OpenSea <a href="https://twitter.com/opensea/status/1579864021037379585?" target="_blank" rel="nofollow noopener">announced</a> the incorporation of NFTs from the Avalanche blockchain into its online market. Avalanche, principally promoted as a decentralized finance (<a href="https://www.cryptoknowmics.com/news/eu-commission-issues-proposal-for-study-of-automated-defi-supervision" target="_blank" rel="noopener">DeFi</a>) chain, is frequently cited as a competitor to Ethereum due to its quick transaction times and inexpensive gas costs. The objective of the new alliance is to overcome Avalanche's lack of a significant presence in the NFT market.

https://twitter.com/opensea/status/1579864021037379585?
<h2>Ten Native NFT Projects On OpenSea</h2>
The Avalanche team <a href="https://medium.com/avalancheavax/opensea-launches-support-for-avalanche-expanding-access-to-avalanche-nfts-e98e58ee81a" target="_blank" rel="nofollow noopener">stated</a> that about ten of its native NFT projects had been first posted on OpenSea. The post indicated that because of Avalanche's experience in horizontally scaling with Subnets, OpenSea customers would benefit from the shortest time to finality for NFT trades, frequently completing transactions within seconds and reliably low transaction costs.
<h2>Avalanche - Ninth Largest Blockchain</h2>
In terms of 24-hour NFT sales volume, Avalanche is now the ninth largest blockchain with just $75,690 and seventh in terms of all-time sales with $404 million, according to statistics. Although Avalanche has had the most volume increase over the previous 24 hours at 151%, the 24-hour amount remains relatively modest compared to Ethereum, Solana, and ImmutableX, which reported $6.8 million, $1.5 million, and $662,335 worth of purchases within that timespan.

https://twitter.com/avalancheavax/status/1579864665852874753

In addition, the team noted that Avalanches' NFT market activity is expanding rapidly this year, with NFT total sales rising 180% since Q2.
<h2>Benefits Of The Collaboration</h2>
Avalanche NFT projects may receive much-needed exposure because of the collaboration with OpenSea since not a single project from the network has placed among the top 100 NFT projects in terms of sales volume over the last 24 hours, seven days, and 30 days or overall. In addition to Avalanche, OpenSea supports <a href="https://www.cryptoknowmics.com/news/polygon-launches-zkevm-public-testnet-for-smooth-ethereum-transfers/" target="_blank" rel="noopener">Ethereum</a>, <a href="https://www.cryptoknowmics.com/news/klaytn-and-zetachain-to-advance-built-in-omnichain-interoperability" target="_blank" rel="noopener">Klaytn</a>, <a href="https://www.cryptoknowmics.com/news/polygon-partners-with-ngo-oceef-to-boost-ocean-literacy/" target="_blank" rel="noopener">Polygon</a>, and <a href="https://www.cryptoknowmics.com/news/solana-sol-experienced-eighth-network-outage-in-2022/" target="_blank" rel="noopener">Solana</a>.

OpenSea Unveils Integration Of NFTs On Avalanche Chain

OpenSea announced that it incorporated NFTs from the Avalanche blockchain into its online market and about 10 NFT projects are posted on OpenSea.

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OpenSea Unveils Integration Of NFTs On Avalanche Chain

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