Blow After Blow Against Solana: Deribit and 2 NFT Projects Parting Ways

Three bad news for the Solana (SOL) ecosystem. While the two most important NFT projects of the network stated that they will move to another network, the cryptocurrency exchange Deribit has decided to stop its services.

Bad news for Solana, which has lost huge value and investor interest following the FTX bankruptcy, is unabated.

First, after the decision to leave the network’s two most important NFT projects Deribit Another blow came from the front. In the statement made on the social media accounts of both NFT projects, Leaving the Solana network Information about the transition to other networks was given.

According to the descriptions DeGod to the Ethereum (ETH) network in the first quarter of 2023. to be moved and y00ts to operate on the Polygon (MATIC) network. will begin.

In both collections,Frank DeGodsan NFT creator using the alias ” Rohun Vora It was created on the Solana network in October 2021.

Especially with the transition of the DeGods collection to the Ethereum network, Bored Ape Yacht Club and CryptoPunks It is expected to compete with blue-tick NFT collections such as

Bad news from Deribit: Solana ceases its services for its products

The most voluminous options exchange after this alarming news from the NFT front of the Solana network Deribit if Solana INVERSE will cease its services for its products announced. wither futures transactions and options markets The service of INVERSE, which represents the company, will expire on December 30 and Deribit will not renew the agreement and will terminate the said service completely.

All remaining open positions will be automatically closed by the exchange on December 30. On the other hand, this stop of service decision will only apply to futures and options, and continuous transactions in the spot market will not be affected.


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