OpenSea NFT Marketplace Starts Supporting ETH L2 Optimism September 28, 2022 September 28, 2022 Kelly Cromley http://1AZFjzw2#Nwf63pYaMWq#xIY
Ethereum NewsSeptember 28, 2022 by Kelly Cromley

OpenSea NFT Marketplace Starts Supporting ETH L2 Optimism

OpenSea, the largest NFT exchange by volume, has extended its service offering to include Ethereum layer-2 scaling solution Optimism-based applications. The OpenSea NFT marketplace currently supports six networks in total.

In a blog article published on September 27, OpenSea announced the extension of its services to include digital items created on Optimism. The cooperation comes after OpenSea days ago pledged support for yet another Ethereum scaler, Arbitrum.

Optimism network is now featured alongside Ethereum, Solana, Polygon, Klytan, and most recently Ethereum Layer-2 scaling solution Arbitrum on the OpenSea NFT marketplace.

OpenSea has already posted over 100 Optimism-native collections on its marketplace within the previous few hours. Apetimism, Bored Town, MotorHeadz, and OptiChads are among the other well-known Optimism-backed projects that OpenSea has integrated.

Prior to the new agreement, significant quantities of Optimism-backed NFT trade took place on Optimism NFT Marketplace, Quix. According to Dune Analytics, Quix sold around $26,000 worth of Optimism-related items on Monday.

Despite the fact that the daily trading volume on Quix is incomparable to the OpenSea NFT marketplace, which recorded more than $9.9 million in trading volume on the same day, the new addition may increase OpenSea’s sales volume.

Recent bestsellers in the Optimism category include Early Optimists, Apetimism, OptiChads, OptiPunks, and Optimism Quest. Over the previous 24 hours, Early Optimist has had a trading volume of $1,450, and its lifetime trading volume exceeds $700,000.

Notable is that OpenSea’s monthly trading volume dropped by more than 93% last month after achieving $310 million in sales from its record high of $4.8 billion in December 2021.
In this environment, the OpenSea NFT market expects its recent agreements with several industry protocols to return it to an upward trend.

AuthorKelly Cromley

Kelly is our in house crytpto researcher, delving into the stories which matter from blockchains being used in the real world to new ico coming out.