OpenSea NFT Marketplace Adds Support for Optimism – OP Token Price Forecast

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Jaroslaw Adamowski

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Jaroslaw Adamowski

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June 26, 2023

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Leading non-fungible token (NFT) marketplace OpenSea has launched support for the Optimism blockchain, enabling the integration of popular collections such as Apetimism, Bored Town, MotorHeadz, and OptiChads within the platform.

“You can now buy and sell your favorite Optimism NFTs on @opensea. The best part: knowing OpenSea activity on Optimism funds a sustainable future for Ethereum,” the blockchain tweeted. “Having the largest NFT marketplace on Optimism is going to be absolutely massive for Optimism’s creators, collectors, and NFT” fans.

Optimism was built as a scalable L2 blockchain by Ethereum developers. The blockchain’s creators claim “Optimism takes everything you love about Ethereum and turbocharges it. Ethereum tooling ‘just works’ on every level of the stack. Transactions are cheap and nearly instant.”

Owing to the latest development, OpenSea is adding support to the sixth blockchain, with Ethereum, Solana, Polygon, Klaytn, and Arbitrum already accommodated by the platform. 

As of 08:00 a.m. UTC, some 100 Optimism-based NFT collections were available for purchase at OpenSea. The largest trading volume was reported by Early Optimists, at ETH 534, Optimistic Explorer, with ETH 175, and OP Orcas, at ETH 76, respectively, according to data released by the marketplace.

“We encourage the @optimismFND community to search for their favorite newly listed Optimism collections and reach out to founders to get @openrarity integration and collection offers enabled!” OpenSea said in a tweet.

Prior to the expansion, a lion’s share of Optimism NFT trade had taken place within Quix, a marketplace dedicated to the blockchain. 

As of 08:20 a.m. UTC, the blockchain’s native Optimism (OP) token traded at roughly $0.88, down 9.13% over a 24-hour period, per CoinMarketCap.com data. This said, an analysis by industry site CoinCodex.com suggests that “the value of Optimism is predicted to rise by 7.00% and reach $0.937831 by October 3, 2022.”