Crypto: The NFT Market Is Picking Up And Reaching $6.6 Billion
Written by Ohris M. Greyoon, Blockchain & Crypto Expert
NFT Market Surge: The NFT market capitalization reached $6.6 billion in July, marking a 94% increase from the previous month, driven by popular collections like CryptoPunks and a renewed interest in NFTs.
Cultural Shift in NFTs: The resurgence of NFTs indicates an evolution in the market, with buyers now favoring collections that offer strong symbolism or utility, as evidenced by significant sales and transaction volumes on Ethereum-based projects.
About the author

Ohris M. Greyoon
Ohris M. Greyoon holds a Master’s in Computer Science from MIT and has 10 years of experience in blockchain technology and cryptocurrency markets. A pioneer in decentralized finance (DeFi) analysis, he leads Intellectia’s Crypto News, offering cutting-edge insights into digital assets.





