Find regular updates on NFT- the most trending sector of recent times without missing out on key developments and the latest happenings.
Instead of “evolving” into a global platform to trade any sort of onchain asset, OpenSea CEO Devin Finzer has denied rumors that the firm is shifting its focus away from non-fungible tokens (NFTs). This marks the beginning of OpenSea’s transition to “trade everything,” according to Finzer’s Friday post on X,
The metaverse industry is showing new energy following months of stagnation and NFT transactions in virtual worlds are showing strong growth trends. A recent study by DappRadar shows some promising news that users are slowly reentering digital spaces that have been deemed technological dead ends. The August statistics show that
Data from NFT tracker CryptoSlam shows that sales of non-fungible tokens (NFTs) reached over $574 million in July, the second-highest monthly volume this year. This was behind January’s $678.9 million, the highest monthly sales volume in 2025, yet it was a 47.6% rise from June’s $388.9 million. Surging Ethereum Collections
The NFT market roared to life on Monday, jumping more than 20% in a single day, with total market cap rising from $5.1b to $6.3b. After months of stagnation, renewed interest in Ethereum-based collections appears to be driving the sudden revival. CryptoPunks Sweep Triggers Ethereum NFT Rally A major catalyst
Non-fungible tokens are one of the admirable applications of blockchain technology. Ethereum has brought a viable network to launch and trade NFT collections, which led to the boom of NFTs in 2021 and 2022. However, their trading activity and the hype around NFTs diminished largely in the last couple of
A group of NFT holders has filed a class-action lawsuit against Nike, accusing the company of conducting a “rug pull” with its RTFKT. The lawsuit, filed in the U.S. District Court for the Eastern District of New York, seeks $5 million in damages. Led by RTFKT holder Jagdeep Cheema, the
Over the weekend, the crypto market showed a brief bullish return, much to the joy of investors. Bitcoin reclaimed $86K after the past week’s crash. Although it has currently returned to the $84K level, it has instilled hopes for a market recovery. Meanwhile, Trump’s memecoin, Official Trump, is set to
The Doodles NFT collection has achieved a remarkable $16 million in weekly trading volume following its announcement of $DOODS, a Solana-based meme coin. This surge marks the collection’s second-highest trading peak in 2024, demonstrating the growing trend of established Ethereum NFT projects expanding into Solana’s memecoin ecosystem. Strategic Evolution in
The U.S. Securities and Exchange Commission (SEC) has officially ended its investigation into OpenSea without filing charges. OpenSea’s CEO, Devin Finzer, described this move as a victory for the NFT industry. The SEC is closing its investigation into @opensea. This is a win for everyone who is creating and building
OpenSea has regained dominance in the Ethereum NFT marketplace, capturing 71.5% of the market share this past week. Four weeks ago, it held only 25.5%, with Blur leading the space. The surge aligns with OpenSea’s announcement of its long-awaited native token, $SEA, on Feb. 13. Since the announcement, OpenSea’s daily
