Tiny Colony Game Will Leave Solana After 2 Famous NFT Collections

Key Points:

• Game Tiny Colony will leave Solana to move to ImmutableX.
• The game left amid the decline of the Solana ecosystem, and the SOL price has dropped more than 90% from its peak.
• Previously, the ecosystem’s two popular NFT collections also announced migration to Ethereum and Polygon.

Tiny Colony Game will leave Solana and move to ImmutableX in the near future. This is a construction and management simulation game project.

The transition will bring new features for the Tiny Colony ecosystem, known as “the Tinyverse,” including a built-in crypto wallet and the choice to buy in-game items in cash. The game was originally created on Solana.

It will join the library of games published by the Australian company Immutable, including Gods Unchained, Illuvium, Guild of Guardians, and Ember Swords.

As mentioned in an earlier Coincu News article, Solana also recently witnessed the departure of the two most famous NFT collections, Degods and y00ts, to Ethereum and Polygon, respectively.

New gaming-focused chains have been trying to attract new projects from other chains with grants and promises of greater support.

Projects one by one left the Solana ecosystem after its reputation dropped because it was badly hit after falling into the death pit of the FTX collapse in November 2022. Sam Bankman-Fried, a person Solana’s ardent supporter, is still under investigation on eight charges related to the collapse of FTX.

The token has continuously dropped in price and has caused it to drop more than 94% from its all-time high. However, at this point, Solana sees a supposed bounce from the Bonk Crypto project, with BONK tokens burned through the Solana Saga phone sales and Bonkz NFT sales.

The SOL price has recorded an increase of nearly 50% since the low of $8.3, affected by the crash of FTX. Over the past 24 hours, SOL has seen a 23% gain and is currently trading at $20.5. However, the SOL price is still down 92% from its all-time high.

DISCLAIMER: The Information on this website is provided as general market commentary and does not constitute investment advice. We encourage you to do your own research before investing.

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