Leading Digital Marketplace OpenSea Officially Adds Support for Solana (SOL)-Based NFTs

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The world’s largest non-fungible token (NFT) marketplace is making waves by adding support for Solana (SOL)-based digital art.

In a new tweet, OpenSea officially announces support for NFTs built on smart contract platform Solana with the launch of the beta today.

“During beta, we’re excited to collect feedback and improve the Solana experience. We’re currently supporting 165 collections and adding more every day.”

The moment you’ve been waiting for… @Solana is officially on OpenSea – starting today, with our initial beta!https://t.co/VjhqeGHZxc

— OpenSea (@opensea) April 6, 2022

As to what the beta launch will officially include, OpenSea says,

“Our initial beta launch will have limited collection coverage. 

Full launch will include a scalable way to expand coverage via the Metaplex collection standard, so if you want to prepare, you can adopt the standard now.”

The Metaplex collection standard allows crypto marketplaces and content creators to verify that an NFT belongs to a specific collection using on-chain data.

According to an OpenSea blog post, the beta launch will allow users to buy, sell and transfer SOL-based NFTs on the OpenSea platform.

“Over the past year, Solana has emerged as one of the fastest-growing NFT ecosystems in the world and is among the most requested chains by the OpenSea community… 

You can now buy, sell and transfer Solana NFTs using OpenSea.”

OpenSea’s limited Solana NFT collection can be explored here.

The official Solana Twitter account chimed in on the announcement, pointing out how many NFTs are already owned by Solana wallets.

Over 1.6 million Solana wallets currently own an NFT 🧑‍🎨

— Solana (@solana) April 7, 2022

Solana‘s price appears unaffected by the news at time of writing, down 3.3% over the last 24 hours and trading for $113.85.

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Featured Image: Shutterstock/Catalyst Labs

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