Magic Eden, a prominent Solana-based NFT platform, has expanded its blockchain support by integrating BeraChain and ApeChain. This strategic move aims to diversify its ecosystem and attract a broader user base. Additionally, Magic Eden is in the process of incorporating Monad as its tenth supported blockchain. Despite these advancements, the broader market sentiment remains pessimistic due to ongoing regulatory uncertainties and volatile market conditions. The expansion efforts by Magic Eden may face challenges in sustaining user engagement and growth amidst these turbulent times.
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