OpenSea-NFT-Marketplace

OpenSea, the number one NFT marketplace by volume, has expanded its service offering to include projects built on the Ethereum layer-2 scaling solution Optimism. OpenSea NFT marketplace now provides support for a total of six networks.

In a September 27 blog post, OpenSea confirmed its service expansion to include digital products established on Optimism. The partnership comes a few days after OpenSea announced support for another Ethereum scaler, Arbitrum, last week.

OpenSea Adds Support For Optimism

Optimism network joins five existing blockchains listed on OpenSea NFT marketplace, including Ethereum, Solana, Polygon, Klytan, and most recently, the Ethereum Layer-2 scaling solution Arbitrum.

In the past few hours, OpenSea has already listed more than 100 Optimism-native collections on its marketplace. OpenSea also has onboarded other popular Optimism-backed projects, including Apetimism, Bored Town, MotorHeadz, and OptiChads.

OpenSea Eyes Reclaiming Its Upside Trend

Before the new partnership, many Optimism-backed NFT trading volumes were taking place on Optimism NFT Marketplace, Quix. According to Dune Analytics, on Monday, Quix recorded a total sales volume of roughly $26,000 from Optimism products.

Although the daily trading volume on Quix is incomparable with the OpenSea NFT marketplace, which garnered more than $9.9 million in trading volume on the same day, the new addition might boost sales volume in OpenSea.

Lately, the top-selling Optimism products have been Early Optimists, Apetimism, OptiChads, OptiPunks, and Optimism Quest. In the past 24 hours, Early Optimist recorded a trading sales volume of $1,450 and has more than $700,000 in its lifetime trading sales.

It’s worth noting that OpenSea plunged more than 93% in its monthly trading volume last month after recording $310 million in sales from its record high of $4.8 billion in December 2021.

In that context, the OpenSea NFT marketplace anticipates its recent partnerships with different industry protocols will push it back to an upside trajectory.

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