NFT market consolidates as focus shifts from speculation to utility – here's the latest: • Market cap fell below $1.5B, returning to pre-2021 levels, with MagicNFT market consolidates as focus shifts from speculation to utility – here's the latest: • Market cap fell below $1.5B, returning to pre-2021 levels, with Magic
AINFT (NFT) Daily Market Analysis 02 March 2026
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NFT market consolidates as focus shifts from speculation to utility – here's the latest: • Market cap fell below $1.5B, returning to pre-2021 levels, with Magic Eden winding down some marketplaces from March 2026 • Trading volume saw a 24-hour 26% increase to $4.5M, but 2025 total volume dropped 37% to $5.5B from 2024 • Polymarket odds for a 2026 NFT comeback hit 65%, while major collections like CryptoPunks are down 80% from peaks • Platforms like OpenSea and Zora are pivoting to DeFi, token trading, and "content as tokens" away from traditional NFTs • Gaming drove 38% of 2025 NFT activity, with "NFT utility" searches rising 52% as focus shifts to real-world use cases
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$0.0000003312$0.0000003312
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