OpenSea publicly releases OS2 platform as NFTs gain momentum
OpenSea has launched its new platform, OS2, after completing its beta phase, enabling full token trading across 14 blockchains, including fungible tokens on Solana. The platform enhances crosschain functionality, allowing users to mint NFTs, swap gaming tokens, and buy newly created memecoins from a single wallet. OpenSea reports a 40% increase in weekly unique collectors since January, indicating that dedicated users remain despite a market cooldown. Unique NFT buyers rose to 936,000 in May, marking a 50% increase from April. The NFT marketplace Courtyard achieved $20.7 million in sales for tokenized physical trading cards, surpassing Ethereum in weekly NFT sales. OpenSea emphasizes that profitability in the NFT space relies on adding real utility for users and is investing in cross-chain token trading.
