Feb 04, 2026
NFT Marketplace Collapse: Nifty Gateway, Foundation Lead Wave of Major Platform Shutdowns
NFTsBlockchain Artcrypto collapseDigital ArtFoundation NFTNFT marketplaceNFT trading volumeNifty Gateway shutdownWeb3 platforms
TLDR: NFT trading volumes collapsed from $2.9 billion in 2021 to just $23.8 million by early 2025 quarterly data. Major platforms including Nifty Gateway, Foundation, and MakersPlace announced closures within days in January 2026. Centralized storage systems left 27% of top NFT collections vulnerable to permanent loss after server shutdowns. OpenSea recaptured 67% of Ethereum [...]
The post NFT Marketplace Collapse: Nifty Gateway, Foundation Lead Wave of Major Platform Shutdowns appeared first on Blockonomi.
Source: Blockonomi →Related News
- 1 week ago
XRPL.to Rebuilds Platform Into Unified XRPL DEX With Tokens and NFTs
- 2 weeks ago
Magic Eden Pulls Plug on Bitcoin and Ethereum Support, Doubles Down on Solana
- Feb 24, 2026
NEAR Launches Near.com Super App Integrating Crypto Wallets with AI Tools
- Feb 08, 2026
Pudgy Penguins Hit New York City With Valentine's Day Pop-Up Event
- Feb 06, 2026
Justin Bieber Paid $1.3 Million for a Bored Ape NFT. It's Now Worth $12K