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Magic Eden to Close Bitcoin and EVM NFT Markets and End Multi-Chain Wallet in March–April

The company says a Solana-first focus will streamline operations by concentrating engineering on its core marketplace.

Overview

  • Trading on Magic Eden’s Bitcoin Ordinals and EVM markets—including Ethereum, Polygon, and Avalanche—will shut in the first week of March 2026, with Blockspace reporting a March 9 cutoff.
  • The Magic Eden wallet will switch to export-only by mid-March and be fully discontinued in early April, with Crypto Briefing reporting April 1 for the final shutdown.
  • Users have been urged to withdraw assets from the closing markets and the multi-chain wallet ahead of the deprecation windows, with the company promising instructions and reminders.
  • Support for Solana-based NFTs will continue without interruption as Magic Eden reallocates resources to its original marketplace.
  • CEO Jack Lu described a broader pivot that centers on Solana products such as Packs and the Dicey iGaming platform, citing costs tied to products delivering a minority of revenue.