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Posted: 2025-04-07 23:44:09 UTC

This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
This article contains some claims that remain unverified. While much of the content may be accurate, exercise care when relying on this information.
Status
Last Updated
2025-04-07 23:57:16 UTC
Verified By
Rollup News
NFT marketplaces like X2Y2 and Bybit are shutting down due to declining volumes, leading to questions about the future of NFTs. The focus may be shifting towards on-chain identity.
Closure of NFT marketplaces (X2Y2, Bybit)
Significant decline in NFT trading volumes (90% reduction)
Potential shift towards on-chain identity solutions
Declining NFT trading volumes
Marketplaces shutting down
Dependence on hype for NFT survival