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Blue Chip and Metaverse NFTs propel growth of NFT Market, says Nansen report

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The NFT market cap could hit $80M by 2025, as generative art continues to capture the interest of speculators.

): Nansen NFT-500, Nansen Blue Chip-10, Nansen Social-100, Nansen Gaming-50, Nansen Art-20 and Nansen Metaverse-20.

Louisa Choe, research analyst at Nansen, stated that NFTs have"proven to resonate with retail investors over the past year" especially in Q1 of 2022, and added that only time will tell which sectors become the market's driving force as more and more artists, creators and builders innovate.

 

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