X2Y2 NFT Marketplace Announces Closure After $5.6B in Trading Volume
X2Y2, a prominent NFT marketplace, has announced it will cease operations on April 30, 2025. The platform achieved $5.6B in trading volume during its 3-year run.
This news follows a trend of Web3 platform closures, including THX Network's recent announcement to sunset their operations on February 1, 2025.
Key points:
- X2Y2 marketplace closing April 30, 2025
- Platform recorded $5.6B in trading volume
- 3-year operational period
- Part of broader Web3 consolidation trend
Users should plan to migrate their assets and complete pending transactions before the closure date.