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The NFT lending frenzy has cooled dramatically, with active borrowers dropping 90% and lenders 78% over the past year. The non-fungible token lending market has collapsed, with monthly volume plunging to just $50 million in May, a staggering 97% drop…
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Ending the year on a high note, December’s sales of non-fungible tokens climbed to $877 million, making it the second-best month in 2024. Blockchain-based digital collectibles had a strong December, with $877 million in sales, making it the second-best month…
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Magic Eden maintains its dominance in the NFT marketplace, holding a 36.7% market share in August with a trading volume of nearly $123 million. Magic Eden solidified its position as the leading marketplace for non-fungible tokens in August, capturing 36.7%…
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As Bitcoin drops for the fourth consecutive day, non-fungible tokens (NFTs), once thought to be dead, have surprisingly had their best quarter since early 2023. Non-fungible tokens (NFTs) witnessed their best quarter in Q2 as the sector of digital collectibles…