SOL
by BSCN
December 26, 2022
The Solana community was stunned by the announcement that the blockchain's top NFT projects DeGods and y00ts are taking their talents to Ethereum, Polygon.
A stunning Christmas Day annoncement sent shockwaves through the Solana NFT community, as the developers of the blockchain’s top two NFT projects announced they are taking their ecosystem to Ethereum and Polygon.
“It’s just the beginning,” founder frankdegods said in a tweet containing the video announcement.
According to the announcement, in the first quarter of 2023, DeGods is moving to Ethereum, y00ts is moving to Polygon, and the related cryptocurrency $DUST is moving to Ethereum and Polygon.
According to OpenSea, the two collections are head-and-shoulders above other Non-Fungible Token (NFT) collections on Solana. In the past 30 days, y00ts has the most volume (848,000 SOL) on the chain, with DeGods in second (673,000 SOL), although y00ts has a lower floor price (215 SOL) than DeGods (790 SOL).
Trailing those two projects are Claynosaurz (566,000 SOL volume, 44 SOL floor) and ABC (173,000 SOL volume, 180 SOL foor).
The announced move was met with plenty of support online but also major doses complaints and naysaying from Solana diehards.
On his part, frankdegods expressed his support for and gratitude to the Solana community for launching the projects and framed the move as the right decision, at the right time, for DeGods and y00ts. Essentially, he said Ethereum and Polygon offer the greatest potential for growth for the two projects.
Latest News
February 4, 2025
SEC Scales Back Crypto Enforcement Unit Amid Regulatory Overhaul
February 4, 2025
What are DAOs and How Do They Work?
February 4, 2025
FLOKI DAO Votes in Favor of Major Investment into BADAI Token
February 4, 2025
Trump Signs Order for Sovereign Wealth Fund: What It Means for Crypto
February 4, 2025
Project Review: Pepe Unchained and its PEPU Token
February 4, 2025
What is Ethereum (ETH) and How Does it Work?
February 4, 2025
US SEC Would Require Approval for Launching Investigations Under New Leadership: Report
February 4, 2025
Trump-Linked World Liberty Financial Moves $350M+ in Crypto