NFT Exchange x2y2 closes

The fungilable token market is gradually maturing and becoming competitive, just a small, consistent special NFT collectors and projects remain active. In another incident, the NFT Exchange X2Y2 announced its plans to close the market after a three -year operation. The NFT project envisions to look for good grasslands in the AI ​​-oriented crypto industry.

The NFT Marketplace X2y2 closes after a 90% drop in the transaction volume. For three years, he committed 5.6 billion dollars in transactions. Operations will end on April 30, but smart contracts remain active. The team is now focusing on AI, which blends NFTs and innovation. 🚀💻 #Nft #Ai pic.twitter.com/ifncsmf5ws

– Tradeducky (@Tradeducky) March 31, 2025

X2Y2 NFT Marketplace closes

On March 31st Blog postOn April 30, the X2Y2 NFT initiative confirmed its plans to close the Makgilaable Token market platform. The announcement reports that at the beginning of February, tokens connected to artificial intelligence agents fell from 2024 to 90%. Nevertheless, the latest reports show that the rise of AI -guided crypto agents can follow a familiar orbit.

After 3 incredible years and 5.6 billion dollars in trade volume, X2Y2 will have sunset as an NFT market on 30 April 2025. @tp_x2y2Full announcement below for details. 👇 https://t.co/qj4dejkkmy

– x2y2 (@the_x2y2) March 31, 2025

The X2Y2 is an innovative non -funny coin market, which was initially created as a Looke fork. The NFT market has become popular to encourage and reward its traders and collectors on the platform. The X2Y2 was a market to buy and sell NFTs, and at some point, the Opensea NFT market briefly followed the transaction volume. However, what are the factors that pushed X2Y2 to leave the NFT market?

The NFT market has decreased significantly, has dropped approximately 90% since the process of transaction volumes, and made it difficult for the X2Y2 to maintain its network effects. Token terminals, a chain crypto market data collector and fungible token projects, according to the Traveler, X2Y2 saw only $ 53 million in the last 365 days. X2Y2 is far behind the blunder, the market leader, which has accumulated over $ 3 billion in 12 months.

NFT markets that leave the market

The X2Y2 NFT Marketplace participates in the rapidly growing list of NFT projects from the NFT market. In January 2025, Quidd, a NFT market under Animoca brands, announced its closing. The platform stopped operations on January 3, 2025. MakersPlace, another digital art market platform, closed its activities at the beginning of 2025 due to “ongoing market difficulties” after six years of operation.

Breaking: Quidd closes permanently 👾

➡️ Quidd Hear Closing
➡️ Paul Barron is not found anywhere
➡️ YouTuber Cavell Anderson was paid to promote Quidd while criticizing Veve
➡️ Consolidation was required in space

After too much mud and payment impressives… pic.twitter.com/adk2e97mtp

– exhibition (@sergocollects) 3 January 2025

In November 2024, Kraken, one of the leading crypto exchanges, closed the NFT market and referred to bad NFT market conditions. Previously, Gamestop decided to close the NFT platform, which initially launched in July 2022 during the Summit of NFT trade. Last year, Nike closed the Incubation Studio RTFKT and performed badly in the NFT market.

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