From Cointelegraph

May 27, 2025 10:11 pm:

Real-world assets could revive the struggling NFT lending sector, which has seen a 97% drop in volumes from $1 billion to $50 million since January. Analysts say new catalysts like real estate NFTs are needed for a rebound. Borrower activity is down 90%, and loan sizes have plummeted by 71%. Source: DappRadar.

NFT lending platforms are waiting for a market recovery or new use case to boost interest. Tools to facilitate borrowing against NFTs, undercollateralized loans, and credit scores could reignite the sector. Borrower activity has fallen by 90%, and the average loan size has dropped by 71%. Source: DappRadar.

The NFT market downturn has affected NFT lending, with volumes falling 61% in the first quarter. Collateral value collapse has led to a decline in lending activity. The number of active NFT lending apps is limited, with only eight protocols holding a significant share. The sector is shifting focus for sustainability. Source: DappRadar.

Read more at Cointelegraph: Real-world assets could revitalize dying NFT lending market: DappRadar