Solana-based NFTs Are Finally Live On OpenSea
When 2022 kicked in, OpenSea said it planned to bring NFTs to a broad consumer audience and reduce its barriers to entry. So far, the major NFT marketplace is living up to its promises: this Monday, the platform announced to allow credit card payments for NFTs, and as of today, OpenSea allows selling and listing NFTs minted on the Solana blockchain.
Recently, OpenSea teased a video sarcastically commenting that the Solana NFT launch is “the best kept secret in Web3.” Solana is the second most popular blockchain for minting NFTs after Ethereum and stands out by having a high-performance and low gas fee network.
During the current beta phase, OpenSea aims to test and improve the user experience with Solana. So far, the platform has listed 165 Solana NFT collections but promised to keep adding more and listing creators daily.
Early this year, OpenSea raised $300 million in Series C funding with a $13.3 billion company value.
However, other news in the NFT industry are quite the opposite. According to data by Cryptoslam, Solana NFT sales have dropped by 24% in the last 24 hours. OpenSea has also seen a decline in trading volume in the past months. The marketplace’s users have suffered significant losses due to scams and phishing attacks. This week, at least three lawsuits have been filed for stolen Bored Apes, worth hundreds of thousands of dollars.
Here is the list of best Solana NFT marketplaces that you should know about. To better understand how to mint NFTs on Solana read Metaverse beginners guide.
The following articles might be of interest to you:
- How to buy Solana NFTs: A beginners guide to buying NFTs with SOL
- OpenSea Confirmed Solana Support
- Top 5 NFT Marketplaces on Solana — The Ultimate Guide
- MetaGuide: How to mint NFTs on Solana?
- Solana NFT Collection ‘Okay Bears’ Breaks Record and Ranks First on OpenSea
Disclaimer
In line with the Trust Project guidelines, please note that the information provided on this page is not intended to be and should not be interpreted as legal, tax, investment, financial, or any other form of advice. It is important to only invest what you can afford to lose and to seek independent financial advice if you have any doubts. For further information, we suggest referring to the terms and conditions as well as the help and support pages provided by the issuer or advertiser. MetaversePost is committed to accurate, unbiased reporting, but market conditions are subject to change without notice.
About The Author
Agne is a journalist who covers the latest trends and developments in the metaverse, AI, and Web3 industries for the Metaverse Post. Her passion for storytelling has led her to conduct numerous interviews with experts in these fields, always seeking to uncover exciting and engaging stories. Agne holds a Bachelor’s degree in literature and has an extensive background in writing about a wide range of topics including travel, art, and culture. She has also volunteered as an editor for the animal rights organization, where she helped raise awareness about animal welfare issues. Contact her on [email protected].
More articles
Agne is a journalist who covers the latest trends and developments in the metaverse, AI, and Web3 industries for the Metaverse Post. Her passion for storytelling has led her to conduct numerous interviews with experts in these fields, always seeking to uncover exciting and engaging stories. Agne holds a Bachelor’s degree in literature and has an extensive background in writing about a wide range of topics including travel, art, and culture. She has also volunteered as an editor for the animal rights organization, where she helped raise awareness about animal welfare issues. Contact her on [email protected].
