On March 31st, the Non-Fungible Token trading platform X2Y2 announced that it will officially close on April 30th, 2025, marking the end of three years of operations with a total trading volume of $5.6 billion. Although the X2Y2 smart contract will continue to be maintained, the Non-Fungible Token trading platform will completely stop all activities.

The CEO of X2Y2 shared that the Non-Fungible Token trading volume has decreased by 90% compared to its peak period. He emphasized that after three years of efforts to lead, it is time for them to shift towards a more sustainable value.

However, X2Y2 does not see this as an end, but as a transformation. Over the past year, the team has focused on in-depth research on artificial intelligence (AI) and how this technology can be combined with blockchain to create breakthrough solutions. The CEO of X2Y2 revealed that the upcoming project will focus on providing decentralized profits, using AI to create continuous value instead of chasing trends.

Additionally, the CEO candidly mentioned that this change could affect the X2Y2 token price as the token is closely tied to the Non-Fungible Token market vision. However, he believes that the next stage of X2Y2 will bring a more long-term value to the community.