NFT marketplace X2Y2 is closing its doors on April 30 after three years, pivoting towards an artificial intelligence project. Despite trailing behind market leaders like Blur and OpenSea, X2Y2 managed a respectable $53.6 million in trading volume over the past year. Charu Sethi from Unique Network believes this move doesn't signal a decline in the NFT market but rather a shift towards utility-driven applications in gaming, AI, and more. The new AI-focused platform aims to offer users profits across market cycles, emphasizing long-term value in the crypto space.