31 Mar 2022 Anthony Lehrman
Opera Releases Multichain Support For Several Cryptos
Opera, claiming to be the world's first Web3-native browser, added multichain support for Bitcoin, Solana, and Polygon, among other blockchains through its Crypto Browser project initiative.
Adding compatibility for Polygon and Solana opens the doors to decentralized finance systems and Layer-2 scaling solutions. Furthermore, Opera's multichain will also be compatible with StarkEx, Ronin, Celo, Nervos, and IXO.
Opera claims to have granted access to Web3 applications to over 380 million users, who access the browser from both mobile and desktop builds. Also, Opera now comes with its own built-in non-custodial crypto wallet.
Jorgen Arnesen, EVP Mobile at Opera commented that ever since Opera delved into the Web3 space in 2018, the browser struck many partnerships “with the most popular and cutting edge blockchains and web3 domain name providers in order to accelerate crypto’s evolution from proof of concept towards mass adoption."
"Ultimately, Web3 is on its way to becoming a mainstream web technology and users won’t need to know they’re interacting with it. They need to get a superior user experience and a true benefit," Arnesen added.
Solana is among the top performers
The crypto adoption seems to have affected some projects positively, and one of the prime examples is Solana (SOL), which was also listed on the biggest NFT marketplace to date, OpenSea.
It turns out that OpenSea would add Solana-based NFTs on their platform from April, confirming months-old speculation.
However, bringing Solana-based NFTs on OpenSea, however, may introduce some trouble for the largest Solana NFT marketplace, hosting almost 90% of all Solana NFT trades in the past seven days. Still, OpenSea is the biggest marketplace for NFT sales with nearly $24 billion worth of total sale volume.
Is the “Ethereum killer” gathering the strength to do so?
Despite Ethereum still being the first choice when it comes to NFT sales, some of the most popular NFT collections on Solana are gaining strength - the Degenerate Ape Academy, Solana Monkey Business, Aurory, and Boryoku Dragonz, for example. All of those major collections are expected to be also listed on OpenSea.
However, Ethereum may be too much of a bite for Solana as according to data from CryptoSlam, Ethereum boasts a near $1.8 billion in NFTs sales volume in the previous 30 days, while Solana comes at second, with a trading volume of $170 million.
Nevertheless, Solana’s blockchain provides a higher transaction rate and scalability, as well as a growing ecosystem. Furthermore, the lowered gas fees and cheap NFT minting create a strong foundation for Solana, which is also translating into its price.
Solana price update
Solana started the past seven days calmly, but started its bullish momentum on March 28, expanding 30% in just several days. The massive weekly push managed to bring Solana’s price to a current level of $127.73. The massive push bridged the gap between Solana and the sixth-largest crypto to date, Ripple.
Bitcoin Ethereum bitcoin news cryptocurrency news crypto news Crypto Price Decentralized Finance Polygon Solana
