The leading NFT marketplace has confirmed it will enable Solana support soon. That move brings all Solana-based NFTs to the trading platform and demonstrates the chain’s viability for digital artwork. A bullish sign for fans of that ecosystem, as many things are happening lately.
Solana Is Solid For NFTs
When people talk bout non-fungible tokens, the focus automatically shifts to Ethereum. It is the leading blockchain for all development activity, including dApps, blockchain games, and non-fungible tokens. However, other blockchains and ecosystems are equally robust for NFTs, even if they receive less recognition for their efforts.
Solana is one of those networks that can disrupt the NFT industry. It is already the second-highest ranked network for NFT trading volume, per ЦриптоСлам. Moreover, the network represents a monthly volume of over $173.3 million in March 2022, with over 92,000 unique buyers and 103,000 unique sellers. The overall transaction count on the network – for NFTs – rises too and will hit 500,000 TX per month shortly.
Many reasons exist for creators to build NFTs on Solana. The network is cheaper than Ethereum and other competitors and provides a much higher throughput. Additionally, there is strong growth, as the above metrics confirm. Just a week ago, the leading NFT marketplace confirmed it would look into supporting Solana-based non-fungible tokens soon. That integration has been accelerated and will be finalized at some point in April 2022.
Source: https://zycrypto.com/opensea-listing-solana-nfts-confirms-the-networks-potential-across-key-industry-verticals/