📢 #Gate Square Writing Contest Phase 3# is officially kicks off!
🎮 This round focuses on: Yooldo Games (ESPORTS)
✍️ Share your unique insights and join promotional interactions. To be eligible for any reward, you must also participate in Gate’s Phase 286 Launchpool, CandyDrop, or Alpha activities!
💡 Content creation + airdrop participation = double points. You could be the grand prize winner!
💰Total prize pool: 4,464 $ESPORTS
🏆 First Prize (1 winner): 964 tokens
🥈 Second Prize (5 winners): 400 tokens each
🥉 Third Prize (10 winners): 150 tokens each
🚀 How to participate:
1️⃣ Publish an
DappRadar: NFT lending market volume fell by 97% RWA is expected to revive
Gate News bot news, the blockchain analysis platform DappRadar indicates that linking real-world assets (RWA) to NFTs is one of the key catalysts that could revitalize the declining NFT lending industry – a sector that is suffering from significant drops in volume and user activity.
DappRadar analyst Sara Gherghelas stated in a report on May 27 that the volume of the NFT lending market (which allows NFT holders to obtain loans by collateralizing their tokens) has decreased by 97% from a peak of approximately $1 billion in January 2024 to $50 million in May.
Gherghelas stated that NFT lending needs to "break free from survival mode" and requires "new catalysts" to revitalize the industry, such as real-world asset NFTs and tokenized real estate or income-generating assets, which can unlock more stable and reliable sources of collateral.
She said, "So far, there has been no compelling reason for an NFT lending rebound in 2025. Although the infrastructure still exists and the platform remains active, activity has slowed down significantly."
Source: Cointelegraph