NFT replacement x2y2 turns off

The non-communicated symbolic market gradually matures and becomes competitive and only a small, consistent community of NFT collectors and projects is active. In another case, the NFT Exchange X2Y2 has reported its plan to close its marketplace after three years of operation. The NFT project provides for the search for good pastures in the AI-controlled cryptos sector.

NFT Marketplace X2Y2 is closed after a 90% decline in trading volume. Over three years, it processed $ 5.6 billion. The operations will end on April 30, but smart contracts remain active. The team is now focused on AI, mixing the NFTs and innovation. 🚀💻 #Nft #Ai pic.twitter.com/ifncsmf5ws

– Trading (@tradeducky) 31. March 2025

X2Y2 NFT Marketplace turns off

On March 31 blogThe X2Y2 NFT has confirmed the closure of its unconscious symbolic market platform on April 30. NFT Marketplace has hinted to the plans to change its focus on the artificial intelligence project. The announcement is followed by early February that artificial intelligence -related chips fell to a height of 2024 by up to 90%. However, recent reports suggest that the rise of AI-controlled cryptocurrencies may follow a familiar trajectory.

After 3 incredible years and $ 5.6 billion from the trading volume, the X2Y2 will be on April 30, 2025 as the NFT market. @tp_x2y2Below is a complete announcement of the details. 👇 https://t.co/qj4dejkkmy

– x2y2 (@the_x2y2) 31. March 2025

X2Y2 is an innovative non -irresistible symbolic market originally created as a appearance fork. The NFT market became popular for stimulating and rewarding its traders and collectors for participating in the platform. The X2Y2 was a market for buying and selling the NFTS and at one point it only briefly managed the OpenSea NFT Market Square. But what are the factors that force the X2Y2 NFT market?

The NFT market has decreased significantly, with trading volumes falling from its peak to almost 90%, making it difficult for X2Y2 to maintain network effects. According to the token terminals, the cryptocurrency of the chain and the non -functional token Projects Explorer, the X2Y2 saw only $ 53 million worth of trading in the last 365 days. The X2Y2 is far from the blur of the market leader, which has raised over $ 3 billion in 12 months.

NFT market plates that have turned off the market

X2Y2 NFT Marketplace joins the rapidly growing list of NFT projects out of the NFT market. In January 2025, Animoca announced the NFT market under his closure. The platform completed operations on January 3, 2025. Another digital art market platform The player platform closed its operations in early 2025, as market problems will continue after six years of operation.

Breaking: Quid will turn off permanently 👾

➡️ Quid reported closing
➡️ Paul Barron is nowhere to be found
➡️ Youtuber Cavell Anderson was paid for advertising Quidd while criticizing Veve
➡️ Consolidation in the room was required

After a lot of muddy and paying influences … pic.twitter.com/adk2e97MTP

– Sergio (@sergiocolls) 3. January 2025

In November 2024, Kraken ended, one of the leading crypto exchanges, the NFT marketplace, referring to the bad NFT market conditions. Previously, Gamestop decided to close his NFT platform, which he originally launched in July 2022, NFT trading at the peak. Last year, Nike closed his digital asset studio RTFKT, referring to poor performance on the NFT market.

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