OpenSea CEO Devin Finzer unveiled plans to launch SEA token in Q1 2026, aiming to reignite NFT market growth. The post Opensea CEO Announces SEA Token Launch to Revive NFT Sector in Q1 2026 appeared first on Coinspeaker.OpenSea CEO Devin Finzer unveiled plans to launch SEA token in Q1 2026, aiming to reignite NFT market growth. The post Opensea CEO Announces SEA Token Launch to Revive NFT Sector in Q1 2026 appeared first on Coinspeaker.

Opensea CEO Announces SEA Token Launch to Revive NFT Sector in Q1 2026

2 min read

On Friday, October 17, CEO Devin Finzer announced via X that Opensea will launch a native token, SEA, in Q1 2026, transitioning from an NFT marketplace to a full-suite on-chain trading platform.

In an X space attended by 11,100 users, Finzer outlined OpenSea’s plans for a unified on-chain economy, enabling seamless trading of tokens, art, culture, and digital goods across multiple chains without compromising asset custody.

According to Finzer, 50% of the total SEA token supply is allocated to the community. Early users and participants in OpenSea’s reward programs will receive significant claim allocations.

Further details confirm that 50% of OpenSea’s launch revenue will be used to purchase SEA tokens. Additionally, $SEA holders will be able to stake their tokens behind favorite NFT collections and assets, embedding governance and utility into OpenSea’s core interface.

He added that OpenSea’s mobile app is already in the works, offering full access to on-chain trading, while perpetual trading (perps) and cross-chain abstraction features are under development ahead of the Q1 2026 launch.

SEA Token Launch Aims to Revitalize NFT Sector Amid $5.2 Billion Market Decline

OpenSea’s SEA token announcement arrives as the global NFT market faces a severe contraction in the last 4 years. According to CoinGecko data, total NFT market capitalization dropped to $5.2 billion as of October 18, a stark contrast to the $25 billion peak NFTs sales in 2021, as reported by Reuters.

CryptoPunks remains the dominant collection, commanding 33.6% market share, while Bored Ape Yacht Club (BAYC) and Pudgy Penguins make up the top three, with 6.02% and 5.02%, respectively.

At press time, OpenSea’s trading volume has reached $2.6 billion this month, reflecting active user engagement while NFT valuations have plunged.

 

next

The post Opensea CEO Announces SEA Token Launch to Revive NFT Sector in Q1 2026 appeared first on Coinspeaker.

Market Opportunity
TokenFi Logo
TokenFi Price(TOKEN)
$0.003666
$0.003666$0.003666
-1.15%
USD
TokenFi (TOKEN) Live Price Chart
Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.

You May Also Like

Ethereum unveils roadmap focusing on scaling, interoperability, and security at Japan Dev Conference

Ethereum unveils roadmap focusing on scaling, interoperability, and security at Japan Dev Conference

The post Ethereum unveils roadmap focusing on scaling, interoperability, and security at Japan Dev Conference appeared on BitcoinEthereumNews.com. Key Takeaways Ethereum’s new roadmap was presented by Vitalik Buterin at the Japan Dev Conference. Short-term priorities include Layer 1 scaling and raising gas limits to enhance transaction throughput. Vitalik Buterin presented Ethereum’s development roadmap at the Japan Dev Conference today, outlining the blockchain platform’s priorities across multiple timeframes. The short-term goals focus on scaling solutions and increasing Layer 1 gas limits to improve transaction capacity. Mid-term objectives target enhanced cross-Layer 2 interoperability and faster network responsiveness to create a more seamless user experience across different scaling solutions. The long-term vision emphasizes building a secure, simple, quantum-resistant, and formally verified minimalist Ethereum network. This approach aims to future-proof the platform against emerging technological threats while maintaining its core functionality. The roadmap presentation comes as Ethereum continues to compete with other blockchain platforms for market share in the smart contract and decentralized application space. Source: https://cryptobriefing.com/ethereum-roadmap-scaling-interoperability-security-japan/
Share
BitcoinEthereumNews2025/09/18 00:25
Cloud mining is gaining popularity around the world. LgMining’s efficient cloud mining platform helps you easily deploy digital assets and lead a new wave of crypto wealth.

Cloud mining is gaining popularity around the world. LgMining’s efficient cloud mining platform helps you easily deploy digital assets and lead a new wave of crypto wealth.

The post Cloud mining is gaining popularity around the world. LgMining’s efficient cloud mining platform helps you easily deploy digital assets and lead a new wave of crypto wealth. appeared on BitcoinEthereumNews.com. SPONSORED POST* As the cryptocurrency market continues its recovery, Ethereum has once again become the center of attention for investors. Recently, the well-known crypto mining platform LgMining predicted that Ethereum may surpass its previous all-time high and surge past $5,000. In light of this rare market opportunity, choosing a high-efficiency, secure, and low-cost mining platform has become the top priority for many investors. With its cutting-edge hardware, intelligent technology, and low-cost renewable energy advantages, LgMining Cloud Mining is rapidly emerging as a leader in the cloud mining industry. Ethereum: The Driving Force of the Crypto Market Ethereum is not only the second-largest cryptocurrency by market capitalization but also the backbone of the blockchain smart contract ecosystem. From DeFi (Decentralized Finance) to NFTs (Non-Fungible Tokens) and the broader Web3.0 infrastructure, most innovations are built on Ethereum. This widespread utility gives Ethereum tremendous growth potential. With the upcoming scalability upgrades, the Ethereum network is expected to offer improved performance and transaction speed—likely triggering a fresh wave of market enthusiasm. According to the LgMining research team, Ethereum’s share among institutional and retail investors continues to grow. Combined with shifting monetary policies and global economic uncertainties, Ethereum is expected to break past its previous high of over $4,000 and aim for $5,000 or more in the coming months. LgMining Cloud Mining: Unlocking a Low-Barrier Path to Wealth Traditional crypto mining often requires expensive mining rigs, stable electricity, and complex maintenance—making it inaccessible for the average person. LgMining Cloud Mining breaks down these barriers, allowing anyone to easily participate in mining Ethereum and Bitcoin without owning hardware. LgMining builds its robust and efficient mining infrastructure around three core advantages: 1. High-End Equipment LgMining uses top-tier mining hardware with exceptional computing power and reliability. The platform’s ASIC and GPU miners are carefully selected and tested to…
Share
BitcoinEthereumNews2025/09/18 03:04
The Giants Are Stumbling: Why BlockDAG’s 20-Exchange Launch is the Market’s New Safe Haven

The Giants Are Stumbling: Why BlockDAG’s 20-Exchange Launch is the Market’s New Safe Haven

The cryptocurrency market seems to have caught headwinds entering February. Portfolios across the globe are flashing red as the flash crash of February 2nd wreaks
Share
Captainaltcoin2026/02/04 02:30