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Two Top Solana NFT Projects Announce Departure to ETH and Polygon

Published 12/27/2022, 12:30 AM
Updated 12/27/2022, 01:00 AM
© Reuters Two Top Solana NFT Projects Announce Departure to ETH and Polygon
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  • Y00topia, with 15,000 NFT collections, is bridging to the Polygon blockchain.
  • DeGods, with 10,000 gods NFT, would be migrating to the Ethereum ecosystem.
  • Before the FTX fiasco, Solana had a $13.5B market cap and traded above $37.5.

Since the news of FTX’s impending collapse broke, the Solana (SOL) blockchain has been in trouble. Its predicament is worsening as its supposed last-standing hopes in NFT bow out.

In the last 24 hours, two of the leading projects in the Solana ecosystem announced their departures to new chains effective early next year. Y00topia, a project comprising 15,000 NFT collections, posted on its official Twitter page that it would be bridging to the Polygon blockchain in the first quarter of 2023.

The post Two Top Solana NFT Projects Announce Departure to ETH and Polygon appeared first on Coin Edition.

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