Magic Eden has closed its Bitcoin and EVM marketplaces while keeping Solana active and shifting toward crypto entertainment. Its wallet is now export-only and will stop working on May 1, 2026, prompting users to back up seed phrases and move assets.
Magic Eden has closed its Bitcoin and EVM marketplaces while keeping its Solana marketplace active. The company is pivoting toward Solana and crypto entertainment, and users must export wallet seed phrases before the wallet fully shuts down on May 1, 2026.
Leap Wallet will permanently close all products on May 28, 2026. Cosmos users must export recovery phrases or private keys and migrate to wallets such as Keplr or MetaMask. ATOM stakers using Leap’s validator face a more urgent redelegation timeline.
More than 20 crypto projects ceased operations in Q1 2025, affecting wallets, exchanges, NFT platforms, and DeFi tools. Falling liquidity, weaker fundraising, rising user acquisition costs, and regulatory pressure are accelerating a market-wide shift toward sustainable business models.
More than 20 crypto projects shut down in Q1 2025 across wallets, exchanges, NFT platforms, and DeFi tools. Falling trading volumes, weaker fundraising, and user migration to major platforms are accelerating industry consolidation.
Magic Eden launched its Bitcoin Runes platform ahead of the April 23 schedule, supporting BTC transfers and direct trading of Runes and Ordinals. Built on the UTXO model, the platform emphasizes security and has expanded across Solana, Ethereum, Polygon, and Bitcoin chains, with $23.42M daily volume.
Magic Eden launched its Bitcoin Runes platform before the planned April 23 date, allowing direct BTC transfers and purchases of Runes and Ordinals. The platform uses UTXO model for security, marking a key step for fungible tokens on Bitcoin.
This article explores the top four bridge solutions for transferring assets from Solana to TRON, including Allbridge Core, Celer cBridge, Wormhole, and Multichain. It analyzes their pros/cons, market implications, and provides wallet preparation steps for secure cross-chain operations.
