X2Y2, a notable NFT marketplace, has decided to cease operations following a dramatic drop in trading volume of 90%. After three years in the space, the marketplace acknowledges the shifting dynamics in NFT trading and is pivoting towards artificial intelligence. This decision reflects broader trends within the NFT sector, as many platforms grapple with declining engagement and evolving market demands. The closure raises questions about the future of NFT marketplaces and the sustainability of this burgeoning industry.