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.
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
Jack Inabinet
Jack Inabinet is a Senior Analyst with a passion for exploring the bleeding edge of crypto and finance. Prior to joining Bankless, Jack worked as an analyst at HAL Real Estate where he conducted market research and financial analysis for commercial real estate development and acquisition activities in the Seattle region. He graduated from the University of Washington’s Michael G. Foster School of Business.
