Cryptocurrency

OpenSea Says Solana NFT Support is Coming In April 2022

OpenSea, the largest non-fungible token (NFT) marketplace, has recently told the crypto community to expect its Solana NFT support in April 2022.

The message was passed across today in a viral tweet on OpenSea’s official Twitter handle. In the tweet, the platform captioned “The best kept secret in web3.”

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OpenSea to Become Direct Competitor with Magic Eden

As soon as OpenSea launches support for Solana NFTs on its marketplace in April as stated in the viral tweet, it will become Magic Eden’s direct competitor.

Rumors that OpenSea was preparing to launch support for Solana NFT widely circulated back in late January, after some screenshots appeared online. A popular blogger and hacker, Jane Manchun Wong, captioned screenshots to prove that OpenSea was on the verge to integrate Solana NFT.

Back then, the integration of the new network on OpenSea was most likely found by the reverse engineering of the platform, which allowed Wong to discover the hidden wallet connect feature that will allow users to connect to the platform with the Phantom wallet.

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Although OpenSea tried to distance itself from the rumor, the latest teaser video has proven that the blogger was somewhat right. Though there is no specific date yet, Solana community members can rest assured that the integration would play out in the coming month.

According to data provided by Dune Analytics, in March 2022, OpenSea recorded over 1.6 million ETH in sales volume. This shows that OpenSea is still the world’s dominant NFT marketplace.


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Solomon Odunayo

Solomon is a trader, crypto enthusiast, and analyst with over four years of experience in the industry. He strongly believes that crypto assets and the blockchain will continue to gain prominence. At TimesTabloid.com, he focuses on news, articles with deep analysis of blockchain projects, and technical analysis of crypto trading pairs.

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