto exchange FTX, which launched a cross-chain NFT marketplace in 2021 to support the growing number of projects available on Solana.

    In addition, the blockchain received the seal of approval from legendary boxer Mike Tyson, who recently said he was “all in” on Solana.

    As reported in December, the first NFT collection from Adidas Originals’ “Into the Metaverse” project on OpeanSea has generated 11,391 Ether, worth over $43 million. This collection has earned the second spot by trading volume on OpeanSea after RTFKT’s Clone X and Takashi Murakami collection.

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