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Fueled by record-breaking minting activity and a growing array of use cases, NFTs cemented themselves as a cornerstone crypto innovation in 2024.
The new year promises to push the boundaries of NFTs to the extremes as practical applications drive mainstream adoption and cultural breakthroughs redefine the concept of ownership, positioning this sector for even greater achievements in 2025 as momentum builds on all fronts!
From infrastructure improvements to price surges, here are five bold predictions that I believe will define the next chapter of the NFT revolution. 👇
📈 New Minting Records
The NFT space had its most active year yet, according to Electric Capital’s Annual Developer Report.
Empowered by low transaction fees on Ethereum’s Layer 2 solutions and growing competition from alternative Layer 1s, creators launched more NFT contracts than ever before and were met with equally robust demand: minting volumes, transactions, and the number of active minting wallets all reached all-time highs in 2024.
Looking ahead to 2025, the crypto space should brace itself for another wave of NFT innovation and activity….
