The NFT market has reached a new milestone of $4.8 billion, a significant event for the community driven by active demand for Ethereum-based collections.
Growth of NFT Market Capitalization
The NFT market cap has reached $4.8 billion, marking a notable milestone as it surpasses the $4.6 billion mark for the first time since February 2025. This information is based on CoinGecko data.
Dynamics of Activity and Trading Volume
The rise above $4.6 billion reflects ongoing market interest in NFTs. Trading volume has increased to $6.34 million, with Ethereum-based collections leading the surge. However, there has been no new institutional investment.
Outlook and Lack of Official Comments
While trading volumes have surged, recorded changes have not been accompanied by comments from industry leaders. Historical trends indicate that previous surges rarely had a significant impact on DeFi TVL.
In conclusion, the NFT market cap reaching $4.8 billion indicates sustained interest in this market, although the absence of institutional investment changes suggests a potential increase in speculative activity.
