Magic Eden to Shut Down Bitcoin and EVM Markets Along with Multi-Chain Wallet

Magic Eden Shifts Strategy: Exits Bitcoin and EVM Markets

According to insiders, NFT marketplace Magic Eden is set to phase out its Bitcoin and EVM markets, along with its multi-chain wallet services. The decision marks a strategic pivot toward focusing on its core Solana-based offerings.

Reports indicate that Magic Eden is expected to formally announce the shutdown timeline as early as Friday, with the Bitcoin and EVM markets closing by early March.

Multi-Chain Wallet to Be Fully Discontinued

The platform's cross-chain wallet will also be phased out. Starting mid-March, the wallet will shift to asset-export-only mode, with full service termination expected by early April.

• Bitcoin market to close by early March
• EVM marketplace to cease operations
• Wallet support winding down

Despite these changes, Magic Eden will continue supporting NFTs and digital assets on the Solana blockchain without interruption.