<ul data-eligibleForWebStory="true"><li>Solsniper, an analytics and trading tool on Solana, is closing its NFT-related products after operating for 3.5 years.</li><li>The platform shut down NFT-related services, delisted NFTs, eliminated bids, and refunded users' balances.</li><li>Solsniper will keep rewards leaderboard data for future use and continues other operations like Telegram trading bot, web trading terminal, and AI trading assistant for memecoins.</li><li>The CEO clarified that while closing NFT-related products, Solsniper is not shutting down completely.</li><li>The closure of NFT services may lead to a temporary dip in NFT trading volume as users seek alternatives.</li><li>Bybit and X2Y2, two prominent NFT marketplaces, recently announced closures due to declining NFT interest and trading volume.</li><li>Bybit suffered a significant loss to North Korean hackers before closing, but the impact on overall NFT market growth was minimal.</li><li>DappRadar data indicates a 63% decrease in NFT trading volumes since December 2024, suggesting a slowdown in NFT momentum.</li><li>Crypto Market recently reacted to the Israel-Iran conflict with a 4% drop in BTC.</li></ul>

Solsniper Closes NFT Services After 3.5 Years on Solana

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