Migrating from Redis to Valkey is presented as a strategic choice for organizations looking to capitalize on open-source infrastructure, with potential cost savings and performance enhancements. Valkey, developed as a fork of Redis under the Linux Foundation, offers strong compatibility with Redis while introducing optimizations, such as multi-threaded I/O and improved memory efficiency, translating into reduced cloud service costs and higher throughput. While migrating can be seamless for standard deployments, complex systems may require detailed planning and extended timelines, akin to significant infrastructure changes. Valkey is backed by major cloud providers, ensuring its long-term viability as an open-source project. However, organizations with specific needs might still find Redis advantageous due to its feature-rich enterprise offerings. For those handling extensive in-memory data, Dragonfly emerges as a revolutionary alternative, promising transformative performance gains with its multi-threaded architecture, making it a compelling option for maximizing migration investment.