DappRadar analyst Sara Gherghelas said the metaverse may not be dead after NFT sales linked to virtual worlds recorded their second consecutive month of heightened activity.
Latest News on NFT
What are NFTs? NFTs explained in brief: Nonfungible tokens, or NFTs, are verifiably unique representations of digital and physical goods. Each NFT generally differs in makeup, and therefore likely differs in value as well.
In the physical world, U.S. dollars are fungible. No value is forfeited if a person trades any given paper U.S. dollar for a different paper U.S. dollar. On the other hand, something such as artwork is generally nonfungible. The “Mona Lisa” is not of equal value to “The Persistence of Memory,” as both artworks are unique, deriving value as such.
Based on distributed ledger technology, NFT crypto assets serve as a method of authentication for buyers of unique items, proving aspects such as ownership. NFTs became much more well known in 2020 and 2021. NFTs have potential for other use cases as well, such as companies tracking their internal resources or platforms verifying subscriptions and use.
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Christie’s auction house is reportedly closing its digital art department, but will continue to auction NFTs under a broader category.
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The NFT sector has yet to recapture the enthusiasm of 2021-2022, forcing many NFT-centric companies like OpenSea to pivot to more in-demand crypto use cases.
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The number of unique NFT buyers dropped below 200,000 in the first week of September, a 58% decline from 487,000 in mid-June.
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Whales are losing millions of dollars on the decline of the Trump-linked WLFI token, but most of the pre-sale participants are still holding the coin.
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DappRadar analyst Sara Gherghelas said the data shows clear signs that people are returning to the NFT space.
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RWAs may bring billions in climate investments onchain by offering a new blockchain-based “trust” layer for institutional investors.
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Growing decentralized trading and memecoin speculation from big investors are driving Avalanche’s blockchain activity, according to Nansen analysts.
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Crypto isn’t limited to trading. In 2025, crypto can be used to make some exciting, real-world purchases.
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RARI Foundation’s Anna Riabokon told Cointelegraph that all marketplace fee revenue will fund the rewards program.
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An X user known as Princess Hypio said they lost $170,000 in crypto and NFTs to a scammer who infiltrated a Discord server and pretended to have mutual friends.
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The official crypto token of Pudgy Penguins had a tough month, consistent with a broader decline in NFT markets and digital collectibles.
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The PSG1 comes with gaming-ready specs, a built-in crypto wallet and fingerprint security, marking Solana’s latest push into consumer hardware and Web3 gaming.
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Base’s 70% NFT trading volume surge to $47 million in the last 30 days puts it above competitors like Immutable and Solana.
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Pudgy Penguins, BAYC and Doodles led the decline over the past week, while CryptoPunks held on with only a 1.35% drop.
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