Rohun Vora, co-founder of the DeGods collection of non-fungible tokens (NFTs), made the announcement on the social network X (formerly Twitter). He posted a screenshot of a bridge transaction, hinting at the NFT's connection to the Solana blockchain.
Community members suggested that Vora announced the return of the NFT collection to the Solana network. However, they recalled that this is not the first time the team has decided to change the blockchain:
Let us remember that at the end of December 2022, the DeGods team announced plans to switch to the Ethereum blockchain. According to experts, this decision was dictated by the rapid decline of the SOL token after the bankruptcy of FTX.
It subsequently emerged that the creators of the NFT collection had proposed a deal to the Solana Foundation. According to the terms of the agreement, DeGods will refuse to migrate to Ethereum if it receives funding in the amount of $5 million. This information was confirmed by representatives of the fund.
In February 2024, the Solana ecosystem began to recover from a prolonged recession. The SOL token rate soared above $100, and in March crossed the $200 mark. In addition, the total volume of NFT sales on the Solana network exceeded $5 billion.
