NFT Marketplace Magic Eden Expands Blockchain Support with BeraChain and ApeChain

Magic Eden, a popular NFT platform, has integrated two new blockchains — BeraChain and ApeChain — into its ecosystem. These additions not only increase the number of supported networks to nine but also pave the way for the next phase: support for Monad, a new Layer-1 blockchain currently in the testing phase.

The announcement states that this development will provide users with new opportunities to interact with digital assets and draws attention to promising trends in the market. The collaboration promises to be fruitful, especially considering that the launch of ApeChain's mainnet was more than successful, with over 300,000 transactions conducted and 1,200 contracts deployed right from the start. The native token of the project responded accordingly, showing an 80% increase over the past week.

BeraChain, known for its unique consensus model and three tokens (BEX, BGT, HONEY), joined Magic Eden following a successful $100 million funding round.

It seems that Magic Eden is not planning to stop here. Project creators hinted at future integrations, including support for Monad, the Layer-1 blockchain, which is expected during its testnet launch. This could attract even more users and potentially create opportunities for them to pay lower fees — certainly a welcome prospect.

With each step, the project becomes more appealing to collectors and investors. What do you think lies ahead for the platform?