Leading NFT Marketplace Opensea to Add Solana Support in April – Bitcoin News


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 on Opensea this week is around $930.59 per NFT.

Opensea already supports three blockchain networks which include Ethereum, Klaytn, and Polygon. Solana (SOL) will be the fourth blockchain addition to the NFT marketplace’s current protocol lineup.

Solana (SOL) is the seventh-largest cryptocurrency (at the time of writing), in terms of market capitalization and the third-largest smart contract platform coin in terms of market valuation. SOL’s value jumped 33.1% during the last week against the U.S. dollar and year-to-date, SOL is up 537%.

Opensea’s Solana support was expected by a number of people and rumors started circulating about Phantom wallet support (a Solana-based wallet) when Solana advocate @bhaleyart tweeted about it in mid-November 2021. More recently, Bitcoin.com News reported on leaked images discovered by the tech blogger Jane Manchun Wong that had shown Solana support via Opensea.

Bitcoin.com News was also notified via Twitter on March 25, when an individual was prompted by the Opensea platform while using his Phantom wallet. The user recorded a video of the event, which shows Opensea’s platform asking his Phantom wallet for permissions access to his Solana account. At the time, our newsdesk tried to replicate the experience, but we were unable to replicate it with a Phantom wallet after seeing the video.

Tags in this story
4 blockchains, Ethereum, Jane Manchun Wong, klaytn, nft, NFT marketplace, NFT support, NFTs, Non-fungible Token, Opensea Solana, Polygon, SOL, Solana advocate, Solana Opensea, Solana support, Solana-Based NFTs

What do you think about Opensea adding Solana support in April? Let us know what you think about this subject in the comments section below.

Jamie Redman

Jamie Redman is the News Lead at Bitcoin.com News and a financial tech journalist living in Florida. Redman has been an active member of the cryptocurrency community since 2011. He has a passion for Bitcoin, open-source code, and decentralized applications. Since September 2015, Redman has written more than 5,000 articles for Bitcoin.com News about the disruptive protocols emerging today.

Image Credits: Shutterstock, Pixabay, Wiki Commons

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