Exchange Art to Cease Operations on August 1, 2026
The NFT art platform Exchange Art on the Solana blockchain has announced that it will cease operations on August 1, 2026. The platform stated that due to the prolonged downturn in the on-chain art market and the inability to find a sustainable financial path, it has decided to shut down. Users are required to access their accounts and extract necessary information before the shutdown, and all works and funds held in sales and custody contracts on the platform will be released to their owners before the closure. All artworks have been minted to the Solana blockchain and can be imported to other markets, ensuring that artists and collectors can secure their works without any additional actions.
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