DappRadar: NFT lending market volume fell by 97% RWA is expected to revive
Gate News bot reports that the blockchain analysis platform DappRadar indicates that linking real-world assets (RWA) with NFTs is one of the key catalysts that could revitalize the declining NFT lending industry. DappRadar analyst Sara Gherghelas stated in a report on May 27 that the trading volume of the NFT lending market (which allows NFT holders to obtain loans by collateralizing tokens) has decreased by 97% from a peak of about $1 billion in January 2024 to $50 million in May.
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