OpenSea Adds Solana Token Trading with Beta Access, Memecoins, 355.9M Weekly Tx and Cross-Chain Minting in OS2 Update

OpenSea, a leading NFT marketplace, has introduced support for Solana fungible token trading as part of its OS2 platform update. This move follows the integration of 17 other blockchains and grants beta users early access to Solana token trading, including memecoins such as $WIF and $FARTCOIN. Solana currently processes 355.9 million weekly transactions, surpassing the combined volume of all other chains. Daily trading volume for Solana memecoins reaches $2 billion, significantly outpacing the $30 million weekly volume for Solana NFTs. OpenSea's OS2 update also includes cross-chain minting capabilities, allowing users to mint NFTs on different blockchains using native currencies from supported chains. The marketplace's expansion into Solana token trading aligns with broader industry trends, as NFT platforms shift focus towards the memecoin market following Magic Eden's acquisition of Slingshot.