{"id":263024,"date":"2022-10-10T17:00:13","date_gmt":"2022-10-10T11:30:13","guid":{"rendered":"https:\/\/ambcrypto.com\/?p=263024"},"modified":"2022-10-10T20:02:09","modified_gmt":"2022-10-10T14:32:09","slug":"can-solanas-latest-move-on-the-nft-front-break-sols-ongoing-slumber","status":"publish","type":"post","link":"https:\/\/ambcrypto.com\/can-solanas-latest-move-on-the-nft-front-break-sols-ongoing-slumber\/","title":{"rendered":"Can Solana&#8217;s latest move on the NFT front break SOL&#8217;s ongoing slumber\u00a0"},"content":{"rendered":"<p><a href=\"http:\/\/ambcrypto.com\/solanas-staking-metric-has-some-good-news-for-sol-holders\/\"><span style=\"font-weight: 400;\">Solana [SOL]<\/span><\/a>, as of 9 October, announced a new experiment that the ecosystem planned on undertaking. B<span style=\"font-weight: 400;\">lue chip SOL<\/span><span style=\"font-weight: 400;\"> NFTs, such as <\/span><a href=\"https:\/\/twitter.com\/DeGodsNFT\"><span style=\"font-weight: 400;\">DeGOD\u2019s <\/span><\/a><span style=\"font-weight: 400;\">\u00a0and <\/span><a href=\"https:\/\/twitter.com\/y00tsNFT\"><span style=\"font-weight: 400;\">y00t\u2019s<\/span><\/a><span style=\"font-weight: 400;\"> would undergo a change where royalties would be eliminated. This may provide a much-needed boost to the Solana NFT marketplace.\u00a0<\/span><\/p>\n<blockquote class=\"twitter-tweet\" data-width=\"500\" data-dnt=\"true\">\n<p lang=\"en\" dir=\"ltr\">As this tweet goes live, the metadata for the DeGods collection royalties are being updated from 9.99% to 0%.<\/p>\n<p>Next, <a href=\"https:\/\/twitter.com\/y00tsNFT?ref_src=twsrc%5Etfw\">@y00tsNFT<\/a> (t00bs).<\/p>\n<p>&mdash; DeGods (@DeGodsNFT) <a href=\"https:\/\/twitter.com\/DeGodsNFT\/status\/1579018798187044864?ref_src=twsrc%5Etfw\">October 9, 2022<\/a><\/p><\/blockquote>\n<p><script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p><span style=\"font-weight: 400;\">__________________________________________________________________________________________<\/span><\/p>\n<p style=\"text-align: center;\"><span style=\"font-weight: 400;\">Here\u2019s AMBCrypto\u2019s <\/span><a href=\"http:\/\/ambcrypto.com\/predictions\/solana-price-prediction\"><span style=\"font-weight: 400;\">Price Prediction for Solana <\/span><\/a><span style=\"font-weight: 400;\">for 2022-2023.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">__________________________________________________________________________________________<\/span><\/p>\n<p><span style=\"font-weight: 400;\">The <\/span><a href=\"https:\/\/twitter.com\/DeGodsNFT\"><span style=\"font-weight: 400;\">DeGodsNFT <\/span><\/a><span style=\"font-weight: 400;\">official twitter account posted an<\/span><a href=\"https:\/\/twitter.com\/DeGodsNFT\/status\/1579018798187044864?ref_src=twsrc%5Etfw%7Ctwcamp%5Etweetembed%7Ctwterm%5E1579018798187044864%7Ctwgr%5Ebe5e7439374b926cdbc0ad500cb70e1bc7d687bb%7Ctwcon%5Es1_c10&amp;ref_url=https%3A%2F%2Ftwitter.trello.services%2Ftweets.html7B22secret223A22YcmfNZbuHy5hQg7kNPjThtZaBiwFRppUNur5bC6kcsOVIKFHgDVRWLqrlxNuwJXt222C22context223A7B22version223A22build-179326222C22member223A2262fb216ad93ba86daa113c25222C22permissions223A7B22board223A22write222C22organization223A22read222C22card223A22write227D2C22organization223A2260fe1fbdb5fb7109a31d039b222C22board223A2261156304430c673037245e98222C22card223A2263437d23f5c8e401e58bf675222C22command223A22attachment-sections222C22plugin223A2255a5d917446f51777421000b227D2C22locale223A22en-GB227D\"><span style=\"font-weight: 400;\"> update <\/span><\/a><span style=\"font-weight: 400;\">\u00a0stating that they would be removing their royalty fees which were at 9.99% initially. This update may incentivize the NFT holders to get involved with more transactions.\u00a0<\/span><\/p>\n<h3>In need of a helping hand<\/h3>\n<p><span style=\"font-weight: 400;\">Given the downtime dilemma and <\/span><a href=\"http:\/\/ambcrypto.com\/solana-holders-need-to-know-this-before-they-decide-to-cut-losses\/\"><span style=\"font-weight: 400;\">other issues<\/span><\/a><span style=\"font-weight: 400;\"> that Solana has faced, the <\/span><a href=\"http:\/\/ambcrypto.com\/solana-why-a-thriving-ecosystem-wont-be-enough-to-scare-sol-bears\/\"><span style=\"font-weight: 400;\">blockchain&#8217;<\/span><\/a><span style=\"font-weight: 400;\">s saving grace was its improving NFT market. However, over the past month, its NFT marketplace too seemed to generate some disappointing results.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">As can be seen from the image below, the volume of NFT\u2019s traded declined since 26 September. However, t<\/span><span style=\"font-weight: 400;\">he new development from DeGods could regenerate interest in SOL NFTs and could help SOL get back on its feet.<\/span><\/p>\n<figure id=\"attachment_263026\" aria-describedby=\"caption-attachment-263026\" style=\"width: 2048px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/10\/Solana-SOL-11.47.00-10-Oct-2022.png\"><img decoding=\"async\" class=\"size-full wp-image-263026\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/10\/Solana-SOL-11.47.00-10-Oct-2022.png\" alt=\"\" width=\"2048\" height=\"693\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/10\/Solana-SOL-11.47.00-10-Oct-2022.png 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/10\/Solana-SOL-11.47.00-10-Oct-2022-300x102.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/10\/Solana-SOL-11.47.00-10-Oct-2022-1024x347.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/10\/Solana-SOL-11.47.00-10-Oct-2022-768x260.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/10\/Solana-SOL-11.47.00-10-Oct-2022-1536x520.png 1536w\" sizes=\"(max-width: 2048px) 100vw, 2048px\" \/><\/a><figcaption id=\"caption-attachment-263026\" class=\"wp-caption-text\">Source: Santiment<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">At the time of press, Solana\u2019s Blue Chip NFT\u2019s weren\u2019t performing well. Over the last 30 days, the Solana NFT declined significantly and depreciated by 4% in the last 24 hours.<\/span><\/p>\n<figure id=\"attachment_263027\" aria-describedby=\"caption-attachment-263027\" style=\"width: 2048px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/10\/Screenshot-2022-10-10-at-12.04.46-PM.png\"><img decoding=\"async\" class=\"size-full wp-image-263027\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/10\/Screenshot-2022-10-10-at-12.04.46-PM.png\" alt=\"\" width=\"2048\" height=\"804\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/10\/Screenshot-2022-10-10-at-12.04.46-PM.png 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/10\/Screenshot-2022-10-10-at-12.04.46-PM-300x118.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/10\/Screenshot-2022-10-10-at-12.04.46-PM-1024x402.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/10\/Screenshot-2022-10-10-at-12.04.46-PM-768x302.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/10\/Screenshot-2022-10-10-at-12.04.46-PM-1536x603.png 1536w\" sizes=\"(max-width: 2048px) 100vw, 2048px\" \/><\/a><figcaption id=\"caption-attachment-263027\" class=\"wp-caption-text\">Source: SolanaFloor<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Although DeGods are a huge part of the overall blue-chip index, they have fared well as compared to the overall Solana NFT index. Additionally, o<\/span><span style=\"font-weight: 400;\">ver the past week, DeGods NFTs observed growth, and a massive spike in transactions and volume was also observed. <\/span><\/p>\n<p><span style=\"font-weight: 400;\">This spike could be attributed to their latest development and could be indicative of what the future could look like for this collection. <\/span><span style=\"font-weight: 400;\">Despite a rise in the number of transactions for the NFT collection, the overall floor price <\/span><a href=\"https:\/\/solanafloor.com\/nft\/degods\"><span style=\"font-weight: 400;\">witnessed a decline<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<figure id=\"attachment_263028\" aria-describedby=\"caption-attachment-263028\" style=\"width: 1244px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/10\/Screenshot-2022-10-10-at-12.16.51-PM.png\"><img decoding=\"async\" class=\"size-full wp-image-263028\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/10\/Screenshot-2022-10-10-at-12.16.51-PM.png\" alt=\"\" width=\"1244\" height=\"964\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/10\/Screenshot-2022-10-10-at-12.16.51-PM.png 1244w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/10\/Screenshot-2022-10-10-at-12.16.51-PM-300x232.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/10\/Screenshot-2022-10-10-at-12.16.51-PM-1024x794.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/10\/Screenshot-2022-10-10-at-12.16.51-PM-768x595.png 768w\" sizes=\"(max-width: 1244px) 100vw, 1244px\" \/><\/a><figcaption id=\"caption-attachment-263028\" class=\"wp-caption-text\">Source: SolanaFloor<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">Furthermore, other NFT projects, such as <\/span><a href=\"https:\/\/twitter.com\/SolanaMBS\"><span style=\"font-weight: 400;\">SolanaMonkeyBusiness<\/span><\/a><span style=\"font-weight: 400;\"> , witnessed similar <\/span><a href=\"https:\/\/solanafloor.com\/nft\/solana-monkey-business\"><span style=\"font-weight: 400;\">growth\u00a0 in terms of transactions and volume.<\/span><\/a><span style=\"font-weight: 400;\"> However, the same could not be said about the <\/span><a href=\"https:\/\/mobile.twitter.com\/y00tsNFT\"><span style=\"font-weight: 400;\">y00ts<\/span><\/a><span style=\"font-weight: 400;\"> NFT collection as it witnessed a decline in terms of the <\/span><a href=\"https:\/\/solanafloor.com\/nft\/y00ts-mint-t00bs\"><span style=\"font-weight: 400;\">aforementioned metrics<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n<h3>A thoughtless move?<\/h3>\n<p><span style=\"font-weight: 400;\">Despite Solana&#8217;s constant efforts to improve its NFT community, the efforts did not impact Solana.\u00a0<\/span><span style=\"font-weight: 400;\">Its volume and market cap were observed to be declining over the past few days. This could could be perceived as a bearish indicator by potential investors.<\/span><\/p>\n<p><span style=\"font-weight: 400;\">However, there was a slight uptick observed in terms of developer activity in the past few days. Thus, depicting that Solana developers may be trying to add new upgrades and updates to their system.<\/span><\/p>\n<figure id=\"attachment_263033\" aria-describedby=\"caption-attachment-263033\" style=\"width: 2048px\" class=\"wp-caption aligncenter\"><a href=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/10\/Solana-SOL-12.33.27-10-Oct-2022.png\"><img decoding=\"async\" class=\"size-full wp-image-263033\" src=\"http:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/10\/Solana-SOL-12.33.27-10-Oct-2022.png\" alt=\"\" width=\"2048\" height=\"693\" srcset=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/10\/Solana-SOL-12.33.27-10-Oct-2022.png 2048w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/10\/Solana-SOL-12.33.27-10-Oct-2022-300x102.png 300w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/10\/Solana-SOL-12.33.27-10-Oct-2022-1024x347.png 1024w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/10\/Solana-SOL-12.33.27-10-Oct-2022-768x260.png 768w, https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/10\/Solana-SOL-12.33.27-10-Oct-2022-1536x520.png 1536w\" sizes=\"(max-width: 2048px) 100vw, 2048px\" \/><\/a><figcaption id=\"caption-attachment-263033\" class=\"wp-caption-text\">Source: Santiment<\/figcaption><\/figure>\n<p><span style=\"font-weight: 400;\">At press time, <\/span><a href=\"http:\/\/ambcrypto.com\/predictions\/solana-price-prediction\"><span style=\"font-weight: 400;\">Solana<\/span><\/a><span style=\"font-weight: 400;\"> was trading at $32.85 and had appreciated by 0.47% in the last 24 hours. However, <\/span><a href=\"https:\/\/email.ambcrypto.com\/t\/ViewEmail\/y\/78C9E85A57D953462540EF23F30FEDED\/662A2EA7ACC9F4FB8BD4C707EBCCB890?alternativeLink=False\"><span style=\"font-weight: 400;\">it remains to be seen<\/span><\/a><span style=\"font-weight: 400;\"> whether Solana\u2019s price can sustain this <\/span><a href=\"http:\/\/ambcrypto.com\/this-solana-long-term-fix-may-be-the-answer-to-all-of-sols-problems\/\"><span style=\"font-weight: 400;\">positive momentum<\/span><\/a><span style=\"font-weight: 400;\">.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Solana [SOL], as of 9 October, announced a new experiment that the ecosystem planned on undertaking. Blue chip SOL NFTs, such as DeGOD\u2019s \u00a0and y00t\u2019s would undergo a change where royalties would be eliminated. This may provide a much-needed boost to the Solana NFT marketplace.\u00a0 As this tweet goes live, the metadata for the DeGods<a href=\"https:\/\/ambcrypto.com\/can-solanas-latest-move-on-the-nft-front-break-sols-ongoing-slumber\/\">Continue reading <span class=\"sr-only\">&#8220;Can Solana&#8217;s latest move on the NFT front break SOL&#8217;s ongoing slumber\u00a0&#8220;<\/span><\/a><\/p>\n","protected":false},"author":70,"featured_media":263034,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"om_disable_all_campaigns":false,"footnotes":""},"categories":[31,66,3,4,20],"tags":[],"class_list":["post-263024","post","type-post","status-publish","format-standard","has-post-thumbnail","category-altcoins-news","category-new-news","category-news","category-social","category-trading-view"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v28.0 (Yoast SEO v28.4) - https:\/\/yoast.com\/product\/yoast-seo-premium-wordpress\/ -->\n<title>Can Solana&#039;s latest move on the NFT front break SOL&#039;s ongoing slumber\u00a0 - AMBCrypto<\/title>\n<meta name=\"description\" content=\"Solana [SOL], as of 9 October, announced a new experiment that the ecosystem planned on undertaking. 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Blue chip SOL NFTs, such as DeGOD\u2019s \u00a0and y00t\u2019s would\" \/>\n<meta property=\"og:url\" content=\"https:\/\/ambcrypto.com\/can-solanas-latest-move-on-the-nft-front-break-sols-ongoing-slumber\/\" \/>\n<meta property=\"og:site_name\" content=\"AMBCrypto\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/cryptoamb\" \/>\n<meta property=\"article:published_time\" content=\"2022-10-10T11:30:13+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-10-10T14:32:09+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/ambcrypto.com\/wp-content\/uploads\/2022\/10\/photo-1660062993659-3974d11f9d90.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"1000\" \/>\n\t<meta property=\"og:image:height\" content=\"563\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"Saman Waris\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:creator\" content=\"@https:\/\/twitter.com\/SamanWaris11\" \/>\n<meta name=\"twitter:site\" content=\"@CryptoAmb\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Saman Waris\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"3 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\\\/\\\/schema.org\",\"@graph\":[{\"@type\":\"NewsArticle\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/can-solanas-latest-move-on-the-nft-front-break-sols-ongoing-slumber\\\/#article\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/can-solanas-latest-move-on-the-nft-front-break-sols-ongoing-slumber\\\/\"},\"author\":{\"name\":\"Saman Waris\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#\\\/schema\\\/person\\\/ad73a5a061fcfc27548aa27112d8b9d8\"},\"headline\":\"Can Solana&#8217;s latest move on the NFT front break SOL&#8217;s ongoing slumber\u00a0\",\"datePublished\":\"2022-10-10T11:30:13+00:00\",\"dateModified\":\"2022-10-10T14:32:09+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/can-solanas-latest-move-on-the-nft-front-break-sols-ongoing-slumber\\\/\"},\"wordCount\":606,\"commentCount\":0,\"publisher\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/can-solanas-latest-move-on-the-nft-front-break-sols-ongoing-slumber\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2022\\\/10\\\/photo-1660062993659-3974d11f9d90.jpg\",\"articleSection\":[\"Altcoin\",\"News\",\"News 1\",\"Social\",\"Trading View\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\\\/\\\/ambcrypto.com\\\/can-solanas-latest-move-on-the-nft-front-break-sols-ongoing-slumber\\\/#respond\"]}],\"copyrightYear\":\"2022\",\"copyrightHolder\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#organization\"}},{\"@type\":\"WebPage\",\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/can-solanas-latest-move-on-the-nft-front-break-sols-ongoing-slumber\\\/\",\"url\":\"https:\\\/\\\/ambcrypto.com\\\/can-solanas-latest-move-on-the-nft-front-break-sols-ongoing-slumber\\\/\",\"name\":\"Can Solana's latest move on the NFT front break SOL's ongoing slumber\u00a0 - AMBCrypto\",\"isPartOf\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/can-solanas-latest-move-on-the-nft-front-break-sols-ongoing-slumber\\\/#primaryimage\"},\"image\":{\"@id\":\"https:\\\/\\\/ambcrypto.com\\\/can-solanas-latest-move-on-the-nft-front-break-sols-ongoing-slumber\\\/#primaryimage\"},\"thumbnailUrl\":\"https:\\\/\\\/ambcrypto.com\\\/wp-content\\\/uploads\\\/2022\\\/10\\\/photo-1660062993659-3974d11f9d90.jpg\",\"datePublished\":\"2022-10-10T11:30:13+00:00\",\"dateModified\":\"2022-10-10T14:32:09+00:00\",\"description\":\"Solana [SOL], as of 9 October, announced a new experiment that the ecosystem planned on undertaking. 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