Category: NFT News
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NFT Lending Volume Plummets 95% From 2024 High: DappRadar – “The Defiant”
NFT lending volume has dropped 95% from its January 2024 peak of $1 billion to $50 million in May 2025, with borrower and lender numbers also declining sharply, per DappRadar.
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Deadfellaz To Debut Ghost Machine NFT Collection on June 5
DFZ Labs announces Ghost Machine, a 50,000-piece hyper-pop art NFT collection launching June 5 on ApeChain. Deadfellaz and Deadfrenz holders can mint for free, with allowlist details coming soon.
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Enhancing NFT Utility and Intelligence: Roles for Oraichain, Pinlink, and RSS3
Oraichain, Pinlink, and RSS3 enhance NFT utility with AI, metadata, and DePIN integration, evolving NFTs into dynamic, interactive Web3 components by 2025.
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NFT Lending Market Crashes 97% as Users and Loan Sizes Plummet
The NFT lending market has crashed 97% from its 2024 peak, with GONDI now leading the sector. User activity and loan sizes have plummeted, signaling a need for real-world utility to revive the market.
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Real-world assets could revitalize dying NFT lending market: DappRadar
DappRadar suggests real-world asset integration could revive the struggling NFT lending market, which has seen a 97% volume drop since January 2024, with borrower activity declining by 90%.
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Too Early? ‘Networked’ Fashion Label 9dcc Is Shutting Down – Decrypt
Crypto fashion brand 9dcc is shutting down due to economic challenges and luxury retail softness. The company linked physical apparel to NFTs via NFC chips but may have been too early to market.