NFT market faces severe contraction and platform closures – here's the latest: • Total NFT market cap plummeted from ~$9B in Jan 2025 to $2.7B in 2026 • Major NFT market faces severe contraction and platform closures – here's the latest: • Total NFT market cap plummeted from ~$9B in Jan 2025 to $2.7B in 2026 • Major
AINFT (NFT) Daily Market Analysis 22 February 2026
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NFT market faces severe contraction and platform closures – here's the latest: • Total NFT market cap plummeted from ~$9B in Jan 2025 to $2.7B in 2026 • Major platforms Nifty Gateway and Gemini's platform are shutting down (23 February 2026) • Daily sales volume down 13% to $42M, with key metrics falling over 30% • Nike sold its RTFKT NFT unit after Converse sales dropped 30% (December 2025) • Federal prosecutors dropped case against ex-OpenSea manager after appeal overturned conviction
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