OpenSea expands beyond NFTs with OS2 public rollout

 

OpenSea Sees Surge in Users with OS2 Rollout and Token Expansion

OpenSea has officially launched OS2, a revamped platform marking the end of its beta phase and a shift beyond NFTs. The updated marketplace now supports full token trading across 14 blockchains, including fungible tokens on Solana, and introduces enhanced tools for cross-chain transactions.

According to OpenSea CMO Adam Hollander, the platform has always envisioned a unified experience for onchain assets. “OS2 lets a collector mint an NFT on Solana, swap a gaming token on Ronin, and buy a memecoin—all from a single wallet flow,” he told Cointelegraph. “Users were already juggling half a dozen DApps and bridges; we streamlined that experience.”

Despite a broader cooldown in the NFT market, OpenSea is seeing signs of recovery. Hollander noted that weekly unique collectors on the platform have jumped 40% since January. Industry data supports this trend: unique NFT buyers climbed to 936,000 in May—up 50% from April—marking the first rise in monthly NFT volume in 2025 after five months of decline.

Hollander emphasized the growing value of onchain ownership. “Once you can prove you own something onchain, whole industries open up,” he said, highlighting the recent growth in real-world asset (RWA) tokenization. Between April 15–22, Courtyard, an RWA NFT platform for physical trading cards, recorded $20.7 million in sales—pushing Polygon ahead of Ethereum in weekly NFT sales.

While trading volumes remain below their 2021–2022 peaks, Hollander remains optimistic. “Profitability flows to businesses that keep adding real utility and options for users,” he said. “That’s why we remain the home for NFTs and are now expanding into cross‑chain token trading.”