OpenSea adds Solana NFT trading to OS2

OpenSea has added Solana NFT trading to OS2, giving users access to collections such as Mad Lads and Claynosaurz through its multichain marketplace.

OpenSea brings Solana NFT trading to OS2

OpenSea said in an Aug. 31 announcement that collectors can now browse, purchase, sell, and place bids on supported Solana NFTs through OS2. The launch includes Mad Lads, Claynosaurz, Collector Crypt, and Phygitals, among other collections built on the network.

Within the same interface, collectors can manage Solana NFTs without changing wallets or visiting a separate marketplace, according to the company. Creators using Solana can also list their work for OpenSea users who may already trade assets issued on other blockchains.

Solana token trading was already available through OS2 before the latest release. Adding NFT functions fills a gap in the platform’s support for the network, as users can now trade both fungible and non-fungible Solana assets through one account.

Released publicly in May 2025 after a testing period, OS2 initially offered token trading across 19 chains. The rebuilt platform also introduced cross-chain features, marketplace aggregation and support for tokens alongside the NFT products associated with OpenSea’s original business.

By Aug. 27, OpenSea said its market data covered more than 25 networks. Four days before the Solana NFT announcement, the company connected its market data to Perplexity Computer, allowing the AI service to answer questions about tokens, collectibles and onchain trading activity.

OpenSea co-founder and CEO Devin Finzer described the data used by AI agents as “open, live, and verifiable” when announcing the Perplexity integration. The service can identify heavily traded assets and collections by drawing from current OpenSea activity rather than relying only on token price feeds.

Solana support adds competition for NFT marketplaces

For Solana collectors, OpenSea’s release adds another place to trade collections that have largely depended on marketplaces with an established presence on the network. Magic Eden began as a Solana-focused platform before adding support for other ecosystems, while Tensor has built products around professional Solana NFT traders.

OpenSea’s entry creates more overlap among the marketplaces, though the company did not provide trading-volume targets, user projections or market-share estimates for its Solana product. Its announcement focused on access to collections and the ability to use existing wallets across supported networks.

The release also restores a service that OpenSea had tested several years earlier. In April 2022, the marketplace introduced Solana NFT support in beta, making Solana its first supported non-Ethereum Virtual Machine network. The new OS2 implementation brings Solana collections back into the platform more than four years after that initial test.

Competition now extends beyond individual NFT listings because the largest marketplaces have added networks, wallets, and token products to retain users. OpenSea has followed that model through OS2, combining its NFT marketplace with fungible-token trading and products that can pull liquidity from several chains.

Its July 2025 acquisition of Rally Wallet added a mobile-first wallet business focused on NFTs and tokens. OpenSea planned to place Rally’s technology within its product range, while Rally co-founder Chris Maddern joined the company as chief technology officer.

OS2 had launched two months before the Rally transaction with real-time liquidity aggregation and cross-chain functions. The wallet purchase gave OpenSea another route to develop mobile trading without separating token activity from NFT portfolio management.

OpenSea continues adding products beyond NFTs

While restoring Solana NFT trading, OpenSea has continued developing services outside its original collectibles market. In June, product executive Zack Brenner asked users about early access to perpetual futures and later indicated that Hyperliquid could supply the infrastructure.

The planned perpetual futures product would place OpenSea closer to crypto platforms that combine spot tokens, derivatives, and rewards. However, the company had not announced a release date or provided final product terms at the time of the report.

Product releases have moved ahead while OpenSea’s SEA token remains delayed. The company introduced SEA in February 2025 and initially expected to release it around March 30, 2026, with proposed uses including governance, reduced trading fees and staking linked to NFT collections.

In March, Finzer postponed the SEA launch and cited difficult market conditions. OpenSea did not provide a replacement date, while users who joined parts of its Waves rewards campaign received an option to recover certain platform fees by giving up associated Treasure Chest rewards.

The token was intended to support OpenSea’s plan for an application covering NFTs, fungible assets and other forms of crypto trading. Solana NFT support advances the product side of that plan without changing the unresolved schedule for SEA.

US regulatory questions remain relevant to OpenSea

For US users, access to Solana NFTs comes after the Securities and Exchange Commission ended an investigation into OpenSea without filing charges. The agency had issued a Wells notice in August 2024, indicating that its staff could recommend enforcement action based on the view that some NFTs traded through the marketplace might qualify as securities.

OpenSea said in February 2025 that the SEC had closed the investigation. Finzer called the decision a victory for NFT creators and argued that treating NFTs as securities would misinterpret existing law.

No enforcement case followed the Wells notice, but the closure did not create a general exemption for every NFT or marketplace operating in the United States. The legal status of an individual digital collectible can still depend on how it is issued, marketed, and sold under US securities law.

In April 2025, crypto.news previously reported that OpenSea had asked the SEC to clarify that NFT marketplaces should not be treated as securities exchanges or brokers. The company’s legal team argued that platforms such as OpenSea do not execute transactions, hold customer assets, or act as intermediaries in the same way as traditional securities firms.