Magic Eden, a leading Solana NFT marketplace, has acquired the crypto trading app Slingshot to diversify beyond NFTs amid a sluggish market. This acquisition enables Magic Eden to support over 8 million tokens across major blockchains, aiming to provide a seamless trading platform without bridges or centralized exchanges. Slingshot, with nearly 1 million users, simplifies token access across 10 major blockchains. Despite recent closures of NFT marketplaces like DraftKings and Bybit, Magic Eden remains optimistic, hoping to boost its $75 million revenue from 2024 through this strategic expansion.