Solsniper’s sunset, scheduled for June 2025, isn’t the death knell of just another crypto-related business. They are pivoting to AI and memecoin trading tools, which quite honestly reeks of a hail mary. The interesting story, though, is what their exit reveals about the fundamental flaws underlying the NFT marketplace model....

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...

The Solana NFT ecosystem is experiencing a monumental shift. Solsniper, a marketplace known for its cutting-edge NFT trading tools, abruptly shuttered his doors and announced his closure after 3.5 years in business. This surprising decision serves as a signal to the platform’s future and of the larger trends affecting the...

That is why the news of Solsniper closing its NFT marketplace hurts. True, the company is changing course – pursuing the latest magic bullet of AI-powered meme coin trading. However, for those of us extremely in tune with the booming NFT space across the continent, it’s absolutely deflating. The thrill...

The rug-pull news rocked the crypto community. NFT marketplace Solsniper, which operated for three and a half years, announced that they are shutting down. Are we witnessing the canary in the coal mine, signaling a collapse of the NFT hype, or a pragmatic evolution in a volatile market? I’d lean...

Yana Solsniper initially launched as a data analytics tool, designed specifically for NFT traders. Now that it is 3.5 years into operation, it has recently made the news for announcing its NFT marketplace shutdown. The videogame company will stop all work on NFT technology immediately and focus on creating technology...

Another NFT exchange Solsniper, also a Solana-based NFT marketplace, announced it would be shutting down just last week after 3.5 years of existence. This news has sparked discussions about the sustainability of NFT marketplaces and the broader trends shaping the digital asset landscape. Note that the platform will close permanently...

So the announcement on Friday that Solsniper would be closing its NFT marketplace stings, no doubt. Another platform bites the dust. But before we wallow in despair, especially for those of us watching from the African continent, let's ask a crucial question: Can this closure be a catalyst for something...