DeGods’ Ethereum move pays off as Solana flips Polygon

• Since DeGods introduced an artwork downgrade and upcoming assortment, its buying and selling exercise surged 5 folds.
• Solana gross sales topped Polygon as DeGods additionally flipped BAYC.

Following the announcement of DeGods Season III and the migration of its sister undertaking y00ts to Ethereum [ETH], the buying and selling quantity of DeGods surged above $16 million. The hike in quantity represents a 500% improve from the well worth the earlier week, DappRadar revealed.

Supply: DappRadar

How a lot are 1,10,100 ETHs price at the moment?

Final week, the DeLabs crew introduced that y00ts could be shifting from Polygon [MATIC] to affix DeGods on the Ethereum blockchain. Though the information was not with out controversy, DeLabs adopted up with one other announcement of a brand new female avatar model (DeGods Season III).

A brand new assortment, a brand new chief

Based on the crew, (DeGods Season III) would characteristic 20,000 new generative artwork items, and would launch on the Ethereum blockchain, whereas additionally asserting a “downgrade centered on simplicity.”

2. The brand new DeGods are flat by design. That is on function.

The Downgrade is concentrated on simplicity.

We lowered the entire particulars to the naked minimal.

We fully eliminated the shadows and used spotlight tones solely on a choose few traits. pic.twitter.com/0sqePw5jdu

— DeGods (@DeGodsNFT) August 13, 2023

So, the hike in buying and selling quantity means that the transfer to Ethereum could possibly be termed profitable. Nonetheless, the crew additionally disclosed that it had determined to postpone the launch of the feminine model because of the neighborhood suggestions it acquired. The crew defined that,

“After receiving plenty of worthwhile suggestions we now have determined to postpone Feminine DeGods. Trying ahead to re-approaching that undertaking by getting extra suggestions from the ladies in our neighborhood. We’ll begin reaching out shortly.”

Consequently, DeGods’ improve in quantity ensured that the gathering surpassed the gross sales of Bored Ape Yacht Membership [BAYC]. On the time of writing, DeGods’ gross sales had been $2.92 million within the final 24 hours. And these transactions occurred between 171 patrons and 229 sellers. BAYC, in second place, recorded gross sales price $931,784 with fewer merchants. 

Supply: CryptoSlam

Solana drives Polygon down

In different developments, Solana [SOL] NFTs have flipped Polygon on the blockchain standing with probably the most quantity. Whereas the competitors for dominance within the NFT area is intensifying, the upturn signifies the growing consideration the NFT ecosystem has gained in current instances.

Is your portfolio inexperienced? Verify the Polygon Revenue Calculator

Beforehand, AMBCrypto in contrast how the Solana and Polygon blockchain have fared all by means of the yr. Based on the evaluation, Polygon has had extra energetic addresses than Solana within the final 30 days. And this could possibly be attributed to the rising NFT participation throughout the community.

Nonetheless, within the final 24 hours, Solana’s sales volume elevated to $1.44 million. Additionally, wash buying and selling on the blockchain rose by 249.59%. As anticipated, Ethereum maintained the lead over the opposite two with a quantity of $8.41 million.