DeGods will bridge over to Ethereum, while its sister project, Y00ts will move to Polygon with a grant from layer 2’s partnership fund.
After months of speculation that DeGods and Y00ts, two of the top Solana non-fungible token (NFT) projects, would be leaving the SOL ecosystem, the team behind the projects confirmed the migration on Twitter on Sunday. DeGods will be moving to Ethereum, and Y00ts will be moving to Polygon in early Q1, the team said.
The collections are two of the buzziest in the Solana NFT market, with DeGods commanding a 515 SOL (around $5,750) floor price at the time of writing, the largest in the ecosystem. Y00ts, DeGod’s sister PFP collection released this fall, has a 148 SOL (around $1,660) floor.
Sales of DeGods rose following the news, with the collection’s floor price increasing 12% as of Monday. Sales for Y00ts have stayed relatively calm, with the floor growing just 5 SOL (around $55). In the week leading up to the announcement, sales of DeGods and Y00ts accounted for nearly 70% of all Solana NFT sale volume, according to data from Magic Eden.