Solana’s Anatoly Yakovenko shares thoughts on the ecosystem’s biggest NFT projects heading to Ethereum and Polygon
Solana (SOL) co-creator Anatoly Yakovenko has chimed in on the expansion of some of the blockchain’s biggest projects to other chains.
In November, Solana’s largest non-fungible token (NFT) marketplace, Magic Eden, announced that it is expanding to its third chain, Polygon (MATIC).
Magic Eden also operates on Ethereum (ETH). Later that month, Solana added crypto wallet Phantom to support Ethereum and Polygon.
And this Sunday at almost the same time, Solana-based NFT projects y00ts and DeGods III announced on Twitter that they are building bridges to Ethereum and Polygon next year.
Says Yakovenko of the migrations,
“Solana unicorns like Magic Eden, Phantom, [and] DeGods become multi-chained. It’s bittersweet to watch. It would be awesome for them to focus 100% on Solana. But [the] the reality is that these projects want to conquer the world. But so does the Solana community!
The goal is to ship everyone in the world to self-storage, and the road to get there is hard. These unicorns found product market fit in a crazy competitive market. They were built at Solana because Solana is where the best products can be built.
There will be users of other chains who try Solana for the first time because of ME, Phantom and DeGods and they will be blown away by the experience and they will tell all their friends.
What Solana needs are twenty more unicorns so ambitious that Solana cannot contain them.”
SOL has been ravaged by the ongoing crypto bear market and is down more than 71% in the last six months. The 18th ranked crypto asset by market capitalization is trading at $10.91 at the time of writing.
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Featured image: Shutterstock/Alberto Andrei Rosu/Tun_Thanakorn
