The post Solana-Based NFT Marketplace Solsniper Shuts Down After 3.5 Years of Operation appeared on BitcoinEthereumNews.com.

In a major turn of events for the Solana NFT ecosystem, Solsniper, a prominent NFT marketplace and analytics platform, made a shocking announcement on Friday: they are shutting down. After about three years of construction and several months of operation, the team behind Solsniper said they can no longer sustainably run the platform and will be eliminating access to their NFT marketplace as of Friday. The announcement sent ripples through the Solana NFT community, largely because few people saw it coming. Solsniper set out 3.5 years ago to become a data and analytics tool for active NFT traders on Solana. The platform, however, has expanded quite a bit since then and now also offers a mobile application, serves as an NFT aggregator, and has a launchpad for new projects. And, Solsniper has an actual NFT marketplace, which it calls “full-fledged.” That said, the team and I are really excited for the next chapter of their story as Solsniper has increasingly found it difficult to sustain the marketplace operationally. “We were unable to run the NFT marketplace in a sustainable way,” the Solsniper team said in a statement. “We’re closing this chapter, but we are still on our journey.” Marketplace Shutdown, NFT Delisting, and User Refunds Solsniper is doing several things as part of the shutdown process to make sure the transition for its users goes smoothly. Effective immediately, any NFTs listed on the Sniper Marketplace will be delisted, and any active bids will be canceled. 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. Unfortunately over the last year we have not been able to… — Solsniper (@solsniperxyz) June 12, 2025…

---

Filed under: News - @ June 14, 2025 8:20 am