• bitcoinBitcoin (BTC) $ 96,500.00
  • ethereumEthereum (ETH) $ 2,657.25
  • tetherTether (USDT) $ 1.00
  • xrpXRP (XRP) $ 2.43
  • solanaSolana (SOL) $ 201.36
  • bnbBNB (BNB) $ 626.25
  • usd-coinUSDC (USDC) $ 1.00
  • dogecoinDogecoin (DOGE) $ 0.254110
  • staked-etherLido Staked Ether (STETH) $ 2,650.93
  • cardanoCardano (ADA) $ 0.695283
  • tronTRON (TRX) $ 0.237005
  • wrapped-bitcoinWrapped Bitcoin (WBTC) $ 96,332.00
  • chainlinkChainlink (LINK) $ 18.81
  • wrapped-stethWrapped stETH (WSTETH) $ 3,161.94
  • avalanche-2Avalanche (AVAX) $ 25.19
  • stellarStellar (XLM) $ 0.323558
  • the-open-networkToncoin (TON) $ 3.82
  • suiSui (SUI) $ 3.07
  • shiba-inuShiba Inu (SHIB) $ 0.000016
  • leo-tokenLEO Token (LEO) $ 9.83
  • hedera-hashgraphHedera (HBAR) $ 0.235250
  • usdsUSDS (USDS) $ 1.00
  • litecoinLitecoin (LTC) $ 108.81
  • hyperliquidHyperliquid (HYPE) $ 23.25
  • bitget-tokenBitget Token (BGB) $ 6.42
  • wethWETH (WETH) $ 2,657.35
  • polkadotPolkadot (DOT) $ 4.83
  • bitcoin-cashBitcoin Cash (BCH) $ 328.33
  • ethena-usdeEthena USDe (USDE) $ 1.00
  • mantra-daoMANTRA (OM) $ 5.87
  • uniswapUniswap (UNI) $ 9.28
  • wrapped-eethWrapped eETH (WEETH) $ 2,810.49
  • ondo-financeOndo (ONDO) $ 1.34
  • pepePepe (PEPE) $ 0.000010
  • moneroMonero (XMR) $ 219.20
  • whitebitWhiteBIT Coin (WBT) $ 27.23
  • nearNEAR Protocol (NEAR) $ 3.28
  • aaveAave (AAVE) $ 245.68
  • mantleMantle (MNT) $ 1.03
  • daiDai (DAI) $ 0.999904
  • aptosAptos (APT) $ 5.91
  • internet-computerInternet Computer (ICP) $ 7.04
  • official-trumpOfficial Trump (TRUMP) $ 16.74
  • susdssUSDS (SUSDS) $ 1.04
  • ethereum-classicEthereum Classic (ETC) $ 20.34
  • bittensorBittensor (TAO) $ 362.22
  • okbOKB (OKB) $ 47.08
  • gatechain-tokenGate (GT) $ 21.26
  • polygon-ecosystem-tokenPOL (ex-MATIC) (POL) $ 0.310469
  • vechainVeChain (VET) $ 0.032749
  • crypto-com-chainCronos (CRO) $ 0.094495
  • coinbase-wrapped-btcCoinbase Wrapped BTC (CBBTC) $ 96,516.00
  • algorandAlgorand (ALGO) $ 0.276682
  • kaspaKaspa (KAS) $ 0.088285
  • tokenize-xchangeTokenize Xchange (TKX) $ 28.02
  • render-tokenRender (RENDER) $ 4.33
  • jupiter-exchange-solanaJupiter (JUP) $ 0.839181
  • filecoinFilecoin (FIL) $ 3.35
  • first-digital-usdFirst Digital USD (FDUSD) $ 0.999339
  • cosmosCosmos Hub (ATOM) $ 4.63
  • fetch-aiArtificial Superintelligence Alliance (FET) $ 0.766109
  • arbitrumArbitrum (ARB) $ 0.457079
  • lombard-staked-btcLombard Staked BTC (LBTC) $ 96,505.00
  • fasttokenFasttoken (FTN) $ 3.93
  • celestiaCelestia (TIA) $ 3.09
  • binance-staked-solBinance Staked SOL (BNSOL) $ 207.59
  • binance-peg-wethBinance-Peg WETH (WETH) $ 2,650.62
  • ethenaEthena (ENA) $ 0.491528
  • kelp-dao-restaked-ethKelp DAO Restaked ETH (RSETH) $ 2,744.14
  • kucoin-sharesKuCoin (KCS) $ 12.20
  • solv-btcSolv Protocol SolvBTC (SOLVBTC) $ 96,098.00
  • optimismOptimism (OP) $ 1.08
  • xdce-crowd-saleXDC Network (XDC) $ 0.091613
  • raydiumRaydium (RAY) $ 4.89
  • immutable-xImmutable (IMX) $ 0.816449
  • blockstackStacks (STX) $ 0.909779
  • bonkBonk (BONK) $ 0.000018
  • lido-daoLido DAO (LDO) $ 1.52
  • injective-protocolInjective (INJ) $ 13.73
  • rocket-pool-ethRocket Pool ETH (RETH) $ 2,980.24
  • nexoNEXO (NEXO) $ 1.32
  • sonic-3Sonic (prev. FTM) (S) $ 0.415250
  • theta-tokenTheta Network (THETA) $ 1.32
  • movementMovement (MOVE) $ 0.545958
  • the-graphThe Graph (GRT) $ 0.133048
  • mantle-staked-etherMantle Staked Ether (METH) $ 2,805.02
  • flare-networksFlare (FLR) $ 0.021375
  • worldcoin-wldWorldcoin (WLD) $ 1.24
  • dexeDeXe (DEXE) $ 20.73
  • usual-usdUsual USD (USD0) $ 0.997630
  • jasmycoinJasmyCoin (JASMY) $ 0.022630
  • solv-protocol-solvbtc-bbnSolv Protocol SolvBTC.BBN (SOLVBTC.BB) $ 95,527.00
  • sei-networkSei (SEI) $ 0.229145
  • msolMarinade Staked SOL (MSOL) $ 254.58
  • galaGALA (GALA) $ 0.022138
  • the-sandboxThe Sandbox (SAND) $ 0.386668
  • eosEOS (EOS) $ 0.612882
  • flokiFLOKI (FLOKI) $ 0.000095
  • tezosTezos (XTZ) $ 0.894469
  • bittorrentBitTorrent (BTT) $ 0.00000087
  • ethereum-name-serviceEthereum Name Service (ENS) $ 25.43
  • chain-2Onyxcoin (XCN) $ 0.025734
  • ultimaUltima (ULTIMA) $ 19,146.06
  • iotaIOTA (IOTA) $ 0.222898
  • jupiter-staked-solJupiter Staked SOL (JUPSOL) $ 217.88
  • makerMaker (MKR) $ 904.82
  • flowFlow (FLOW) $ 0.504917
  • bitcoin-svBitcoin SV (BSV) $ 39.54
  • arbitrum-bridged-wbtc-arbitrum-oneArbitrum Bridged WBTC (Arbitrum One) (WBTC) $ 96,332.00
  • kaiaKaia (KAIA) $ 0.131367
  • neoNEO (NEO) $ 10.74
  • wbnbWrapped BNB (WBNB) $ 625.02
  • usddUSDD (USDD) $ 1.00
  • jito-governance-tokenJito (JTO) $ 2.55
  • virtual-protocolVirtuals Protocol (VIRTUAL) $ 1.15
  • pyth-networkPyth Network (PYTH) $ 0.196539
  • tether-goldTether Gold (XAUT) $ 2,863.57
  • renzo-restaked-ethRenzo Restaked ETH (EZETH) $ 2,749.55
  • dogwifcoindogwifhat (WIF) $ 0.696670
  • roninRonin (RON) $ 1.09
  • axie-infinityAxie Infinity (AXS) $ 4.25
  • curve-dao-tokenCurve DAO (CRV) $ 0.516356
  • binance-peg-dogecoinBinance-Peg Dogecoin (DOGE) $ 0.253876
  • fraxFrax (FRAX) $ 0.997612
  • mantle-restaked-ethMantle Restaked ETH (CMETH) $ 2,803.97
  • pudgy-penguinsPudgy Penguins (PENGU) $ 0.010250
  • aerodrome-financeAerodrome Finance (AERO) $ 0.827298
  • elrond-erd-2MultiversX (EGLD) $ 22.43
  • usdx-money-usdxusdx.money USDX (USDX) $ 0.999941
  • starknetStarknet (STRK) $ 0.240566
  • l2-standard-bridged-weth-baseL2 Standard Bridged WETH (Base) (WETH) $ 2,655.74
  • meowMEOW (MEOW) $ 0.006867
  • arweaveArweave (AR) $ 9.24
  • decentralandDecentraland (MANA) $ 0.323073
  • heliumHelium (HNT) $ 3.41
  • berachain-beraBerachain (BERA) $ 5.57
  • pax-goldPAX Gold (PAXG) $ 2,889.70
  • ether-fi-staked-ethether.fi Staked ETH (EETH) $ 2,654.83
  • paypal-usdPayPal USD (PYUSD) $ 1.00
  • spx6900SPX6900 (SPX) $ 0.612030
  • pumpbtcpumpBTC (PUMPBTC) $ 93,907.00
  • matic-networkPolygon (MATIC) $ 0.310587
  • arbitrum-bridged-weth-arbitrum-oneArbitrum Bridged WETH (Arbitrum One) (WETH) $ 2,657.25
  • dydx-chaindYdX (DYDX) $ 0.758891
  • chilizChiliz (CHZ) $ 0.059003
  • resolv-usrResolv USR (USR) $ 1.00
  • conflux-tokenConflux (CFX) $ 0.110956
  • beldexBeldex (BDX) $ 0.077047
  • telcoinTelcoin (TEL) $ 0.006831
  • beam-2Beam (BEAM) $ 0.010054
  • pendlePendle (PENDLE) $ 3.21
  • pancakeswap-tokenPancakeSwap (CAKE) $ 1.81
  • ecasheCash (XEC) $ 0.000026
  • zcashZcash (ZEC) $ 32.41
  • fartcoinFartcoin (FARTCOIN) $ 0.516256
  • insurance-2INSURANCE (INSURANCE) $ 27.43
  • bitcoin-avalanche-bridged-btc-bAvalanche Bridged BTC (Avalanche) (BTC.B) $ 96,448.00
  • coredaoorgCore (CORE) $ 0.533474
  • apecoinApeCoin (APE) $ 0.694652
  • wormholeWormhole (W) $ 0.174627
  • kavaKava (KAVA) $ 0.459107
  • true-usdTrueUSD (TUSD) $ 0.998349
  • akash-networkAkash Network (AKT) $ 1.96
  • clbtcclBTC (CLBTC) $ 96,561.00
  • reserve-rights-tokenReserve Rights (RSR) $ 0.008737
  • chex-tokenCHEX Token (CHEX) $ 0.481304
  • amp-tokenAmp (AMP) $ 0.005670
  • aioz-networkAIOZ Network (AIOZ) $ 0.406363
  • tbtctBTC (TBTC) $ 96,248.00
  • based-brettBrett (BRETT) $ 0.046492
  • compound-governance-tokenCompound (COMP) $ 51.76
  • gnosisGnosis (GNO) $ 176.79
  • morphoMorpho (MORPHO) $ 2.06
  • apenftAPENFT (NFT) $ 0.00000045
  • quantixaiQuantixAI (QAI) $ 84.50
  • deepDeepBook (DEEP) $ 0.175471
  • thorchainTHORChain (RUNE) $ 1.22
  • mina-protocolMina Protocol (MINA) $ 0.348403
  • stakestone-berachain-vault-tokenStakeStone Berachain Vault Token (BERASTONE) $ 2,617.82
  • super-oethSuper OETH (SUPEROETHB) $ 2,657.75
  • bridged-usdc-polygon-pos-bridgeBridged USDC (Polygon PoS Bridge) (USDC.E) $ 1.00
  • usdbUSDB (USDB) $ 1.01
  • hashnote-usycHashnote USYC (USYC) $ 1.08
  • coinbase-wrapped-staked-ethCoinbase Wrapped Staked ETH (CBETH) $ 2,896.14
  • eigenlayerEigenlayer (EIGEN) $ 1.70
  • zksyncZKsync (ZK) $ 0.108859
  • olympusOlympus (OHM) $ 24.29
  • newton-projectNewton Project (NEW) $ 0.009253
  • axelarAxelar (AXL) $ 0.428168
  • ai16zai16z (AI16Z) $ 0.350745
  • terra-lunaTerra Luna Classic (LUNC) $ 0.000070
  • trust-wallet-tokenTrust Wallet (TWT) $ 0.912531
  • ondo-us-dollar-yieldOndo US Dollar Yield (USDY) $ 1.07
  • ai-companionsAI Companions (AIC) $ 0.377605
  • polygon-pos-bridged-weth-polygon-posPolygon PoS Bridged WETH (Polygon POS) (WETH) $ 2,655.20
  • mimblewimblecoinMimbleWimbleCoin (MWC) $ 34.21
  • 1inch1inch (1INCH) $ 0.260331
  • ether-fi-staked-btcEther.fi Staked BTC (EBTC) $ 96,727.00
  • echelon-primeEchelon Prime (PRIME) $ 6.56
  • stader-ethxStader ETHx (ETHX) $ 2,789.38

Utility isn’t enough; NFTs need a playground too

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Utility isn’t enough; NFTs need a playground too

Non-fungible tokens continue to sweep across the world of Web3, flooding marketplaces like OpenSea with new collections emerging almost every day. As the NFT craze accelerates, it’s necessary to consider the real potential of these digital assets, and it all centers on the concept of “utility”.

Throughout the “crypto winter” that began in January 2022, the value of NFTs has suffered. Transaction volumes plummeted from the heady heights of the previous year when multi-million dollar NFT sales were hitting the headlines almost every day. The trade in NFTs fell from a high of $17 billion in January 2022 to just $46 million in September of that same year, representing a drop of 97%.

Part of the reason for these declines is the significant challenges faced by the NFT industry, such as the potential for scams, the lack of regulation, and the fact that blockchain infrastructure is not standardized. NFTs suffer from scalability issues, too, as we saw during the minting of the Stoner Cats NFTs when users lost more than $700,000 in collective ETH gas fees.

With NFTs facing so many challenges, there’s a clear and urgent need for digital assets to provide additional benefits to users. People need tangible reasons to want to buy and sell NFTs, and that’s where the utility will come into play.

Utility will overcome

Source

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