That could do with some analysis attached. The stats seem to say no, it's not a thriving thing and people are building on the hope that it returns as something useful in the future.
The whole crypto industry seems to be suffering from acute loss-of-interest right now.
Down from peak but $500M monthly volume across 200K users is not bad really. This dashboard isn't tracking other chains and L2s, like Reddit's avatars that just crossed $10M sales volume.
Fair question - overall volumes are certainly down from the 2021 highs, but there is growth in certain ecosystems (e.g., Solana). Our view is we expect this space to be cyclical like a lot of emerging technologies, especially as new use cases develop beyond digital art and collectibles.
