Is Solana at the brink of a downfall? This final nail in SOL’s coffin could spell harm Despite the FUD that surrounded Solana [SOL] over the past year, the interest in its NFTs remained strong. However, this interest in Solana NFTs might start to decline as major NFT collections, DeGodsNFT and y00tsNFTs plan to migrate to other blockchains. Parting ways but how? DeGods made an announcement on 26 December that the NFT collection will bridge to Ethereum in Q1 of 2023. However, the y00ts NFT collection, which is part of the same cohort, would be moving to Polygon. The reason for the move to these different blockchains has not been officially disclosed. However, it could be speculated that the move to different cryptocurrencies would help diversify the projects. Furthermore, it would help protect these projects from single points of failure in terms of floor price. As these projects were the biggest NFT collections on the Solana network, it could cause problems for Solana’s NFT growth. From the data gathered by Dune Analytics, it was observed after peaking at the end of November, the number of Solana NFT transactions had decreased. After the DeGods and y00ts NFT collections migrate, the number of transactions may end up decreasing even further. Full Article: <a rel="noreferrer nofollow noopener" href="https://ambcrypto.com/is-solana-at-the-brink-of-a-downfall-this-final-nail-in-sols-coffin-could-spell-harm/" target="_blank">https://ambcrypto.com/is-solana-at-the-brink-of-a-downfall-this-final-nail-in-sols-coffin-could-spell-harm/</a>