NFT Digest 47, May 2025
NFTScan is largest NFT data infrastructure, supporting a comprehensive range of NFT data across multiple blockchain networks.
The company has undoubtedly been and remains a leader, but is clearly in difficulty. I would like to hear comments from the team.
As of June 2025, there have been no official announcements from NFTScan regarding the shutdown of any blockchain support within its NFT explorer.
It's worth noting that certain blockchains have experienced significant declines in NFT activity. For instance, the Cronos EVM network saw NFT sales drop to just 86 transactions involving 72 wallets on December 6, 2024, marking an all-time low since its launch .
I realize that such cases are not good for business, we just want more transparency for users.
Given that NFTScan is the data provider for Coinmarketcap, I recommend checking the data against several sources
Below is a chronology of the service's disabling of network support.
NFTScan in January 31st 2025 and 25 chains.
NFTScan in February, 26th 2025 and 21 chains.
NFTScan in March, 19th 2025 and 13 chains.
NFTScan now and 8 chains.
News
The Infinite Node Foundation (NODE), a non-profit endowment dedicated to the conservation of digital art, announced that it has acquired all intellectual property rights to CryptoPunks from Yuga Labs. This purchase provides long-term stewardship of CryptoPunks and launches an ambitious program of collaborations with museums to bring them into leading art institutions around the world. NODE is creating a networked architecture that will allow digital art like CryptoPunks to be studied, exhibited, and contextualized within digital and historical canons.
After losing a key legal battle with Epic Games, Apple has eased App Store restrictions. Mobile apps in the US can now support NFT sales. NFT projects such as OpenSea Open Sea and Magic Eden can finally offer direct purchase options in their iOS apps, rather than just browsing interfaces, which was previously a major limitation. In addition, this decision also prohibited Apple from charging its 27% fee n on external purchases, paving the way for more cryptocurrency apps to become accessible and profitable.
The first perpetual futures DEX for NFTs nftperp goes out of business
40acres launched Delegated Repayment. Now you can combine yield from multiple veNFTs to repay the loan on a single veNFT you own.
Starknet introduced Broly: trust-minimized Bitcoin inscriptions directly from your Starknet wallet. Broly is a POC that enables users to create Bitcoin inscriptions via Starknet without owning BTC or interacting directly with the Bitcoin network – securely, easily, and in a trust-minimized way. Broly runs an order book of inscription requests on Starknet, handles the Bitcoin transactions in the background, and uses smart contracts to prove that the transactions are valid.
Liquity V2, the next-gen DeFi protocol, whose borrow positions are represented by "Trove" NFTs, launched on the Ethereum mainnet with a suite of new optimized features.
Brave, the privacy-focused web browser, has unveiled the ".brave" domain — an onchain domain in partnership with Unstoppable Domains. This makes Brave the first browser to introduce its own blockchain-based TLD, allowing users to replace complex cryptocurrency wallet addresses with human-readable names. The .brave domains can be minted as non-fungible tokens on the Polygon blockchain, giving users ownership and control without renewal fees. They resolve across multiple networks, including Sonic, Solana, Ethereum, Base, and Bitcoin. Direct resolution of .brave domains will be supported in Brave Browser and Brave Wallet starting with version 1.81, available in Nightly builds and targeted for release in August of this year. Brave said the firm and Unstoppable Domains are exploring ICANN general top-level domain (gTLD) registration for 2026 to enable .brave domains to function across both Web2 and Web3 environments.
Seedphrase — released Seedphrase AI. Seedphrase AI is a custom LLM focused on digital art, built to serve as a powerful research and analytics companion. It combines on-chain data with real-world social signals to offer the most advanced insights possible in seconds. The long-term vision is for Seedphrase AI to become a fully autonomous intelligence, potentially even a collector itself one day. This is just an early iteration of a much bigger vision.
You can now borrow wETH against your favorite ERC-20 tokens using GONDI's custom-built vaults.
Telegram presents Gift Marketplace. You can use Telegram Stars to buy gifts from other users in a safe, easy-to-use gift marketplace. It not only expands the selection but also lets you sell your own gifts to earn Stars for new ones.
- Current Gifts' marketcap is $77,520,845
- Plush Pepe is the most expensive gift
Development
Shape unveiled Builder Kit, a starter template for building NFT apps
Features
- Next.js 15 with App Router and React 19
- Web3 Integration with Wagmi v2 and RainbowKit
- React Query for data fetching
- Shape Network support (Mainnet & Sepolia)
- Alchemy SDK for performant blockchain interactions
- TypeScript for type safety
- Tailwind CSS with theming and dark mode support
- Shadcn/ui for a large range of fully customizable and themable components
- Error Boundaries for graceful error handling
Market
Disclaimer. To date, analytical tools are still evolving and provide only approximate data that do not cover all chains, DAG systems and other types of distributed ledgers, as well as NFTs or less common types, such as utility or financial.
Global Markets (30D). All the data has decreased.
NFT Marketcap is over $1,9 billions.
NFT Sales Volume is over $194 millions.
Total Sales is 1,618,479.
Total chain users grow up. Base strengthens leadership.
Bitcoin flipped Solana by trading revenue.
No change in the top three.
Polygon is the top by royalties.
Opensea is increasing its lead thanks to public Opensea 2 launch and the new reward program
Nevertheless, Opensea is significantly less than Magiс Eden by trading revenue.
Opensea is the leader by volume.
NFT aggregator and launchpad on Polygon, Dew is the undisputed leader.
Courtyard collection again is a leader.
Blockchains by NFT Sales Volume. Ethereum is a volume driver for NFT market but it's falling with all other networks.
NFT lending stats
NFT Lending TVL for all chains in April.
Top-10 NFT lending protocols.
