Are Solana NFTS available to trade on OpenSea?

Solana NFTs have been added to OpenSea, the largest overall NFT marketplace. The launch comes amid recent Solana network issues, particularly today. Following last week’s official teaser that support was coming, NFTs minted on the Solana blockchain network are now available to trade on OpenSea, the largest NFT marketplace by volume.

What happened to NFT Transactions on OpenSea?

The daily volume of NFT transactions on OpenSea peaked at $2.7 billion on May 1, 2022, but then dropped by 99% within four months to just $9.34 million on August 28, with daily users down a third to 24,020.

Which NFT platform is most competitive against OpenSea?

Newer NFT platforms such as Rarible, LooksRare, Magic Eden, Binance NFT, and Nifty Gateway are becoming competitive against OpenSea. But as of late 2022, OpenSea remained the leading NFT marketplace with a market volume of more than $20 billion, and it is expected to retain a considerable share of the market in the future.

Is Magic Eden a 'Solana-native' NFT marketplace?

Magic Eden is currently the largest NFT marketplace on Solana and generates volume in the hundreds of millions each month. Magic Eden confirmed to Decrypt this week that it will embrace its “Solana-native” status and let customers spend tokens from projects like Aurory and DeGods to purchase NFTs.