According to @Zac_Pundi, the NFT market cap is above $7.6 billion, signaling that NFTs are waking up, source: @Zac_Pundi on X, Aug 15, 2025. According to @Zac_Pundi, this cycle prioritizes on-chain data over collectibles, with trading-relevant utilities including dataset tokenization, ownership monetization, and zero-code control via Pundi AI’s Data Pump, source: @Zac_Pundi on X, Aug 15, 2025. According to @Zac_Pundi, Pundi AI is pushing NFTs toward data-centric applications, indicating a narrative shift within NFT infrastructure and data NFTs, source: @Zac_Pundi on X, Aug 15, 2025.

According to Trevor.btc, six of the top ten NFT projects by market cap are utility-focused, a fact that early investors in these projects leveraged to achieve significant financial gains. This insight is crucial for Bitcoin Ordinals traders who might not be aware of the potential in utility-based NFTs.

According to Milk Road, the NFT market cap has declined by more than 90% since 2021, as has the sales volume. This significant drop in market performance indicates a challenging environment for NFT trading. Traders should consider the current market conditions and historical performance before making investment decisions. Source: Milk Road.