After a long wait, Solana support is now available on OpenSea in beta mode. NFTs from Solana have been uploaded to OpenSea( the world’s largest NFT marketplace). The rollout comes in the wake of recent Solana network difficulties.
NFTs created on the Solana blockchain network can now be traded on OpenSea ( the world’s largest NFT exchange by volume).
OpenSea is mostly built on Ethereum and presently controls a substantial 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 is now available in beta, with “limited collection coverage,” according to the marketplace. Although OpenSea claims to serve 165 collections, a scan of the marketplace by chain reveals that Solana has minted over 865,000 total NFTs.
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 capable of processing bigger volumes of transactions at once.
The arrival of Solana on OpenSea had been long anticipated. Users noticed apparent Solana wallet integrations were introduced to the marketplace in January, and the leaks continued until this week’s official tease.
The Solana protocol is intended to make the construction of decentralized apps (DApps) easier. It intends to increase scalability by combining a proof-of-history (PoH) consensus with the blockchain’s underlying proof-of-stake (PoS) consensus.
Today’s Solana price is $115.69 USD with $3,258,725,175 USD in 24-hour trading volume.In the last 24 hours, Solana has lost 9.57 percent of its value. With a live market cap of $37,683,102,702 USD.
Join our Telegram Channel to get the best notification regarding Pricing Prediction, Trading Analysis, News, Blogs, and interviews.