The NFT market continues to evolve, demonstrating resilience and innovation. While the initial speculative frenzy has cooled, its practical applications are expanding. Gaming NFTs are a significant driver, accounting for a large portion of transaction volume. Ethereum remains dominant in sales and market cap, with collections like CryptoPunks leading the way. The market is projected for substantial growth, with increasing integration into real-world assets, intellectual property, and even ticketing, indicating a move beyond pure collectibles towards utility-driven digital ownership.
