NFT Lending Plummets by 97%: Is There Potential for Revival?
The NFT lending market has experienced a significant slowdown, with loan volumes falling 83% since January 2025 and 97% from January 2024. At its peak, platforms like Blur’s Blend and NFTfi attracted traders looking to access liquidity without selling their NFTs.
However, decreased interest indicates that the hype around NFT lending is waning in light of current market conditions. This downturn is linked to the wider slump in the NFT market, with many top-tier collections seeing a drop in their floor prices. To rekindle the sector, new strategies such as integrating real-world asset NFTs, simplifying interfaces, and evolving beyond traditional peer-to-peer lending towards smarter infrastructure could be essential.
it’s been a very hectic and stressful week
here’s my reflections on the @stayloudio experiment so far:
1) support has been incredible and it’s been amazing to witness so many people coming together theorising, giving feedback, making memes and just outright having fun
2) most IAO participants are sitting on a 100x and I overall believe it was extremely fair distribution and a success
3) launch has been hectic, delays and unmet timelines caused some confusion and I want to apologise for it, especially to the Asian frens
4) liquidity deployment could have been further optimised for volatility and volume capture, a few secondary concentrated LPs were deployed in the current price range lowering slippage / volatility and leaking some fees from the POL pool -> especially on this one I think there’s room for optimization and would love to get more feedback
5) $350k in SOL fees so far have built up a decent war chest that should attract some top KOLs and start off the flywheel, overall pretty impressive
6) looking at the IAO data, most participants were real people. most people that were whitelisted for phase 2 that I talked to managed to get in which makes me very happy. some last minute changes to the frontend code prevented most automated bots from getting in
7) im overall excited for the week ahead, it’s been extremely stressful but also fun. very thankful to everyone that made this experiment coming to life possible
I would like to again apologise to everyone that got affected due to bad timezones and confusion. no launch is perfect and i agree this could have been handled better
remember this is an experiment that we’re all taking part in and have a voice in shaping, make yourself heard and leave feedback!
thanks again everyone, can’t wait to see how the future of loud plays out
Loudio.
☕️ GM! Here are the top events in #Crypto from the past 24 hours
📊Market Updates
🔸BlackRock’s Bitcoin ETF ends 31-day inflow streak with record $430.8M outflow as total BTC ETF outflows hit $616M on May 30.
🔸SharpLink Gaming plans $1B ETH buy after launching an Ethereum treasury strategy and naming Joseph Lubin as chairman.
🔸SEC questions if REX-Osprey's staked SOL and ETH funds qualify as ETFs due to their rare c-corp structure, raising regulatory concerns.
🔸Brazil’s Méliuz plans $78M equity raise to buy Bitcoin, calling it a key treasury asset.
🌟Highlights
🔸Stealth-mode stablecoin startup Atticus nears $2B valuation in round led by Anduril’s Palmer Luckey with backing from Haun Ventures.
🔸Uphold explores XRP yield via Flare staking and plans to relaunch its crypto debit card and salary deposit rewards in the US.
🔸NYC Comptroller rejects Mayor Adams’ “BitBond” plan, calling it fiscally irresponsible and risky for the city’s credit and legal standing.
🔸IMF raises concerns over Pakistan’s plan to allocate 2,000 MW for Bitcoin mining amid energy crisis and ongoing budget negotiations.
🔸Jamie Dimon says the US should stockpile missiles not bitcoin, warning of defense gaps and downplaying digital asset reserve plans.
🔸Reform UK becomes first British party to accept crypto donations, pledging tax cuts and a digital finance bill if elected.
ADA Faces Volatility After SEC Lawsuit Dropped, Robust Trading and Brave Wallet Integration Fuel Activity
Cardano (ADA) is currently trading at $0.6634, down 2.05% over the past 24 hours, with trading volumes remaining robust across major exchanges. The recent price decline follows a period of heightened activity, including a 20% surge in ADA/JPY trading pairs as Japan shows increased interest in cryptocurrencies, and the SEC dropping its lawsuit against Cardano, which provided greater legal clarity and briefly boosted sentiment. However, short-term bearish divergence and signs of market fatigue have led to cautious trading, with analysts forecasting ADA to trade in the $0.66–$0.86 range through June. Recent developments, such as the integration with Brave Wallet and discussions around a potential ADA ETF, have contributed to volatility, but the current pullback appears driven by technical factors and profit-taking after recent gains.