Solana NFTs To Be Listed On Opensea in April

After months of speculation and rumors, the number one NFT marketplace Opensea confirmed today that it would integrate NFTs minted on the Solana blockchain.

OpenSea made the announcement on Twitter, through a teaser video making fun of the tweets that let slip its plans to add Solana. In the video, it cynically calls the reveal “the best kept secret in Web3,” including that support is coming in April. No date was given, but April begins this Friday.

Solana is the 2nd most used NFT blockchain behind Ethereum, with an estimated market cap of $1.5 billion across multiple collections. The Solana NFT ecosystem grew last fall, due to the success of collections like Solana Monkey Business, Degenerate Ape Academy, and Aurory. Solana notably has faster, cheaper, and more energy-efficient transactions than Ethereum’s mainnet.

The rumor of Solana being supported by OpenSea began in January, when popular blogger and hacker, Jane Manchun Wong, found mention of Solana and Phantom wallet on the NFT marketplace’s website.

Then, last week Jane discovered more proof that suggested the Solana launch was coming soon, including a Solana Beta logo, and support for the Solflare wallet. Users recently began to notice the ability to connect their Phantom wallets to OpenSea, even if the SOL NFTs aren't yet available through the platform.

Holders of the Solana Monkey Business, Aurory, Boryoku Dragonz, Catalina Whale Mixer, and Degenerate Ape Academy should all expect day-one trading support, as the video OpenSea tweeted made mention of all these projects.

OpenSea came out of 2021 as the most used NFT marketplace, earning billions in trading volume month over month, with only support for Ethereum NFTs. Now, with the inclusion of Solana (that up until recently was relegated to smaller sites), it can not be understated what a powerhouse this company is to become.

In January, OpenSea was valued at $13.3 billion following a $300 million Series C raise.