- The Solana NFT marketplace Solsniper shuts down after 3.5 years, officially closing on June 13, 2025.
- All NFTs will be delisted, and user bids refunded, with leaderboard data preserved for future use.
- Solsniper pivots away from NFTs, focusing on AI tools, Telegram bots, and memecoin trading terminals.
- Closure reflects a broader NFT market slowdown, with trading volumes down 63% since December 2024.
Solana non-fungible token (NFT) marketplace Solsniper announced Friday that it is shutting down its 3.5 years of operation, including delisting NFTs and removing bids. The platform will officially close on June 13, 2025, at noon PST, according to a post shared on X (formerly Twitter).
“We will be automatically delisting everyone’s NFTs from Sniper Marketplace, removing bids, and refunding bid/order balances to your wallets,” the Solsniper team stated in the announcement.
While this marks the end of its NFT-related offerings, the company clarified that it is not ceasing operations entirely. In a follow-up post, the platform’s CEO explained, “In case anyone was confused, we are NOT shutting down as a company; we are simply shutting down all of our NFT-related products.”
Solsniper began as an analytics tool for NFT traders and later evolved into a mobile application, an NFT aggregator, and a marketplace tailored for the Solana blockchain. Over the years, it became a go-to destination for data-driven NFT trading and tools for advanced users in the Solana ecosystem.
Solana NFT Platform Solsniper Ends Marketplace Launches AI Bots
The team cited challenges in maintaining the marketplace sustainably as the key reason for the shutdown. However, they assured users that all pending bids and balances will be refunded directly to wallets and that leaderboard data will be preserved for potential use in future community incentive programs. “We don’t plan to stop building anytime soon,” the announcement added.
Even as it steps away from NFTs, SolSniper is repositioning itself within the broader crypto ecosystem. The platform has already launched several new products, including a Telegram-based trading bot, a web trading terminal, and an AI trading assistant designed for memecoin traders, signaling a clear pivot toward real-time, community-driven crypto trading tools.
The closure is unlikely to impact the Solana blockchain’s core infrastructure but could lead to a short-term dip in NFT trading volume as power users search for alternatives.
Solsniper’s exit mirrors a wider trend in the NFT space. In April 2025, NFT marketplaces Bybit and X2Y2 also announced their shutdowns. Bybit attributed its decision to a strategic pivot to streamline services and had also suffered a major $1.5 billion breach tied to North Korean hackers shortly before the announcement.
Recent data from DappRadar shows that NFT trading volumes have declined 63% since December 2024. “While NFTs had been showing signs of a comeback in recent months, their momentum has slowed since the start of the year,” said Sara Gherghelas, an analyst at DappRadar.
As the NFT landscape continues to evolve, Solsniper’s shutdown underscores the volatility of the sector and the need for platforms to adapt quickly or risk becoming obsolete.
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