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Altcoins & DeFi

NFT believers question the market as trading venues retreat in 2026

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NFT supporters have reopened the debate over the sector’s future on X as Nifty Gateway’s closure, Binance’s centralized marketplace exit, and Magic Eden’s withdrawal from Bitcoin and EVM trading have reduced the services available to collectors. NFT community posts express doubt, loyalty, and nostalgia as users debate the sector’s future. Nifty Gateway closed April 23, while Binance ended its centralized NFT service in July. Magic Eden announced its exit from Bitcoin and EVM markets while retaining Solana support. Courtyard recorded 123,504 weekly transactions in September, even as its sales value slipped. Mookie’s question, “Do you still believe in NFTs?”, drew responses expressing doubt, loyalty and nostalgia for the period when digital collectibles dominated crypto discussions. Other posts asked whether NFTs were dead or which projects remained undervalued.

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