The overall capitalization of non-fungible tokens has jumped 66% to $6 billion in the past 30 days with CryptoPunks' market ...

Popular non-fungible token (NFT) marketplace X2Y2 has flipped its decision to make creator royalties optional, a move that inspired several other marketplaces to follow suit. X2Y2 said Friday on ...

X2Y2, once the second largest NFT platform, announced it will shut down on April 30. The NFT platform was operational for 3 years and launched in February 2022. NFT platforms are dying out amid a ...

X2Y2, one of the largest NFT marketplaces, has announced plans to shut down operations on April 30, 2025. The company is now pivoting toward artificial intelligence, but with a crypto lens. Since ...

X2Y2, once a major NFT marketplace, will close at the end of the month. The NFT market decline, with trading volumes dropping nearly 90%, led to X2Y2 struggling to maintain network effects.

NFT marketplace X2Y2 will shut down operations on 30 April 2025, drawing the curtain on a three-year run that once positioned it among the top players in the non-fungible token space.

X2Y2 365-day trading volume chart. Source: Token Terminal. Charu Sethi, president at NFT-focused Polkadot and Kusama chain Unique Network, said the decision is not a sign of decline in the NFT market.

X2Y2 has a native token, and 12% of the token’s total supply was dedicated to an airdrop for any NFT traders who traded on OpenSea’s smart contract via a specific ethereum block.

X2Y2 cited OpenSea’s decision and creator adoption of that rival’s blocklist solution in announcing a change to royalties enforcement.

X2Y2 referenced leading NFT marketplace OpenSea’s on-chain royalty enforcing tool, which will blacklist collections from being resold on marketplaces that don’t enforce royalties.