High Solana (SOL) NFT Market Declares Extension to Ethereum (ETH) Layer-2 Answer Polygon (MATIC)

by Cryptospacey

The most important market for non-fungible tokens (NFTs) on the Solana (SOL) blockchain says it’s integrating with blockchain scaling answer Polygon (MATIC).

Magic Eden says it’s including Polygon as its third supported chain after Solana and Ethereum (ETH) in a bid to change into a multi-chain platform and convey extra international manufacturers and customers into the NFT house.

“At present, we’re persevering with our multi-chain imaginative and prescient by including Polygon as our third chain! We will’t wait to associate with world-class sport builders, creators, & on a regular basis manufacturers becoming a member of web3.”

In a assertion, Magic Eden says it anticipates being the go-to vacation spot for NFT creators and collectors because it goals to change into a multi-chain platform.

“In the long term, folks will flock to Magic Eden not due to a selected chain, however just because they love NFTs. Our conviction stays that at some point, before we expect, NFT merchants will probably be chain agnostic.”

Magic Eden says it should additionally proceed to supply web3 video games to the lots with the enlargement on condition that Polygon is supported by among the greatest gaming initiatives within the business, together with Sandbox, Atari, Skyweaver and Midnight Society.

Magic Eden’s partnership with Polygon comes as Solana suffers substantial losses within the wake of the FTX implosion. From buying and selling at a excessive of  $33.39 on November 1st, SOL is now buying and selling for $13.10, marking a drop of greater than 60% this month, and a 94% drop from its all-time excessive. 

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Featured Picture: Shutterstock/ded pixto

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