0
0
Magic Eden to Close Bitcoin and EVM Deployments, Cease Multi-Chain Wallet: Blockspace
The NFT marketplace is withdrawing to its Solana and "crypto entertainment" roots.
0
0
Magic Eden is withdrawing to its roots. According to Blockspace, the Solana-native NFT marketplace plans on sunsetting its Bitcoin and EVM deployments next week, and will soon thereafter discontinue support for its multi-chain wallet.
What's the Scoop?
- Multi-Chain Withdrawal: Citing anonymous sources close to the story, Blockspace reports that Magic Eden will announce the closure of its Bitcoin Ordinals and EVM NFT marketplaces as soon as this Friday; the platforms are expected to shut down next week. Subsequently, Magic Eden will reduce its cross-chain wallet functionality in mid-March before fully discontinuing the product in early April. Solana NFTs and assets will remain supported.
- Inspired Pivot: Magic Eden has steadily pivoted away from the NFT label and toward what CEO Jack Lu has branded “crypto entertainment,” a category that includes prediction markets.
Magic Eden to sunset Bitcoin and EVM marketplaces as well as discontinuing support for it's multi-chain wallet.@MagicEden is expected to make an announcement of the wind down as early as Friday, sources tell Blockspace
— cbspears ◉ (@cbspears) February 26, 2026
👇Full scoop below 👇 pic.twitter.com/TCG1HLMGiA