TechFlow news, blockchain data analytics firm Nansen has recently released its quarterly research report on NFTs. The analysis highlights that the NFT industry has outperformed the cryptocurrency market year-to-date, with the market projected to reach an $80 billion valuation by 2025. According to the Nansen 2022 Quarterly NFT Report, the NFT market has already surpassed the crypto market this year, delivering a year-to-date ETH return of 103.7% and a USD return of 82.1%. Despite most global asset classes experiencing declines as of February 2022, the NFT-500 rose 5.9% during the first 30 days of March.
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