NFT lending volume crashes 97% as sector ‘matures’, says DappRadar

The NFT lending market has experienced a drastic decrease due to factors like the end of speculative incentives, falling prices, and liquidations. Key players emphasize that this sector is transitioning towards more sustainable and utility-focused models.

Experts believe the evolution of NFT lending includes integrating tokenized real-world assets as collateral, possibly revitalizing investor interest and attracting larger institutional players as the crypto ecosystem matures.

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