Manga translation seems to be "dying"

I've come to noticed that the past year or two, manga has start dwindling in translation, as novels seems to take it's place. MU updates more and more (novels) than before, and manga seems to be "dying". We used to see a whole page on the update every day almost, now it's 1/3 or less.

Are we seeing death of translated manga in the coming years?

I don't know about death -- maybe just a slow continued decline -- but I agree it isn't as vibrant as it used to be, due to a number of factors.

Active translations list
Completed translations list
Dropped translations