NFT Marketplace X2Y2, once a major player in the NFT space, is shutting down its marketplace operations. Launched in early 2022, X2Y2 quickly rose to prominence, achieving a monthly trading volume of $209 million in May of the same year. However, over the past 365 days, trading volume has plummeted to $53.6 million, prompting the decision to cease marketplace activities. Despite this, X2Y2 is not disappearing entirely; the project is pivoting towards developing a decentralized AI platform. This strategic shift aims to leverage AI for creating long-term value in the crypto ecosystem.