Solana NFT marketplace Magic Eden expands to Ethereum

Solana’s (SOL) starring NFT marketplace Magic Eden has announced that it volition present enactment Ethereum (ETH) NFTs connected its platform, according to a property merchandise shared with CryptoSlate.

The level stated that it plans to supply multichain solutions for NFT collectors and creators and has launched respective tools to marque that possible.

These see Magic Eden List for whitelist and targeting audience, Magic Eden Launchpad with ETH/SOL compatibility, and Magic Eden Drop Calendar. In addition, the level intends to motorboat much cross-chain trading analytics tools soon.

According to the property release, the archetypal cross-chain NFT collection  EZU volition beryllium launched successful the coming weeks.

EZU is simply a sister task of Psychedelics Anonymous connected Ethereum and volition debut connected the Solana-based NFT marketplace. Users volition beryllium capable to mint successful some SOL and ETH.

Zhuoxun Yin, the platform’s co-founder, said:

“Creators launching with Magic Eden volition nary longer person to look the hard determination of choosing 1 concatenation implicit different astatine the outgo of limiting their imaginable assemblage reach.”

Yin added that the Magic Eden List is simply a “white statement marketplace solution” that addresses creators’ needs and is wholly free.

Jack Lu, Magic Eden CEO, said:

“Launching collector tools similar the cross-chain Magic Eden Drop Calendar volition beryllium the archetypal measurement toward realizing that vision. The roll-out of cross-currency acquisition enactment for SOL and ETH NFTs volition physique connected our efforts.”

Magic Eden is the dominant Solana NFT marketplace, accounting for implicit 90% of the secondary NFT trades connected the blockchain network. The marketplace has recorded astir $2 cardinal successful transaction volume.

However, Ethereum remains the largest NFT network. According to CryptoSlam, Ethereum NFTs had a sales volume of $535 cardinal successful July, portion that of Solana NFTs was $56 million.

The station Solana NFT marketplace Magic Eden expands to Ethereum appeared archetypal connected CryptoSlate.