Solana Spaces gives fans final week to snag free merch ahead of shut down in Miami, NYC

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Quick Take

  • Solana Spaces is giving fans a final week in Miami and New York to snag free merchandise before it shuts down.
  • Dubbed “web3, in real life,” Solana Spaces operated stores and event spaces in Miami’s trendy Wynwood neighborhood and New York’s Hudson Yards. 

Solana Spaces is giving fans a final week to snag free merchandise before it shuts down stores after hosting more than 75,000 people and nearly 50 events.

"We’ve made the difficult decision to sunset our stores in NYC and Miami by the end of February, and to pivot our Solana onboarding efforts into digital products like DRiP, our free NFT product with more than 100k sign-ups," founder and CEO Vibhu Norby said on Twitter

Promoting a vision of "web3, in real life," Solana Spaces operated stores and event spaces in New York's Hudson Yards district and Miami's trendy Wynwood neighborhood, where in-the-know fans somewhat sardonically sought out FTX-related merchandise after the exchange collapsed last year.

Initially funded by the Solana Foundation, its closing mirrors tougher, post-FTX times on the Solana network with the native SOL token losing 72% of its value over the past year. 

"This week is your last week to come by our stores, take one last picture, and pick up your Solana merch." Norby wrote. "I’ve instructed our retail team to be ultra generous."


© 2025 The Block. All Rights Reserved. This article is provided for informational purposes only. It is not offered or intended to be used as legal, tax, investment, financial, or other advice.

AUTHOR

Nathan Crooks is the U.S managing editor at The Block, based in Miami. He was previously at Bloomberg News for 12 years, where he helmed coverage of South Florida after roles as a breaking news editor and bureau chief in Caracas, Venezuela. He's interviewed presidents, government ministers and CEOs, and, besides crypto, has covered major news events on the ground from earthquakes to hurricanes to the Chilean mine rescue in 2018. Nathan, a native of Clarion, Pennsylvania, holds a bachelor's degree from the University of Toronto, where he completed a specialist in political science, and an MBA from American University in Washington, D.C.

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Editor

To contact the editor of this story: Michael McSweeney at [email protected]

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