OpenSea publicly releases OS2 platform as NFTs gain momentum
From Cointelegraph
May 30, 2025 04:31 AM:
OpenSea has launched OS2, a new platform allowing full token trading across 14 blockchains. The update includes support for fungible tokens on Solana, enhancing crosschain functionality and positioning OpenSea as a comprehensive platform beyond NFTs. Users can now mint NFTs on Solana, swap gaming tokens on Ronin, and buy memecoins all in one place.
Despite a market cooldown, OpenSea reports increased user retention and growth. Unique collectors on the platform are up by 40% since January, indicating that true users are staying engaged across multiple chains. This aligns with a broader trend of rising NFT buyers, with May seeing the first uptick in monthly volumes in 2025.
NFTs on the RWA marketplace Courtyard generated $20.7 million in sales, allowing Polygon to surpass Ethereum in weekly NFT sales. OpenSea’s CMO highlights the potential of provable digital ownership, emphasizing the power of NFTs in unlocking new industries. The NFT space remains profitable for businesses that focus on adding real utility for users, such as cross-chain token trading.
Read more at Cointelegraph: OpenSea publicly releases OS2 platform as NFTs gain momentum