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SOL-Based NFT Marketplace ‘Solsniper’ Clarifies Shutting Down Only NFT Products
#NFTMarketTrends
#NFT
The NFT team said that it will retain rewards leaderboard data for use in future incentive programs.
$SOL Solana non-fungible token (NFT) marketplace Solsniper announced Friday that it is shutting down its 3.5 years of operation, including delisting NFTs and removing bids.
The platform will close on June 13, 2025, at 12 PM PST, the post on X, noted.
“We will be automatically delisting everyone’s NFTs from Sniper Marketplace, removing bids, and refunding bid/order balances to your wallets.”
The NFT team said that it will retain rewards leaderboard data for use in future incentive programs. “We don’t plan to stop building anytime soon,” it said.
Solsniper first started as an analytics tool for NFT traders, later expanding to a mobile app, an NFT aggregator, and an NFT marketplace.
Only NFT Products Are Shutting Down: Solsniper Clarifies
In a follow-up post, the platform CEO and founder clarified to users that the platform isn’t wholly shutting down.
“In case anyone was confused. We are NOT shutting down as a company, simply shutting down all of our NFT-related products,” he wrote.
Solsniper noted that it failed to “sustainably run” the NFT marketplace, assuring users that any refund would return to their wallet.
Besides, the CEO further touted that Solsniper has already launched a Telegram trading bot, web trading terminal, and AI trading assistant for memecoins.
The shutdown is unlikely to shake Solana’s core, but cause a short-term NFT trading volume dip, since power users scramble for alternatives.
NFT Trading Volumes Decline
In April, two major NFT marketplaces – Bybit and X2Y2 – announced that they are shutting down, citing a decline in NFT interests and trading volume. Bybit said that it is shutting down in an effort “to streamline our offerings.”
Shortly before closing, Bybit suffered a major security breach, losing nearly $1.5 billion to North Korean hackers. Previous NFT marketplace exits caused short-lived dips but didn’t dent overall growth.
Meanwhile, DappRadar data suggested that the trading volumes of NFTs tumbled 63% since December 2024.
“While NFTs had been showing signs of a comeback in recent months, their momentum has slowed since the start of the year,” DappRadar analyst Sara Gherghelas, said.
Follow 🔥 Stay tuned for more updates 🚀😍🚀
#NFT
The NFT team said that it will retain rewards leaderboard data for use in future incentive programs.
$SOL Solana non-fungible token (NFT) marketplace Solsniper announced Friday that it is shutting down its 3.5 years of operation, including delisting NFTs and removing bids.
The platform will close on June 13, 2025, at 12 PM PST, the post on X, noted.
“We will be automatically delisting everyone’s NFTs from Sniper Marketplace, removing bids, and refunding bid/order balances to your wallets.”
The NFT team said that it will retain rewards leaderboard data for use in future incentive programs. “We don’t plan to stop building anytime soon,” it said.
Solsniper first started as an analytics tool for NFT traders, later expanding to a mobile app, an NFT aggregator, and an NFT marketplace.
Only NFT Products Are Shutting Down: Solsniper Clarifies
In a follow-up post, the platform CEO and founder clarified to users that the platform isn’t wholly shutting down.
“In case anyone was confused. We are NOT shutting down as a company, simply shutting down all of our NFT-related products,” he wrote.
Solsniper noted that it failed to “sustainably run” the NFT marketplace, assuring users that any refund would return to their wallet.
Besides, the CEO further touted that Solsniper has already launched a Telegram trading bot, web trading terminal, and AI trading assistant for memecoins.
The shutdown is unlikely to shake Solana’s core, but cause a short-term NFT trading volume dip, since power users scramble for alternatives.
NFT Trading Volumes Decline
In April, two major NFT marketplaces – Bybit and X2Y2 – announced that they are shutting down, citing a decline in NFT interests and trading volume. Bybit said that it is shutting down in an effort “to streamline our offerings.”
Shortly before closing, Bybit suffered a major security breach, losing nearly $1.5 billion to North Korean hackers. Previous NFT marketplace exits caused short-lived dips but didn’t dent overall growth.
Meanwhile, DappRadar data suggested that the trading volumes of NFTs tumbled 63% since December 2024.
“While NFTs had been showing signs of a comeback in recent months, their momentum has slowed since the start of the year,” DappRadar analyst Sara Gherghelas, said.
Follow 🔥 Stay tuned for more updates 🚀😍🚀
🚀 BLUR Price Update 🚀
Current Price: $0.2549 | 24-Hour High: $0.2624 | 24-Hour Low: $0.2473
24-Hour Change: +3.07%
Price Prediction 📊
Support Level: $0.2470
Resistance Level: $0.2650
BLUR shows bullish potential, with a target of $0.2800 in the near term as market sentiment improves.
Growth Drivers 📈
1️⃣ Bitcoin’s Influence: Bitcoin’s upward momentum boosts investor confidence in altcoins like BLUR.
2️⃣ NFT Marketplace Expansion: As BLUR powers NFT platforms, its demand grows with increasing adoption.
3️⃣ Altcoin Revival: Broader market recovery positions BLUR for increased trading activity and value appreciation.
$BLUR
#BLUR. | #CryptoTrends | #NFTMarketTrends | #AltcoinPotential
Current Price: $0.2549 | 24-Hour High: $0.2624 | 24-Hour Low: $0.2473
24-Hour Change: +3.07%
Price Prediction 📊
Support Level: $0.2470
Resistance Level: $0.2650
BLUR shows bullish potential, with a target of $0.2800 in the near term as market sentiment improves.
Growth Drivers 📈
1️⃣ Bitcoin’s Influence: Bitcoin’s upward momentum boosts investor confidence in altcoins like BLUR.
2️⃣ NFT Marketplace Expansion: As BLUR powers NFT platforms, its demand grows with increasing adoption.
3️⃣ Altcoin Revival: Broader market recovery positions BLUR for increased trading activity and value appreciation.
$BLUR
#BLUR. | #CryptoTrends | #NFTMarketTrends | #AltcoinPotential
What is Treasure NFT?
Treasure NFT is a next-generation platform that leverages blockchain technology to create, trade, and own unique digital assets with tangible value. Unlike traditional cryptocurrencies like Bitcoin or Ethereum, which are fungible and interchangeable, Treasure NFTs are unique and verifiable digital collectibles secured on the blockchain.
Each Treasure NFT carries intrinsic value, thanks to its scarcity, utility, and demand in the digital ecosystem. Whether you're an artist, gamer, or investor, Treasure NFT provides an avenue to capitalize on blockchain’s decentralized nature.
The Benefits of Treasure NFT
True Digital Ownership – Each NFT is backed by blockchain, ensuring authenticity and proof of ownership. No middlemen, no counterfeits—just pure asset security.
High Market Demand – With increasing adoption of NFTs across industries (gaming, art, real estate, music, and more), the demand for high-value NFTs like Treasure NFT is skyrocketing.
Passive Income Opportunities – Many NFT platforms, including Treasure NFT, allow staking, renting, and royalty-based earnings, ensuring ongoing revenue generation.
Decentralized & Transparent – Built on blockchain technology, every transaction is transparent, immutable, and secure, making fraud virtually impossible.
Interoperability & Utility – Treasure NFTs can be utilized across multiple platforms, including metaverse projects, DeFi ecosystems, and gaming environments.
#treasurenft #NFTs #NFTMarketplace #NFTMarketTrends #MetaverseInvesting
Treasure NFT is a next-generation platform that leverages blockchain technology to create, trade, and own unique digital assets with tangible value. Unlike traditional cryptocurrencies like Bitcoin or Ethereum, which are fungible and interchangeable, Treasure NFTs are unique and verifiable digital collectibles secured on the blockchain.
Each Treasure NFT carries intrinsic value, thanks to its scarcity, utility, and demand in the digital ecosystem. Whether you're an artist, gamer, or investor, Treasure NFT provides an avenue to capitalize on blockchain’s decentralized nature.
The Benefits of Treasure NFT
True Digital Ownership – Each NFT is backed by blockchain, ensuring authenticity and proof of ownership. No middlemen, no counterfeits—just pure asset security.
High Market Demand – With increasing adoption of NFTs across industries (gaming, art, real estate, music, and more), the demand for high-value NFTs like Treasure NFT is skyrocketing.
Passive Income Opportunities – Many NFT platforms, including Treasure NFT, allow staking, renting, and royalty-based earnings, ensuring ongoing revenue generation.
Decentralized & Transparent – Built on blockchain technology, every transaction is transparent, immutable, and secure, making fraud virtually impossible.
Interoperability & Utility – Treasure NFTs can be utilized across multiple platforms, including metaverse projects, DeFi ecosystems, and gaming environments.
#treasurenft #NFTs #NFTMarketplace #NFTMarketTrends #MetaverseInvesting
🛑 VK CLOSES NFT MARKETPLACE! 🛑 RUSSIA'S SOCIAL NETWORK PULLS PLUG!
**Signal:** Russian social network VK (formerly VKontakte) will shut down its NFT platform, VK NFT Hub, on April 15th.
**Key Details:**
* **Closure Date:** VK NFT Hub to close on April 15, 2025.
* **Reason:** Closure coincides with VK facing significant financial losses (net loss nearly tripled in 2024) and plans to raise funds to reduce debt.
* **Impact:** Users urged to transfer NFTs to external wallets before the deadline. NFT-related visual markers on VK profiles will be removed.
* **Context:** This adds to a trend of NFT marketplace shutdowns.
**NFT Market Sentiment:**
* Raises concerns about the overall health and sustainability of the NFT marketplace sector.
* Reflects potential waning interest or profitability in certain NFT platforms.
**Is this the end for social media NFTs?** #nft #NFTMarketTrends #CryptoNews
**Signal:** Russian social network VK (formerly VKontakte) will shut down its NFT platform, VK NFT Hub, on April 15th.
**Key Details:**
* **Closure Date:** VK NFT Hub to close on April 15, 2025.
* **Reason:** Closure coincides with VK facing significant financial losses (net loss nearly tripled in 2024) and plans to raise funds to reduce debt.
* **Impact:** Users urged to transfer NFTs to external wallets before the deadline. NFT-related visual markers on VK profiles will be removed.
* **Context:** This adds to a trend of NFT marketplace shutdowns.
**NFT Market Sentiment:**
* Raises concerns about the overall health and sustainability of the NFT marketplace sector.
* Reflects potential waning interest or profitability in certain NFT platforms.
**Is this the end for social media NFTs?** #nft #NFTMarketTrends #CryptoNews
#NFTMarketTrends
NFTs are BOOMING again! Blue-chip collections like BAYC, Azuki, and Pudgy Penguins are flying! NFT altcoins like $IMX & $LOOKS are PUMPING! Will you be the next NFT millionaire? Buy now before prices EXPLODE!
#NFTs #CryptoArt #ImmutableX #NFTGems
NFTs are BOOMING again! Blue-chip collections like BAYC, Azuki, and Pudgy Penguins are flying! NFT altcoins like $IMX & $LOOKS are PUMPING! Will you be the next NFT millionaire? Buy now before prices EXPLODE!
#NFTs #CryptoArt #ImmutableX #NFTGems
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