Solsniper, a now-defunct Solana-based non-fungible token (NFT) marketplace, revealed it has shut down after 3.5 years of operations. The platform will formally shut down on June 13, 2025 at 12 PM PST. Solsniper will delist all NFTs and cancel all bids when we shut down.
Solsniper started in early 2022 as an NFT trader analytics tool. Throughout the years, the platform had never stopped increasing their service offerings. It has since launched a new mobile app, NFT aggregator, and NFT marketplace and launchpad.
"Thank you everyone for the last 3.5 years. We started Solsniper as an analytics tool for NFT traders and over the years we've built a mobile app, an NFT aggregator, as well as an NFT marketplace and launchpad." - Solsniper (@solsniperxyz)
The decision to shut down the NFT marketplace reflects a broader trend in the NFT space, where some platforms are repositioning themselves within the wider cryptocurrency ecosystem. Earlier this month, Solsniper deployed a Telegram trading bot and introduced a new web based trading terminal. They created the first AI trading assistant for memecoins.
"In case anyone was confused, we are NOT shutting down as a company; we are simply shutting down all of our NFT-related products." - Maz (@maz_so1)
Solsniper’s shutdown will likely result in an immediate decline in NFT trading volume on the Solana blockchain. It will surely not have a long-term impact on the foundational infrastructure of Solana. For the Solsniper team, it doesn’t end there—as they look to continue launching new products and services within the cryptocurrency space. This pain comes even as they’re leaving the NFT marketplace vertical.
"We don’t plan to stop building anytime soon," - Solsniper team
