Magic Eden, Leading NFT Marketplace In Solana, Is Extending Into Ethereum.

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Magic Eden, a unicorn cryptocurrency recently valued at $1.6 billion, is starting its multi-chain growth alongside Ethereum.

The business recently acknowledge that Ethereum was the first blockchain to be include in its multi-chain strategy.

The majority of the most well-known NFT ventures, including CryptoPunks and Ape Yacht Club, are on Ethereum; which is by far the largest NFT market by trade volume.

Magic Eden does not intend to rival other native Ethereum platforms. “The network would operate as a ‘pure aggregator’ showing Ethereum NFT listings from other marketplaces and “no proprietary listings,” according to a business spokeswoman.

Reuters.

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