NFT Market Recovery: Blue Chips Lead as Utility Collections Rise
NFT volumes are climbing again as blue-chip floors stabilize and utility-driven collections find real product-market fit.
By Sofia Antonelli··5 min read
The recovery is quieter than the last cycle
NFT trading volumes have climbed steadily for three quarters, though nothing about the recovery resembles the frenzy of 2021.
Blue-chip collections have stabilized, and a new generation of utility NFTs — tickets, memberships, in-game items — is showing durable demand.
Culture meets infrastructure
Cheap L2 mints and better wallet UX have removed most of the friction that killed casual NFT interest. Creators can experiment with editions, drops and gated content without pricing out fans.
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