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SOL $74.63 +3.74%
TRX $0.3195 -0.57%
DOGE $0.0725 -0.42%
ADA $0.1445 +0.39%
BCH $199.75 +4.06%
LINK $7.30 +0.31%
HYPE $65.79 +5.48%
AAVE $90.51 -1.54%
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nft

Non-fungible tokens (NFTs) are digital assets based on blockchain technology that represent unique ownership and scarcity. Unlike fungible tokens (such as Bitcoin), NFTs are non-interchangeable, with each token having a unique identifier and metadata, commonly used in fields such as digital art, music, virtual real estate, and gaming items. The rise of NFTs has provided creators with new revenue streams while also sparking discussions about copyright, ownership, and market bubbles. Ethereum is the main platform for NFT transactions, supporting standards such as ERC-721 and ERC-1155.
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The cryptocurrency market is generally down, with the NFT sector dropping nearly 4%, while only the SocialFi sector remains relatively strong

According to SoSoValue data, the overall trend of the cryptocurrency market is declining, with the NFT sector down 3.79% in the last 24 hours. Within the sector, Pudgy Penguins (PENGU) decreased by 2.96%, and Audiera (BEAT) fell by 6.29%. Meanwhile, Bitcoin (BTC) dropped by 1.06%, falling below $64,000; Ethereum (ETH) decreased by 1.34%, fluctuating around $1,700.Only the SocialFi sector remained relatively strong, being the only sector to rise today, up 1.23% in the last 24 hours, with Gram (GRAM), renamed from Toncoin (TON), increasing by 2.13%.In other sectors, the DeFi sector fell by 0.47% in the last 24 hours, but DeXe (DEXE) surged by 59.33%; the CeFi sector declined by 0.94%, where OKB (OKB) rose by 2.98% due to various factors including the establishment of a joint venture with Intercontinental Exchange (ICE), briefly surpassing $83 during trading; the Layer1 sector decreased by 1.51%, with TRON (TRX) rising by 1.77% during trading; the Layer2 sector fell by 1.51%, while Celestia (TIA) increased by 5.40% against the trend; the Meme sector dropped by 1.55%, but BUILDon (B) rose by 6.27%; the PayFi sector decreased by 2.04%, while Telcoin (TEL) increased by 8.06%.The cryptocurrency sector index reflecting the historical market performance shows that the ssiAI, ssiDePIN, and ssiRWA indices fell by 7.86%, 5.26%, and 2.97%, respectively.

The cryptocurrency market shows mixed fluctuations, with the DeFi sector rising by 7.29%, while the NFT sector has fallen for three consecutive days

According to SoSoValue data, the cryptocurrency market sector shows mixed performance, with the DeFi sector performing exceptionally well, rising 7.29% in 24 hours. Among them, LAB (LAB) increased by 37.97%, Block Street (BSB) and Uniswap (UNI) rose by 31.18% and 10.72% respectively, and Hyperliquid (HYPE) increased by 10.38%, briefly breaking through $76 during the day, setting a new historical high.Other standout sectors include: the AI sector rose 4.42% in 24 hours, with Worldcoin (WLD) increasing by 19.58%; the RWA sector rose 2.16%, with Centrifuge (CFG) increasing by 11.21%; the Meme sector rose 1.26%, with SPX6900 (SPX) increasing by 16.72%.In other sectors, the Layer2 sector fell by 0.13%, but Celestia (TIA) rose by 9.74%; the Layer1 sector fell by 0.18%, with Cosmos Hub (ATOM) remaining relatively strong, rising by 3.43%; the PayFi sector fell by 0.64%, while Stellar (XLM) rose against the trend by 4.88%; the CeFi sector fell by 1.43%, with Aster (ASTER) increasing by 2.80% during the day; the NFT sector has fallen for three consecutive days, with a 24-hour decline of 20.83%, within which Audiera (BEAT) fell by 44.03%.The cryptocurrency sector indices reflecting historical market trends show that the ssiDeFi and ssiMeme indices rose by 6.35% and 1.24% respectively, while the ssiSocialFi index fell by 3.76%.

Messari: TON's revenue from Telegram products in the first quarter reached 88.5 million USD, with cross-chain NFT market share rising to 35.5%

Messari released the "TON Q1 2026 Report," which shows that despite a 26.4% drop in the price of TON during the quarter, the overall TON ecosystem remains resilient, supported by Telegram's large user base. Among them, revenue from Telegram products settled through Fragment decreased by 20.3% quarter-on-quarter to $88.5 million, while recurring revenues such as Premium subscriptions and advertising only fell by 10.5%, performing better than non-recurring businesses like Stars.Data shows that driven by the demand for on-chain products such as Telegram usernames, numbers, and Gifts, the market share of TON NFTs in the cross-chain market increased by 130.4% quarter-on-quarter, reaching 35.5%. In terms of DeFi, the total value locked (TVL) in USD terms decreased by 34.9% quarter-on-quarter, but in TON terms, it only fell by 11.6%. The average daily transfer amount of USDT dropped by 32.5% to $7.7 million, although the average daily number of transfers remained around 73,600, indicating that peer-to-peer Telegram transfers and Mini App payments are replacing large DeFi transactions.In terms of user activity, the number of daily active addresses on TON decreased by 8.8% quarter-on-quarter to 90,800, indicating no significant new user growth in the first quarter. However, the number of transactions per address increased from 19.2 to 21, reflecting enhanced engagement among existing users.After the end of the first quarter, the "Make TON Great Again (MTONGA)" initiative launched by TON has completed four out of seven measures, including the launch of Catchain 2 for sub-second finality, reducing transaction fees by about six times, and making Telegram the largest validator of TON, with a current staking size of 2.2 million TON. Messari states that the second quarter will be a key observation period to test whether infrastructure upgrades can drive a large-scale conversion of Telegram's broader user base into active users on the TON chain.
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