OpenSea, the NFT marketplace giant, has recently started the process of integrating Solana (SOL). They officially announced the launch of the beta version for SOL in their Twitter feed on 7th April.
Solana is one of the popular blockchain networks among NFT traders. Solana already has a big number of high-value projects existing in its network. Therefore, the integration between Solana and OpenSea might result in to see the already existing NFT projects on the Solana network having a huge spike in their floor price. OpenSea is the largest, most popular NFT marketplace in the world. To give you a perspective of how popular they are, they have had a total of 302.7 million visitors to their website from January 2022 to March 2022. So far, ETH had the biggest monopoly in the NFT marketplace as they have been with OpenSea all along. But now the Solana is integrated with OpenSea, it's going to be interesting to see how that plays out for ETH. It's not guaranteed that ETH will see any decline or ETH projects will see any reduction in their growth because Solana entered into OpenSea. But it's almost quite guaranteed that Solana will see huge growth in their overall business including their cryptocurrency price and the NFT projects.
Image Source
SOL is the cryptocurrency of Solana. The current price of SOL stands at the area of $100-140. Remember that many people are still not aware of Solana's integration with OpenSea. And the integration is still at the beta level with OpenSea. Therefore, the full potential of this integration is yet to be reached and reflected on the currency graph. So one might speculate that SOL's price might see a big rise in the recent future. SOL reached its' record-breaking price of $259.90 only 5 months ago. Now if we take Solana's integration with OpenSea into account, it tells us that the potential is immense! And all I am saying this is something worth researching about. Trust me, I have already started doing mine.
Please never invest into anything without doing your own research. My article here shouldn't be considered as an investment advise
Good luck!