The Solana network has been integrated into OpenSea, the leading non-fungible token marketplace. Early this morning, Twitter began noticing that many Solana-powered NFT collections had surfaced on the platform earlier today.
The NFT community was not surprised by the much-anticipated integration. OpenSea announced on March 29 that in April, it would begin adding NFT collections minted on Solana. Jane Manchun Wong, a tech writer known for discovering new features before they are publicly released, reported in January that OpenSea was working on integrating with Solana, confirming that the NFT kingpin was getting ready to enhance its multi-chain game.
OpenSea now supports four chains, thanks to the most recent addition (Ethereum, Solana, Polygon, and Klatyn).
According to data from blockchain research platform Dune Analytics, OpenSea is set to eat into the market share of Solana-centric Magic Eden, which currently accounts for 93 percent of sales. The fact that Magic Eden charges cheap fees could be a significant competitive advantage, but it remains to be seen whether it will be able to compete with the NFT industry’s biggest name.
Read more: OpenSea plans to integrate with Solana for increasing NFT ecosystem
