Solana’s Two Biggest NFT Projects Moving to Ethereum (ETH) and Polygon (MATIC) As SOL Approaches Yearly Low

Ethereum (ETH) rival blockchain Solana (SOL) is taking another bear market hit as its two biggest non-fungible token (NFT) projects announce a migration to other chains. On Christmas day at nearly the same time, Solana-based NFT projects y00ts and DeGods III announced on Twitter that they are bridging to Ethereum and Polygon (MATIC) next year. Both projects are created by Los Angeles-based NFT creator DeLabs. First, y00ts announced they are bridging to Ethereum scaling solution Polygon. “y00ts will officially bridge to Polygon in Q1 2023.” Source: y00ts/Twitter One minute later, DeGods III, the self-described number-one community on Solana, made a