Do closures like this signal a cooling off in the Solana NFT space? Or just natural market cleanup? Is this just another low-impact shutdown, or could it affect broader confidence in SOL’s NFT ecosystem?
Just ask yourself this simple question. How many people talk about NFTs these days vs some 4 years back?
The fact is that the NFT hype and train is long gone and so has the volume and liquidity, so there's no point of having a marketplace if not a single NFT is going to be sold in weeks. I think they did the right decision.