NFT predicts an $80 million market cap by 2025.
The data analytics from Nansen highlighted the rapid growth of the NFT market over the cryptocurrency market year-to-date. According to the analytics, it predicts the market cap to rise to $80 million by 2025.
The volatility of each of these sectors may differ, and the Nansen report revealed that Blue Chip NFTs, which are categorized by market capitalization, are the least volatile. OpenSea chart-topping collections like Azuki, Clone X, and Doodleshave been categorized as Blue Chip NFTs. Despite a downturn in the global markets across most asset classes at the end of February 2022, the last 30 days saw an 5.9% increase in the NFT-500 in March.
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