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So Magic Eden is really abandoning Bitcoin and EVM chains... I have to admit I was surprised when I saw that. Well, technically the platform isn't shutting down completely, but saying they're refocusing on Solana is an understatement. They're leaving the Bitcoin market where they had 80% market share, which is huge.
The thing that's stressing people out right now is that the multi-chain wallet becomes "export only" starting April 1st, and after May 1st it will be completely dead. If you have stuff in there, you really need to export your seed phrase now and move it to MetaMask or another wallet before it's too late.
It's a pretty strange pivot anyway. Magic Eden is betting everything on Solana and their games (Dicey), but look at the ME token price — down 87% over 6 months to $0.10. Not sure that's enough to turn things around. It's true that in 2026 many projects are scaling back, but abandoning Bitcoin is still a strong signal.