The NFT marketplace OpenSea has launched its new platform, OS2, following the end of its beta phase. The company said the updated platform now supports full token trading across 14 blockchains, including fungible tokens on Solana.
OS2 also adds new tools to improve how different blockchains work together. These changes mark a new direction for OpenSea, expanding its focus beyond just NFTs.
OpenSea Chief Marketing Officer Adam Hollander said that the platform has always believed everything onchain should be easy to find and trade in one place. Furthermore, he added:
OS2 lets a collector mint an NFT on Solana, swap a gaming token on Ronin, and buy a memecoin that was just created, all from a single wallet flow.
“NFTs aren’t dead,” says OpenSea as users return
Despite the market slowing down, OpenSea is seeing good signs that users are staying engaged and the platform is growing. Hollander said that although volumes have dropped since their peak in 2021-2022, the number of unique weekly collectors on OpenSea has grown by 40% since January.
OpenSea’s data matches a broader trend among NFT buyers. In May, the number of unique NFT buyers grew to 936,000, up 50% from 622,000 in April. Additionally, the month marked the first rise in NFT sales volume in 2025 after five months of decline.
Hollander said there’s still “real power” in proving digital ownership. “Once you can prove you own something on-chain, entire industries open up,” he added. Further, Hollander pointed out the growing momentum of real-world assets (RWAs).
From Apr. 15 to 22, NFTs on Courtyard, a marketplace that turns physical trading cards into NFTs, hit $20.7 million in sales. This allowed Polygon to beat Ethereum in weekly NFT sales. Despite not being at its peak, Hollander said the NFT space can still be profitable for teams with the right strategy.
