According to leaked photos from the world’s largest non-fungible token (NFT) marketplace, Opensea, the platform may soon include Solana-based NFTs. The photographs were uncovered by tech blogger Jane Manchun Wong, who is well-known for disclosing information regarding yet-to-be-released capabilities on several technology platforms.
Opensea Plans to Add Solana Blockchain Support, According to a Tech Blogger With a History of Discovering Yet-to-Be-Launched Features
Market leader in non-ferrous metals Opensea is a well-known platform that runs on both the Ethereum and Polygon blockchains. Since the company’s start, Opensea has generated over $22.73 billion in NFT sales, with 1,358,052 traders utilizing the platform. According to a leaked photograph from tech blogger and renowned hacker Jane Manchun Wong, Opensea may be introducing Solana-based NFTs in the near future.
“Opensea is working on integrating Solana and adding support for the Phantom wallet,” the tech blogger tweeted. “Opensea’s Chains Filter includes Solana,” Wong noted.
Wong’s discovery is not the first time that speculation about Opensea expanding into Solana has appeared. In mid-November 2021, the animator and Solana advocate @bhaleyart tweeted a similar illustration of Opensea’s blockchain filter. Wong is well-known for posting leaked photographs and uncovering yet-to-be-released tech platform capabilities. Forbes named the tech blogger and hacker to its 30 Under 30 list for 2022.
Solana is the third largest blockchain in terms of NFT sales, having transacted $1.26 billion to 244,107 customers in 1,324,284 transactions. FTX started an NFT marketplace in mid-October, first supporting Solana-based NFTs. The exchange later added support for Ethereum-based NFTs.
With 414,260 traders and $706 million in total sales volume, the Solana NFT marketplace Magic Eden is the most popular NFT market that uses the SOL chain today. Due to the fact that Polygon’s fees are significantly lower than Ethereum’s layer one (L1) fees, Opensea’s trade volume on the Polygon network has surged significantly since the chain’s implementation. The fees associated with the Solana network are low in comparison to the typical fee associated with using Ethereum’s L1.
Disclaimer: These are the writer’s opinions and should not be considered investment advice. Readers should do their own research.
