OpenSea, the world's largest non-fungible token (NFT) marketplace, announced that it will list Solana (CRYPTO: SOL) based NFTs on the site this April. Currently only NFTs on the Ethereum (CRYPTO: ETH) blockchain are available on OpenSea.
Solana has made a name for itself in the last year. Despite a recent pullback of more than 40% from an all time high in November 2021, this "Ethereum Killer" rebounded out of a four month slump thanks to some impressive news.
To date, this will be the most significant utility Solana has supported in the NFT marketplace. Solana will be put to the test against Ethereum, one of its main competitors. If users begin to take note of Solana's low fees and lightning fast speeds, it may position the cryptocurrency to return to all time highs.
Source Fool.com