Magic Eden, a prominent NFT marketplace, has introduced a multi-chain wallet accommodating Solana, Bitcoin, Polygon, and Ethereum blockchains, marking a significant expansion of its services. This release follows the platform’s beta version launch in November 2023, initially accessible to a select group of testers, with the official release announced via an X post on Friday.
Developed in collaboration with Exodus, the self-custodial wallet empowers users with full control over their crypto assets while delivering enhanced functionality. Designed for ease of use, it facilitates instant cross-chain swaps, NFT portfolio management, and direct NFT trading within the wallet interface.
In an official announcement, Magic Eden emphasized the necessity of a unified wallet solution to streamline NFT management across major chains amidst its growing presence in the NFT and Ordnance sectors.
To incentivize early adoption, Magic Eden has introduced limited-time in-wallet NFT mints for projects like Claynosaurz, Degenerate Ape Academy, and BoDoggos throughout February, in addition to airdrops and exclusive perks.
Initially catering to the Solana NFT community, Magic Eden expanded its support to include Polygon NFTs in November 2022, followed by Bitcoin and Ethereum integration in March 2023. Despite facing competition from Tensor as the top Solana NFT marketplace in terms of daily trading volume last year, Magic Eden retains its position as the second-largest marketplace for Bitcoin Ordinals NFTs after OKX, according to data from The Block’s dashboard. Moreover, the platform extends support to BRC-20 tokens, an experimental standard for fungible tokens on the Bitcoin blockchain, further enhancing its versatility and appeal within the crypto ecosystem.
