In the preceding 24 hours, the sentiment of the cryptocurrency market as a whole was mixed, as the majority of top cryptocurrencies experienced mixed price changes. Solana is in a difficult position, since two of the ecosystem’s most prominent NFT projects are abandoning its network for rivals. The outlook on the crypto remains bearish in 2022. On Monday, DeGods announced that the NFT collection will bridge to Ethereum in the first quarter of next year. The y00ts NFT collection, which is part of the same cohort, will move to Polygon. The official explanation for the transition to these blockchains has not been announced. Related Reading: VeChain Jumps By 4% As VET Investors Look To Profit Before Christmas Image: The Crypto Times What’s Going On With SOL? Due to bearish signal readings and unfavorable news, the crypto’s price could resume its freefall toward $10. Strong bearish momentum allowed the bears to push its price below the $12.00 threshold. As of writing, SOL was trading at $11.16, down 6.5% in the last seven days, data from Coingecko shows. The crypto’s price has ..
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