NFT Exchange X2Y2 ends

The token market without abusive language is gradually mature and competitive, and only the small and consistent community of dedicated NFT collectors and projects. In another case, NFT Exchange X2Y2 announced plans to close the market after three years of operation. The NFT project is expected to find a good pasture in the AI ​​-centered encryption sector.

NFT Marketplace X2Y2 ended after the transaction volume was reduced by 90%. For three years, we have dealt with $ 5.6B in transactions. The operation ends on April 30, but smart contracts continue to work. The team now has a mix of NFT and innovation to AI. 🚀💻 #nft #AI pic.twitter.com/ifncsmf5ws

-Tradeducky (@tradeducky) March 31, 2025

X2Y2 NFT Market Place is terminated

On the March 31st blog post, X2Y2 NFT Startup confirmed the plan to close the token market platform that was impossible to run on April 30. NFT Marketplace suggested plans to focus on artificial intelligence projects. The announcement reported in early February that tokens related to artificial intelligence agent decreased 90% from 2024. Nevertheless, according to a recent report, the rise of AI -centered encryption agents may follow familiar trajectory.

After 3 years and the volume of transactions for three years, and after $ 5.6B, X2Y2 will be sunset on the NFT marketplace on April 30, 2025. @tp_x2y2For more information, the entire presentation below. https://t.co/qj4dejjkmy

-X2Y2 (@The_x2y2) March 31, 2025

X2Y2 is an innovative incompetent token market, which was first made of an exterior fork. The NFT Marketplace has gained popularity in providing and rewarding incentives to traders and collectors to participate in the platform. X2Y2 was a market for purchasing and selling NFT, and at some point in the OpenSea NFT market of trading volume. But what is the factor that X2Y2 promotes to end the NFT market?

The NFT market has decreased significantly, and the volume of trading decreases almost 90% after the highest, making it difficult for X2Y2 to maintain its network effect. According to Token Terminals, the thermal encryption market data Agrigator and swearing token project explorer, X2Y2 has only been $ 53 million in the last 365 days. X2Y2 is far behind the $ 3 billion market leader BLUR over 12 months.

NFT market that broke the market

X2Y2 NFT Marketplace joins the list of fast -growing NFT projects in the NFT market. In January 2025, QUIDD, an NFT marketplace of Animoca brand, announced its closure. The platform stopped operating on January 3, 2025. Another digital art market platform, MAKERSPLACE, stopped operating in early 2025 due to the “ongoing market task” after six years of operation.

Breaking: Quidd is permanently terminated

➡️ Quidd announces closure
➡️ Paul Barron cannot be found
➡️ YouTuber Cavell Anderson received money to promote Quidd and criticized VEVE.
I needed integration of space

Many muddy and payable people… pic.twitter.com/adk2e97mtp

-Sergio (@SERGIOCOLLECTS) January 3, 2025

In November 2024, one of the major encryption exchanges, Krake, closed the NFT market and cited the NFT market conditions. Previously, Gamestop decided to close the NFT platform that first started in July 2022 during the climax of the NFT transaction. Last year, NIKE closed the Digital Asset Incubation Studio RTFKT by quoting performance deterioration in the NFT market.

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