Solsniper, an NFT marketplace on the Solana blockchain, will be closing its doors after 3.5 years of business. The platform, best known for their analysis and data-driven NFT trading tools, will officially shut down on June 13, 2025. The closure is likely to result in a short-term decline in NFT trading volume on the Solana blockchain. It’s likely to have minimal impact on the underlying blockchain’s infrastructure.
Solsniper originally started as an analytics product made for NFT traders. Since then, it has evolved rapidly into a mobile application, NFT aggregator, marketplace and launchpad. Over the past couple years, Solsniper established itself as the premier place for experienced users across Solana’s ecosystem. Other features include the AI-powered trading assistant specific to memecoins, web trading terminal, and Telegram trading bot that were released on the same platform.
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. - Solsniper (@solsniperxyz)
The team has reiterated that it will delist NFTs and remove bids at closure. The Solsniper team expressed their appreciation to their user base, thanking them for their support throughout the years.
Solsniper’s closure marked the beginning of a sudden and painful directional shift in the wider NFT space. Last month, on April 3, Bybit and X2Y2 similarly announced their shutterings. The exodus of these platforms is indicative of the turmoil and transition engulfing the digital asset sector.
In case anyone was confused, we are NOT shutting down as a company; we are simply shutting down all of our NFT-related products. - Maz (@maz_so1)
While Solsniper is no longer in the NFT space, the Solsniper team has expressed a desire to keep producing new products.
We don't plan to stop building anytime soon. - Solsniper team
