OpenSea set to integrate Solana in April, further expanding the NFT ecosystem
Magic Eden is currently holding a monopoly in the Solana NFT space, but expect OpenSea to attempt to encourage their consumer base onto their platform following this launch. NFT marketplace OpenSea has announced an upcoming integration of the Solana (SOL) blockchain within its platform, a long-awaited move that industry experts and numerical data suggest could have reciprocal benefits across both ecosystems, as well as positive sentiments for the wider NFT space.Scheduled to commence on a yet-to-be-disclosed date in April, Solana will join the list of three networks, Ethereum, layer-2....
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The largest non-fungible token (NFT) marketplace Opensea has plans to add Solana support in April. The news follows an abundance of rumors that said the company would be adding Solana in the near future.
Opensea Confirms Solana Support After a Myriad of Rumors and Speculation
Opensea has confirmed it will be adding Solana (SOL) support in April, according to a teaser video the company tweeted out on March 29. Opensea is the largest NFT marketplace in terms of all-time sales with $23.5 billion sold to date. The $23.5 billion was between 1,417,562 traders and the average NFT sale....
OpenSea shared a 16-second video on Twitter to announce the integration, with many popular Solana collections announcing their intention to list on the marketplace. Solana (SOL) NFT holders will soon have a new option for where to trade, with OpenSea teasing its integration of the Solana blockchain.A 16-second video shared by the OpenSea Twitter account opened with the phrase “wen solana???” being typed into a search box and revealed that Solana will be supported by the marketplace in April.The best kept secret in web3 pic.twitter.com/xuZn64cZ4U— OpenSea (@opensea) March 29, 2022 Rumors of....
SOL price gave up a chunk of its recent gains, but data shows there are strong reasons for investors to remain bullish. Solana (SOL) price reached $143.50 on April 2 after an incredible 82% rally over a 20 day period. This positive performance can be attributed to recent NFT markets-related news and a marketwide bounce, but the current 22.7% decline could have investors confused. Solana/USDT at FTX. Source: TradingViewThe rally started after Coinbase Wallet added support for SOL and other Solana-based blockchain tokens on March 18. The crypto exchange also outlined plans to "further....
After expanding beyond Ethereum to Solana, Maple Finance expects its Solana app to control $300 million worth of liquidity by the end of 2022. Crypto capital markets platform Maple Finance has expanded support to the Solana blockchain and has deployed a $45 million fund to spur ecosystem growth.Maple provides undercollateralized loans for institutional borrowers on Ethereum (ETH) and now Solana (SOL) from several pool delegates. The project stated in an Apr. 25 blog post that it has already “originated over $1.2 billion in loans and currently count over $900 million in TVL to the....
Okay Bears, a Solana-powered NFT topped OpenSea’s 24-hour sales charts on Thursday, whilst a South African fine-wine NFT auction takes off netting raising more than $180,000. Okay Bears, a Solana-powered NFT, managed to top OpenSea’s 24-hour sales tracker for the first time earlier today, beating out all other Ethereum (ETH) projects on offer. It’s the first time a Solana (SOL) NFT project has reached the top spot in popular NFT marketplace OpenSea’s 24-hour sales tracker. [email protected] No.1 on the OpenSea 24h rankings A @solana project has topped OpenSea’s market-wide 24h sales....