NFT News Official TheBitTimes.com

Popular NFT project y00ts has announced that it will migrate from the Polygon (MATIC) blockchain to Ethereum (ETH). The project had only moved to the Polygon ecosystem earlier this year from Solana (SOL). y00ts mentioned that it will also repay the $3 million grant that Polygon gave as part of the change. y00ts will join the DeGods library on Ethereum once the migration is complete. Both projects were created by Rohun Vora, aka Frank, in October 2021. In April, the company had already moved DeGods to Ethereum. Frank stated via a tweet that, “We tried our best to make it work, but we just need to bring our 2 communities tog ETH er.” 1. We tried our best to make it work but we just need to bring our 2 communities tog ETH er. I would appreciate it if everyone remains respectful of all parties involved. It’s all love. https://t.co/6AT4SMUT76 — Frank (@frankdegods) August 9, 2023 The project tweeted that they still love Polygon (...

Solana rallied pretty well over the past week. Owing to its 21% appreciation in the said timeframe, it was a part of the top 10 gainers’ list at press time on Thursday. Towards the end of last year, FUD associated with Solana was at its peak. There were several claims doing the rounds that most of the development activity on Solana was faked via artificial identities. However, Ethereum founder Vitalik Buterin felt that there was a silver lining. Assuming that the “awful and opportunistic money people” exited the ecosystem, Buterin opined that the chain had a “bright future.” He also revealed that he was told that there’s “an earnest smart developer community” in Solana. Right after the reassurance was given, Solana ’s meme token Bonk [BONK] was launched. Both the factors, in conjunction, aided SOL to swiftly climb up on the charts. In fact, a recent Analysis by Messari confirmed the same. From oscillating in the $8.5 to $11 range, SOL was priced around $16...