Interest in NFT this year began to grow along with the rise of the entire crypto market. NFTs are increasing interest not only in Ethereum but also in many other chains. The Ethereum blockchain has always had the largest market capitalization of NFT collections.
However, a lot can change. According to analysts’ predictions, in 2023, the old-timers may be pushed out by more interesting new projects and platforms. NFTs may prove themselves in a completely new way, ceasing to be just expensive pixel art.
In 2023, NFTs had a trading volume of $870 million, of which $587 million came from collectibles, according to DappRadar’s report.
In 2022
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This year, NFTs will prove themselves and their usefulness by being more than just absurd pictures for fancy money. Amid the recession, Web3 is still drawing in new people, says crypto and NFT enthusiast under the nickname Daddy.
“I believe the NFT market will always be active, regardless of the price of crypto. Yes, I’ve seen significant growth in users just in the past year. The NFT & crypto market changes daily. And the amount of users will grow, so the dynamics of what people want is different. Right now, I think the focus should be onboarding new people to Web3,” he says.
Delphi Digital’s report says the NFT market could see a lot of changes this year:
*The 81 Ethereum NFT collections analyzed by DappRadar’s Value Estimator:
Bored Ape Kennel Club, CryptoPunks, Mutant Ape Yacht Club, Bored Ape Yacht Club, Meebits, Otherdeed for Otherside, God Hates NFTees, KILLABEARS, RENGA by DirtyRobot, DigiDaigaku, The Potatoz, Netvrk Land, DEGEN TOONZ COLLECTION, Pudgy Penguins, mfers, rektguy, Azuki, Rare Apepes, 10KTF, CryptoDickbutts S3, goblintownNFT, Tom Sachs Rocket Factory, Autoglyphs, Fluf World, Anthony Hopkins – The Eternal, CLONE X – X TAKASHI MURAKAMI, DourDarcels, Metakrew, Doodles V4, VeeFriends, Non-Fungible Soup, World of Women, Moonbirds Oddities, Bulls On The Block, CrypToadz by GREMPLIN, 0N1 Force, Adam Bomb Squad, 10KTF Gucci Grail, Pixelmon – Generation 1, The Wicked Craniums, Avastars, ALIENFRENS V2, Forgotten Runes, Lazy Lions, Moonbirds, Kaiju Kingz, DeadFellaz, Loot (for Adventurers), Wall St Bulls, Hashmasks, VeeFriends Series 2, CyberBrokers, Gutter Cat Gang, WebbLand, MutantCats, The Alien Boy, Cyberkongz VX, Invisible Friends, Animetas, NFT Worlds V2, Akutars, PUNKS Comic Special Edition, Cool Cats, Mekaverse, Cyber Kongz, Stoner Cats, Creature World NFT, Mindblowon V2, Murakami.Flowers Official, 3Landers, Anonymice, JUNGLE FREAKS BY TROSLEY, The Doge Pound, MetaHero Universe:, Generative Identities, Sneaky Vampire Syndicate, Sup Ducks, Vox Collectibles, Antonym: GENESIS, PXN: Ghost Divison, Karafuru V2, PUNKS Comic.
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