As December progresses and 2025 enters its final stretch, analysts are closely monitoring several developments shaping the digital asset landscape. Market behavior has become more selective, with attention shifting toward segments that have maintained structural relevance despite fluctuating liquidity. Among these, real world asset platforms have continued to attract interest, especially those focused on transparent ownership models and tokenized exposure.

In this context, one of the names appearing early in several analyst reports is RentStac and its token RNS. The project operates within the tokenized real estate segment and has been referenced in discussions focused on emerging RWA structures. Its presence in these conversations reflects the broader interest in asset backed frameworks rather than short term market performance.

Alongside RWAs, analysts are reviewing the positioning of major crypto assets, platforms linked to artificial intelligence and protocols that support large scale on chain operations. The final weeks of the year are seen as an important period as institutions prepare their outlook for early 2026.

Large Cap Assets Remain Central in End of Year Assessments

Bitcoin continues to be the primary reference point for evaluating market direction. Its price movements throughout December have remained measured, but the asset is still significant for interpreting liquidity conditions and institutional sentiment. Observers are also tracking factors connected to exchange traded products and macroeconomic expectations.

Ethereum maintains a key role due to its expanding layer 2 ecosystem and its continued relevance to applications involving decentralized finance and RWA infrastructure. The network remains a focal point for developers and institutions exploring on chain models that require programmability and reliable settlement conditions.

Several scalability oriented platforms are also part of analyst watchlists. These networks are being examined for their ability to support applications related to tokenization, automated cash flow systems and institutional workflows that may increase in activity during 2026.

Expanding Attention on Tokens Linked to Artificial Intelligence

During 2025, crypto assets connected to artificial intelligence have remained active areas of interest. Their relevance has grown as new use cases involving data automation, decentralized computation and model execution have been introduced across multiple ecosystems.

Analysts are focusing on projects that provide infrastructure capable of supporting scalable AI operations. This includes networks designed for distributed computing, verifiable datasets and automated coordination between applications. The segment continues to develop rapidly, although it often experiences short cycles of elevated attention followed by stabilization periods.

The Renewed Importance of Real World Asset Narratives

One of the strongest market themes in late 2025 is the consolidation of real world asset narratives. The RWA segment has seen steady expansion throughout the year due to increased regulatory clarity and new tokenization frameworks. The ability to represent physical assets, property and income generating instruments on chain has contributed to a more structured approach from both institutional and retail market observers.

Analysts highlight that platforms using special purpose vehicles, smart contract managed economic flows and non custodial frameworks reflect the direction the sector is moving toward. These systems introduce transparency, legal segmentation and operational traceability, characteristics that align with broader expectations for the next phase of on chain finance.

How RentStac Fits Into Analyst Watchlists

Within this broader narrative, RentStac has appeared in several discussions centered on the evolution of tokenized real estate. The project adopts a structure in which each property is placed into a dedicated SPV. The SPV legally holds the asset, establishing a direct connection between the physical property and its tokenized version.

RentStac applies fractional tokenization to divide each property into digital units. Economic flows associated with the assets are executed through smart contracts, covering distributions and operations linked to each SPV. The system is non custodial and separates responsibilities across investor, manager and validator roles. The native token RNS has a total supply of 2 billion tokens, and the public presale price was set at 0.025 USD.

These structural characteristics are the reason analysts include RentStac in their observations. The focus is not on short term performance, but on how the platform demonstrates the type of operational model that is becoming increasingly common in the RWA sector. Its framework aligns with the themes that have shaped the direction of tokenized real estate during 2025.

The Market Outlook as 2025 Ends and 2026 Begins

As the year concludes, the crypto market is preparing for a period of reassessment. Institutional activity, infrastructure developments and narrative shifts are interacting to form the basis of expectations for early 2026. While volatility remains present, several structural trends continue to guide market attention.

Real world asset systems are gaining recognition for combining familiar financial models with blockchain based transparency and automation. Fractional ownership mechanisms, SPV structures and smart contract orchestrated cash flows are becoming central components in the design of on chain financial frameworks.

This combination of technical evolution and regulatory progress suggests that RWA platforms will continue to play a significant role as the market transitions into 2026. Analysts indicate that the intersection between physical asset exposure and digital infrastructure will remain a key area for observation in the months ahead. The end of 2025 is therefore viewed as a pivotal moment for evaluating how tokenized systems may continue to shape the next phase of the crypto market.

For more information about RentStac (RNS), visit the links below:

Website: https://rentstac.com

Linktree: https://linktr.ee/RentStac

TL;DR

• Solana-based NFT marketplace Magic Eden secured a massive boost in its trading volume in March, surpassing Blur.
• Creator royalties program and its controversies.

Solana-based nonfungible token (NFT) platform Magic Eden enjoyed huge success in March. According to CoinGecko’s Q1 report, the NFT platform registered its biggest trading volume in March, leapfrogging high-flying firm Blur. In the report, CoinGecko highlighted that Magic Eden experienced a jump of about 194% to hit $765 million in trading volume.

Magic Eden achieves a remarkable feat

In the report, CoinGecko noted that Blur experienced slight success last month, registering a trading volume of about $530 million. The report also stated that the success was partly a result of the platform’s Diamond reward program and its extended partnership with Yuga Labs.

Monthly trading volume across Top 10 NFT marketplaces from 2023 Q4 – 2024 Q1. Source: CoinGecko.

The duo fostered their partnership around the period when the platform announced that it was cutting ties with NFT platforms without creator royalties.

The feat in March makes it six consecutive months that the platform has been up in terms of trading volume. The report highlighted that Blur had been the undisputed king of the NFT marketplace trading volume in the last few months before March. The last time a marketplace outperformed Blur was in December when the OKX NFT marketplace saw a surge fueled by Bitcoin Ordinals’ rise. Before that, Blur had posted the highest trading volume for 10 months in a row.

Creator royalties program and its controversies

OKX experienced a decline of about 73% in its trading volume due to losing a huge share of its Bitcoin trading volume to Magic Eden and another marketplace since December. Despite its market volume tanking, OKX came in third place in trading volume with Tensor and Opensea completing the top 5. Furthermore, the top 10 NFT marketplaces registered a cumulative trading volume of $4.7 billion, representing a 51% surge in Q1 compared to the last quarter.

Despite the rise in trading volume, the price of major NFTs has tanked significantly. High-flying projects Bored Ape Yacht Club (BAYC) and CryptoPunks saw a drop of 91% and 64% in their prices, respectively. Notably, both NFTs last hit their peak price in May 2022 and October 2021. NFT marketplaces and studios have been at loggerheads over the enforcement of creator royalties.

OpenSea recently announced that it had dropped its royalty enforcement tool. According to its CEO, Devin Finzer claimed that the tool didn’t experience any success as its rivals were evading it by using the Seaport protocol to avoid its blacklist thereby removing creator royalties. However, the company recently took a step back from this position when it announced its support for ERC-712C programmable earning standard.

TL;DR

• Solana-based NFT marketplace Magic Eden secured a massive boost in its trading volume in March, surpassing Blur.
• Creator royalties program and its controversies.

Solana-based nonfungible token (NFT) platform Magic Eden enjoyed huge success in March. According to CoinGecko’s Q1 report, the NFT platform registered its biggest trading volume in March, leapfrogging high-flying firm Blur. In the report, CoinGecko highlighted that Magic Eden experienced a jump of about 194% to hit $765 million in trading volume.

Magic Eden achieves a remarkable feat

In the report, CoinGecko noted that Blur experienced slight success last month, registering a trading volume of about $530 million. The report also stated that the success was partly a result of the platform’s Diamond reward program and its extended partnership with Yuga Labs.

Monthly trading volume across Top 10 NFT marketplaces from 2023 Q4 – 2024 Q1. Source: CoinGecko.

The duo fostered their partnership around the period when the platform announced that it was cutting ties with NFT platforms without creator royalties.

The feat in March makes it six consecutive months that the platform has been up in terms of trading volume. The report highlighted that Blur had been the undisputed king of the NFT marketplace trading volume in the last few months before March. The last time a marketplace outperformed Blur was in December when the OKX NFT marketplace saw a surge fueled by Bitcoin Ordinals’ rise. Before that, Blur had posted the highest trading volume for 10 months in a row.

Creator royalties program and its controversies

OKX experienced a decline of about 73% in its trading volume due to losing a huge share of its Bitcoin trading volume to Magic Eden and another marketplace since December. Despite its market volume tanking, OKX came in third place in trading volume with Tensor and Opensea completing the top 5. Furthermore, the top 10 NFT marketplaces registered a cumulative trading volume of $4.7 billion, representing a 51% surge in Q1 compared to the last quarter.

Despite the rise in trading volume, the price of major NFTs has tanked significantly. High-flying projects Bored Ape Yacht Club (BAYC) and CryptoPunks saw a drop of 91% and 64% in their prices, respectively. Notably, both NFTs last hit their peak price in May 2022 and October 2021. NFT marketplaces and studios have been at loggerheads over the enforcement of creator royalties.

OpenSea recently announced that it had dropped its royalty enforcement tool. According to its CEO, Devin Finzer claimed that the tool didn’t experience any success as its rivals were evading it by using the Seaport protocol to avoid its blacklist thereby removing creator royalties. However, the company recently took a step back from this position when it announced its support for ERC-712C programmable earning standard.

TL;DR

• Solana-based NFT marketplace Magic Eden secured a massive boost in its trading volume in March, surpassing Blur.
• Creator royalties program and its controversies.

Solana-based nonfungible token (NFT) platform Magic Eden enjoyed huge success in March. According to CoinGecko’s Q1 report, the NFT platform registered its biggest trading volume in March, leapfrogging high-flying firm Blur. In the report, CoinGecko highlighted that Magic Eden experienced a jump of about 194% to hit $765 million in trading volume.

Magic Eden achieves a remarkable feat

In the report, CoinGecko noted that Blur experienced slight success last month, registering a trading volume of about $530 million. The report also stated that the success was partly a result of the platform’s Diamond reward program and its extended partnership with Yuga Labs.

Monthly trading volume across Top 10 NFT marketplaces from 2023 Q4 – 2024 Q1. Source: CoinGecko.

The duo fostered their partnership around the period when the platform announced that it was cutting ties with NFT platforms without creator royalties.

The feat in March makes it six consecutive months that the platform has been up in terms of trading volume. The report highlighted that Blur had been the undisputed king of the NFT marketplace trading volume in the last few months before March. The last time a marketplace outperformed Blur was in December when the OKX NFT marketplace saw a surge fueled by Bitcoin Ordinals’ rise. Before that, Blur had posted the highest trading volume for 10 months in a row.

Creator royalties program and its controversies

OKX experienced a decline of about 73% in its trading volume due to losing a huge share of its Bitcoin trading volume to Magic Eden and another marketplace since December. Despite its market volume tanking, OKX came in third place in trading volume with Tensor and Opensea completing the top 5. Furthermore, the top 10 NFT marketplaces registered a cumulative trading volume of $4.7 billion, representing a 51% surge in Q1 compared to the last quarter.

Despite the rise in trading volume, the price of major NFTs has tanked significantly. High-flying projects Bored Ape Yacht Club (BAYC) and CryptoPunks saw a drop of 91% and 64% in their prices, respectively. Notably, both NFTs last hit their peak price in May 2022 and October 2021. NFT marketplaces and studios have been at loggerheads over the enforcement of creator royalties.

OpenSea recently announced that it had dropped its royalty enforcement tool. According to its CEO, Devin Finzer claimed that the tool didn’t experience any success as its rivals were evading it by using the Seaport protocol to avoid its blacklist thereby removing creator royalties. However, the company recently took a step back from this position when it announced its support for ERC-712C programmable earning standard.

TL;DR

• Solana-based NFT marketplace Magic Eden secured a massive boost in its trading volume in March, surpassing Blur.
• Creator royalties program and its controversies.

Solana-based nonfungible token (NFT) platform Magic Eden enjoyed huge success in March. According to CoinGecko’s Q1 report, the NFT platform registered its biggest trading volume in March, leapfrogging high-flying firm Blur. In the report, CoinGecko highlighted that Magic Eden experienced a jump of about 194% to hit $765 million in trading volume.

Magic Eden achieves a remarkable feat

In the report, CoinGecko noted that Blur experienced slight success last month, registering a trading volume of about $530 million. The report also stated that the success was partly a result of the platform’s Diamond reward program and its extended partnership with Yuga Labs.

Monthly trading volume across Top 10 NFT marketplaces from 2023 Q4 – 2024 Q1. Source: CoinGecko.

The duo fostered their partnership around the period when the platform announced that it was cutting ties with NFT platforms without creator royalties.

The feat in March makes it six consecutive months that the platform has been up in terms of trading volume. The report highlighted that Blur had been the undisputed king of the NFT marketplace trading volume in the last few months before March. The last time a marketplace outperformed Blur was in December when the OKX NFT marketplace saw a surge fueled by Bitcoin Ordinals’ rise. Before that, Blur had posted the highest trading volume for 10 months in a row.

Creator royalties program and its controversies

OKX experienced a decline of about 73% in its trading volume due to losing a huge share of its Bitcoin trading volume to Magic Eden and another marketplace since December. Despite its market volume tanking, OKX came in third place in trading volume with Tensor and Opensea completing the top 5. Furthermore, the top 10 NFT marketplaces registered a cumulative trading volume of $4.7 billion, representing a 51% surge in Q1 compared to the last quarter.

Despite the rise in trading volume, the price of major NFTs has tanked significantly. High-flying projects Bored Ape Yacht Club (BAYC) and CryptoPunks saw a drop of 91% and 64% in their prices, respectively. Notably, both NFTs last hit their peak price in May 2022 and October 2021. NFT marketplaces and studios have been at loggerheads over the enforcement of creator royalties.

OpenSea recently announced that it had dropped its royalty enforcement tool. According to its CEO, Devin Finzer claimed that the tool didn’t experience any success as its rivals were evading it by using the Seaport protocol to avoid its blacklist thereby removing creator royalties. However, the company recently took a step back from this position when it announced its support for ERC-712C programmable earning standard.

TL;DR

• Solana-based NFT marketplace Magic Eden secured a massive boost in its trading volume in March, surpassing Blur.
• Creator royalties program and its controversies.

Solana-based nonfungible token (NFT) platform Magic Eden enjoyed huge success in March. According to CoinGecko’s Q1 report, the NFT platform registered its biggest trading volume in March, leapfrogging high-flying firm Blur. In the report, CoinGecko highlighted that Magic Eden experienced a jump of about 194% to hit $765 million in trading volume.

Magic Eden achieves a remarkable feat

In the report, CoinGecko noted that Blur experienced slight success last month, registering a trading volume of about $530 million. The report also stated that the success was partly a result of the platform’s Diamond reward program and its extended partnership with Yuga Labs.

Monthly trading volume across Top 10 NFT marketplaces from 2023 Q4 – 2024 Q1. Source: CoinGecko.

The duo fostered their partnership around the period when the platform announced that it was cutting ties with NFT platforms without creator royalties.

The feat in March makes it six consecutive months that the platform has been up in terms of trading volume. The report highlighted that Blur had been the undisputed king of the NFT marketplace trading volume in the last few months before March. The last time a marketplace outperformed Blur was in December when the OKX NFT marketplace saw a surge fueled by Bitcoin Ordinals’ rise. Before that, Blur had posted the highest trading volume for 10 months in a row.

Creator royalties program and its controversies

OKX experienced a decline of about 73% in its trading volume due to losing a huge share of its Bitcoin trading volume to Magic Eden and another marketplace since December. Despite its market volume tanking, OKX came in third place in trading volume with Tensor and Opensea completing the top 5. Furthermore, the top 10 NFT marketplaces registered a cumulative trading volume of $4.7 billion, representing a 51% surge in Q1 compared to the last quarter.

Despite the rise in trading volume, the price of major NFTs has tanked significantly. High-flying projects Bored Ape Yacht Club (BAYC) and CryptoPunks saw a drop of 91% and 64% in their prices, respectively. Notably, both NFTs last hit their peak price in May 2022 and October 2021. NFT marketplaces and studios have been at loggerheads over the enforcement of creator royalties.

OpenSea recently announced that it had dropped its royalty enforcement tool. According to its CEO, Devin Finzer claimed that the tool didn’t experience any success as its rivals were evading it by using the Seaport protocol to avoid its blacklist thereby removing creator royalties. However, the company recently took a step back from this position when it announced its support for ERC-712C programmable earning standard.

TL;DR

• Solana-based NFT marketplace Magic Eden secured a massive boost in its trading volume in March, surpassing Blur.
• Creator royalties program and its controversies.

Solana-based nonfungible token (NFT) platform Magic Eden enjoyed huge success in March. According to CoinGecko’s Q1 report, the NFT platform registered its biggest trading volume in March, leapfrogging high-flying firm Blur. In the report, CoinGecko highlighted that Magic Eden experienced a jump of about 194% to hit $765 million in trading volume.

Magic Eden achieves a remarkable feat

In the report, CoinGecko noted that Blur experienced slight success last month, registering a trading volume of about $530 million. The report also stated that the success was partly a result of the platform’s Diamond reward program and its extended partnership with Yuga Labs.

Monthly trading volume across Top 10 NFT marketplaces from 2023 Q4 – 2024 Q1. Source: CoinGecko.

The duo fostered their partnership around the period when the platform announced that it was cutting ties with NFT platforms without creator royalties.

The feat in March makes it six consecutive months that the platform has been up in terms of trading volume. The report highlighted that Blur had been the undisputed king of the NFT marketplace trading volume in the last few months before March. The last time a marketplace outperformed Blur was in December when the OKX NFT marketplace saw a surge fueled by Bitcoin Ordinals’ rise. Before that, Blur had posted the highest trading volume for 10 months in a row.

Creator royalties program and its controversies

OKX experienced a decline of about 73% in its trading volume due to losing a huge share of its Bitcoin trading volume to Magic Eden and another marketplace since December. Despite its market volume tanking, OKX came in third place in trading volume with Tensor and Opensea completing the top 5. Furthermore, the top 10 NFT marketplaces registered a cumulative trading volume of $4.7 billion, representing a 51% surge in Q1 compared to the last quarter.

Despite the rise in trading volume, the price of major NFTs has tanked significantly. High-flying projects Bored Ape Yacht Club (BAYC) and CryptoPunks saw a drop of 91% and 64% in their prices, respectively. Notably, both NFTs last hit their peak price in May 2022 and October 2021. NFT marketplaces and studios have been at loggerheads over the enforcement of creator royalties.

OpenSea recently announced that it had dropped its royalty enforcement tool. According to its CEO, Devin Finzer claimed that the tool didn’t experience any success as its rivals were evading it by using the Seaport protocol to avoid its blacklist thereby removing creator royalties. However, the company recently took a step back from this position when it announced its support for ERC-712C programmable earning standard.

TL;DR

• Solana-based NFT marketplace Magic Eden secured a massive boost in its trading volume in March, surpassing Blur.
• Creator royalties program and its controversies.

Solana-based nonfungible token (NFT) platform Magic Eden enjoyed huge success in March. According to CoinGecko’s Q1 report, the NFT platform registered its biggest trading volume in March, leapfrogging high-flying firm Blur. In the report, CoinGecko highlighted that Magic Eden experienced a jump of about 194% to hit $765 million in trading volume.

Magic Eden achieves a remarkable feat

In the report, CoinGecko noted that Blur experienced slight success last month, registering a trading volume of about $530 million. The report also stated that the success was partly a result of the platform’s Diamond reward program and its extended partnership with Yuga Labs.

Monthly trading volume across Top 10 NFT marketplaces from 2023 Q4 – 2024 Q1. Source: CoinGecko.

The duo fostered their partnership around the period when the platform announced that it was cutting ties with NFT platforms without creator royalties.

The feat in March makes it six consecutive months that the platform has been up in terms of trading volume. The report highlighted that Blur had been the undisputed king of the NFT marketplace trading volume in the last few months before March. The last time a marketplace outperformed Blur was in December when the OKX NFT marketplace saw a surge fueled by Bitcoin Ordinals’ rise. Before that, Blur had posted the highest trading volume for 10 months in a row.

Creator royalties program and its controversies

OKX experienced a decline of about 73% in its trading volume due to losing a huge share of its Bitcoin trading volume to Magic Eden and another marketplace since December. Despite its market volume tanking, OKX came in third place in trading volume with Tensor and Opensea completing the top 5. Furthermore, the top 10 NFT marketplaces registered a cumulative trading volume of $4.7 billion, representing a 51% surge in Q1 compared to the last quarter.

Despite the rise in trading volume, the price of major NFTs has tanked significantly. High-flying projects Bored Ape Yacht Club (BAYC) and CryptoPunks saw a drop of 91% and 64% in their prices, respectively. Notably, both NFTs last hit their peak price in May 2022 and October 2021. NFT marketplaces and studios have been at loggerheads over the enforcement of creator royalties.

OpenSea recently announced that it had dropped its royalty enforcement tool. According to its CEO, Devin Finzer claimed that the tool didn’t experience any success as its rivals were evading it by using the Seaport protocol to avoid its blacklist thereby removing creator royalties. However, the company recently took a step back from this position when it announced its support for ERC-712C programmable earning standard.

TL;DR

• Solana-based NFT marketplace Magic Eden secured a massive boost in its trading volume in March, surpassing Blur.
• Creator royalties program and its controversies.

Solana-based nonfungible token (NFT) platform Magic Eden enjoyed huge success in March. According to CoinGecko’s Q1 report, the NFT platform registered its biggest trading volume in March, leapfrogging high-flying firm Blur. In the report, CoinGecko highlighted that Magic Eden experienced a jump of about 194% to hit $765 million in trading volume.

Magic Eden achieves a remarkable feat

In the report, CoinGecko noted that Blur experienced slight success last month, registering a trading volume of about $530 million. The report also stated that the success was partly a result of the platform’s Diamond reward program and its extended partnership with Yuga Labs.

Monthly trading volume across Top 10 NFT marketplaces from 2023 Q4 – 2024 Q1. Source: CoinGecko.

The duo fostered their partnership around the period when the platform announced that it was cutting ties with NFT platforms without creator royalties.

The feat in March makes it six consecutive months that the platform has been up in terms of trading volume. The report highlighted that Blur had been the undisputed king of the NFT marketplace trading volume in the last few months before March. The last time a marketplace outperformed Blur was in December when the OKX NFT marketplace saw a surge fueled by Bitcoin Ordinals’ rise. Before that, Blur had posted the highest trading volume for 10 months in a row.

Creator royalties program and its controversies

OKX experienced a decline of about 73% in its trading volume due to losing a huge share of its Bitcoin trading volume to Magic Eden and another marketplace since December. Despite its market volume tanking, OKX came in third place in trading volume with Tensor and Opensea completing the top 5. Furthermore, the top 10 NFT marketplaces registered a cumulative trading volume of $4.7 billion, representing a 51% surge in Q1 compared to the last quarter.

Despite the rise in trading volume, the price of major NFTs has tanked significantly. High-flying projects Bored Ape Yacht Club (BAYC) and CryptoPunks saw a drop of 91% and 64% in their prices, respectively. Notably, both NFTs last hit their peak price in May 2022 and October 2021. NFT marketplaces and studios have been at loggerheads over the enforcement of creator royalties.

OpenSea recently announced that it had dropped its royalty enforcement tool. According to its CEO, Devin Finzer claimed that the tool didn’t experience any success as its rivals were evading it by using the Seaport protocol to avoid its blacklist thereby removing creator royalties. However, the company recently took a step back from this position when it announced its support for ERC-712C programmable earning standard.

TL;DR

• Solana-based NFT marketplace Magic Eden secured a massive boost in its trading volume in March, surpassing Blur.
• Creator royalties program and its controversies.

Solana-based nonfungible token (NFT) platform Magic Eden enjoyed huge success in March. According to CoinGecko’s Q1 report, the NFT platform registered its biggest trading volume in March, leapfrogging high-flying firm Blur. In the report, CoinGecko highlighted that Magic Eden experienced a jump of about 194% to hit $765 million in trading volume.

Magic Eden achieves a remarkable feat

In the report, CoinGecko noted that Blur experienced slight success last month, registering a trading volume of about $530 million. The report also stated that the success was partly a result of the platform’s Diamond reward program and its extended partnership with Yuga Labs.

Monthly trading volume across Top 10 NFT marketplaces from 2023 Q4 – 2024 Q1. Source: CoinGecko.

The duo fostered their partnership around the period when the platform announced that it was cutting ties with NFT platforms without creator royalties.

The feat in March makes it six consecutive months that the platform has been up in terms of trading volume. The report highlighted that Blur had been the undisputed king of the NFT marketplace trading volume in the last few months before March. The last time a marketplace outperformed Blur was in December when the OKX NFT marketplace saw a surge fueled by Bitcoin Ordinals’ rise. Before that, Blur had posted the highest trading volume for 10 months in a row.

Creator royalties program and its controversies

OKX experienced a decline of about 73% in its trading volume due to losing a huge share of its Bitcoin trading volume to Magic Eden and another marketplace since December. Despite its market volume tanking, OKX came in third place in trading volume with Tensor and Opensea completing the top 5. Furthermore, the top 10 NFT marketplaces registered a cumulative trading volume of $4.7 billion, representing a 51% surge in Q1 compared to the last quarter.

Despite the rise in trading volume, the price of major NFTs has tanked significantly. High-flying projects Bored Ape Yacht Club (BAYC) and CryptoPunks saw a drop of 91% and 64% in their prices, respectively. Notably, both NFTs last hit their peak price in May 2022 and October 2021. NFT marketplaces and studios have been at loggerheads over the enforcement of creator royalties.

OpenSea recently announced that it had dropped its royalty enforcement tool. According to its CEO, Devin Finzer claimed that the tool didn’t experience any success as its rivals were evading it by using the Seaport protocol to avoid its blacklist thereby removing creator royalties. However, the company recently took a step back from this position when it announced its support for ERC-712C programmable earning standard.