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SOLANA December 2022

Top NFT collections on Solana migrate to Ethereum and Polygon

Solana, a high-speed blockchain, has become a popular choice for creators of NFTs due to its fast processing and low transaction fees. Recently, however, two of the leading NFT collections on Solana, DeGods and Y00ts, have announced that they will migrate to Ethereum and Polygon.

DeGods is a collection of 10,000 NFTs of unique mythological deities, while Y00ts is a collection of animal-themed NFTs. Both collections have been very successful on the Solana blockchain, but their creators have decided to migrate to other networks due to the limitations of the platform.

The migration to Ethereum and Polygon allows NFT collectors to access these collections on different networks and increase their liquidity. In addition, Ethereum is one of the most widely used blockchains for NFTs, which means that these collections can reach an even wider audience on this platform.

However, some critics of the migration suggest that this could be a sign that Solana is not robust enough to support large NFT collections in the long term. Others argue that the migration is simply a business strategy to expand the audience for these collections.

In any case, the migration of DeGods and Y00ts to Ethereum and Polygon is a reminder that the world of NFTs remains dynamic and changing. NFT collectors should be on the lookout for new opportunities and changes in the industry to ensure they maximize the value of their NFT investments.

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