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    OpenSea expands past NFTs with OS2 public rollout
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    OpenSea expands past NFTs with OS2 public rollout

    By No Comments3 Mins Read


    Non-fungible token (NFT) market OpenSea has launched its new platform, OS2, concluding its beta section.

    The corporate mentioned the up to date platform permits full token buying and selling throughout 14 blockchains, together with help for fungible tokens on Solana. It additionally introduces instruments that goal to boost crosschain performance. These modifications sign a shift for OpenSea, positioning it as a extra complete platform past NFTs. 

    OpenSea chief advertising officer Adam Hollander advised Cointelegraph that the platform all the time believed in a broader concept that the whole lot onchain ought to be liquid and discoverable in a single place. 

    “OS2 lets a collector mint an NFT on Solana, swap a gaming token on Ronin and purchase a memecoin that was simply created, all from a single pockets circulate,” Hollander mentioned. “Customers have been already juggling half a dozen DApps and bridges; we streamlined that have.”

    OpenSea expands past NFTs with OS2 public rollout
    Supply: OpenSea

    OpenSea exec says NFT vacationers left whereas true customers stayed

    Regardless of a broader market cooling, OpenSea sees promising indicators of person retention and development. Hollander advised Cointelegraph that whereas volumes could also be down from its 2021 to 2022 peak, weekly distinctive collectors on OpenSea are up by 40% since January. He added: 

    “That tells us the vacationers left, however the true customers stayed, they usually’re collaborating in additional chains than ever.”

    OpenSea’s knowledge aligns with a broader pattern amongst NFT patrons. Distinctive NFT patrons rose to 936,000 in Might, up 50% from April’s 622,000. The month additionally noticed NFT month-to-month volumes’ first uptick in 2025 after going by way of a five-month decline. 

    Hollander advised Cointelegraph there’s nonetheless “actual energy” in provable digital possession. “As soon as you may show you personal one thing onchain, entire industries open up,” Hollander added, pointing towards real-world belongings (RWAs) gaining steam. 

    From April 15–22, NFTs on the RWA market Courtyard, a platform that makes use of NFTs to tokenize bodily buying and selling playing cards, reached a gross sales quantity of $20.7 million. This allowed Polygon to overhaul Ethereum in weekly NFT gross sales. 

    “New tech is normally tried in a single slim method first after which evolves into much more highly effective functions,” Hollander mentioned. 

    Associated: Exponential foreign money debasement: ‘You don’t personal sufficient crypto, NFTs’

    NFT enterprise profitability is determined by utility

    Regardless of being down from the height, the NFT house can nonetheless be worthwhile for groups with the proper technique, Hollander advised Cointelegraph. 

    “Profitability flows to companies that hold including actual utility and choices for customers, which is why we stay the house for NFTs and are actually investing in avenues like cross‑chain token buying and selling,” Hollander mentioned.