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NFT

NFTs are unique digital identifiers recorded on a blockchain that certify ownership and authenticity of a specific asset. Moving past the "PFP" craze, 2026 NFTs emphasize utility, representing everything from IP rights and digital fashion to RWA titles and event ticketing. This tag explores the technical standards of digital ownership, the growth of NFT marketplaces, and the integration of non-fungible tech into the broader Creator Economy and enterprise solutions.

12382 Articles
Created: 2026/02/02 18:52
Updated: 2026/02/02 18:52
Solana Co-founder: Meme Coins and NFTs Are “Digital Garbage”

Solana Co-founder: Meme Coins and NFTs Are “Digital Garbage”

PANews July 28 news, according to Decrypt, last weekend, Solana co-founder Anatoly Yakovenko set off a heated discussion in the crypto Twitter circle. Although the Solana chain has made huge

Author: PANews

2025/07/28

Solana Co-Founder Calls Meme Coins and NFTs ‘Digital Slop’ with No Intrinsic Value

Solana Co-Founder Calls Meme Coins and NFTs ‘Digital Slop’ with No Intrinsic Value

Solana co-founder Anatoly Yakovenko has dismissed meme coins and NFTs as “digital slop” with no intrinsic value, comparing them to mobile game loot boxes, despite his blockchain hosting the most active meme coin ecosystem, which generates billions in trading volume. Yakovenko made the comments during a Twitter exchange with Base’s Jesse Pollak, questioning whether Zora coins provide any claims on future cash flows from creators. When challenged about Solana’s meme coin activity, he acknowledged the platform hosts similar speculative trading. I’ve said this for years. Memecoins and NFTs are digital slop and have no intrinsic value. Like a mobile game loot box. People spend $150b a year on mobile gaming. — toly 🇺🇸 (@aeyakovenko) July 27, 2025 Solana’s $15B Meme Coin Empire Thrives Despite Co-Founder’s Skepticism The criticism comes as Solana’s meme coin market reached $15.5 billion in July 2025, with platforms like LetsBonk capturing 70% market share and generating $1.72 million daily fees. BONK led last week’s weekly gains at 50.4% while Pudgy Penguins climbed 43.2% during the sector’s strongest rally since April. Solana launched over 1.1 million new tokens in 2024, with platforms like Pump.fun democratizing token creation despite nearly half a million launches occurring in a single month. Major meme coins on the network include BONK ($2.7B market cap), DOGWIFHAT ($1.1B), and Fartcoin ($1.3B). The co-founder’s stance creates tension with Solana’s positioning as the preferred blockchain for meme coin trading due to low fees and high throughput. The network has processed over $431 billion in transactions since its launch, with a significant portion attributed to speculative token trading. Source: Solana Explorer NFT activity on Solana has also surged, with the broader market experiencing 94% growth to $6.6 billion in July 2025. Major Solana NFT collections include Solana Monkey Business, DeGods, and Okay Bears, which are traded primarily on the Magic Eden marketplace. Blockchain’s Meme Coin Dominance Contradicts Founder’s Criticism LetsBonk has overtaken Pump.fun as the dominant Solana launchpad , launching a recorded 25,150 tokens in 24 hours and establishing itself as the 7th-largest revenue-generating protocol in crypto. BONK’s market capitalization reached $2.85 billion, with a recorded 24-hour trading volume of $1.49 billion. In fact, Grayscale added BONK to its Q3 “Assets Under Consideration” list, triggering a 12% price rally and institutional validation. Pump.fun has processed hundreds of thousands of token launches, including political memes like “Jeo Boden” and “Doland Tremp.” The platform’s PUMP token raised $500 million in July but crashed by 75% within 24 hours. Solana’s technical infrastructure supports the meme coin boom through multiple technical features, including Token Extensions, which enable confidential transfers, flexible transfer fees, and enhanced compliance features. Over 2,500 active developers work on the network, with half having 3+ years of experience. The total value locked in Solana DeFi has exceeded $10 billion, while the network hosts over 1,000 projects spanning DeFi, NFTs, gaming, and infrastructure. Source: DeFiLlama Major utility tokens include Serum, Raydium, and Orca, providing governance and exchange functions. The meme coin surge has driven altcoin season indicators to a 50 percent year-high. NFT Market Revival Challenges ‘Digital Slop’ Narrative Solana’s NFT ecosystem expanded rapidly due to its low fees and tools, such as the Candy Machine, which facilitated seamless launches. Blue-chip projects include DeGods, Solana Monkey Business, and SolPunks, the first on-chain generative collection. Magic Eden commands approximately 90% of Solana NFT trading volume, facilitating billions in secondary market transactions. The broader NFT market experienced a dramatic resurgence in July , with trading volumes spiking 51% to $136 million per week. 🖼️ NFT market cap surges 94% to $6.6 billion in July as CryptoPunk sells for $5 million with blue-chip collections driving 40% price jump. #NFTs #Trading https://t.co/e7qERHc30M — Cryptonews.com (@cryptonews) July 25, 2025 CryptoPunks floor prices increased 53% while Pudgy Penguins surpassed Bored Ape Yacht Club by market capitalization. Art Blocks returned to prominence with average sale prices jumping 156% after platform improvements. Profile picture NFTs dominated the market, accounting for 37% of the total volume, followed by Real-World Assets at 11%. Telegram NFTs gained momentum with Snoop Dogg’s collection selling out in 30 minutes for $12 million . Bored Ape Yacht Club announced Telegram sticker packs, while other major collections expressed similar interest.

Author: CryptoNews

2025/07/28

Paidun: SuperRare suffered an attack and lost about $730,000 in RARE

Paidun: SuperRare suffered an attack and lost about $730,000 in RARE

PANews reported on July 28 that according to Paidun’s monitoring, the NFT market SuperRare was attacked, losing RARE tokens worth about $730,000.

Author: PANews

2025/07/28

Data: NFT sales on Ethereum chain reached nearly $160 million in the past 7 days, with CryptoPunks ranking first

Data: NFT sales on Ethereum chain reached nearly $160 million in the past 7 days, with CryptoPunks ranking first

PANews reported on July 27 that CryptoSlam data showed that NFT sales on the Ethereum chain have approached $160 million in the past 7 days, currently reaching $157,608,881, including: 1.

Author: PANews

2025/07/27

Analyst shares secret to success with XRP, says 99% of holders could miss out

Analyst shares secret to success with XRP, says 99% of holders could miss out

XRP advocate Edward Farina urges holders to stay strong through volatility, and hints that real gains come from conviction, not quick trades. #partnercontent.

Author: Crypto.news

2025/07/27

No OpenSea deal—Pudgy Penguins says it’s all about partnerships

No OpenSea deal—Pudgy Penguins says it’s all about partnerships

Pudgy Penguins has denied rumors about buying OpenSea, and redirecting attention to the project's major partnership strategy.

Author: Crypto.news

2025/07/27

How to differentiate NFTs from memecoins | Opinion

How to differentiate NFTs from memecoins | Opinion

Confusing NFTs with memecoins could have serious consequences for the national and cross-border tax implications of such digital asset investments.

Author: Crypto.news

2025/07/27

Ethereum’s 10th anniversary live broadcast will be held at 22:30 on July 30, and a limited-time free NFT will be launched

Ethereum’s 10th anniversary live broadcast will be held at 22:30 on July 30, and a limited-time free NFT will be launched

PANews reported on July 27 that the Ethereum Foundation tweeted that the Ethereum 10th Anniversary Celebration Live Broadcast will be held at 22:30 (UTC+8) on July 30. Ethereum founder Vitalik

Author: PANews

2025/07/27

Ethereum price targets $4,000 as ETH ETFs add $5.1 billion

Ethereum price targets $4,000 as ETH ETFs add $5.1 billion

The current Ethereum price is hovering just below a critical resistance level as spot ETFs attract billions, signaling growing institutional confidence.

Author: Crypto.news

2025/07/27

Pudgy Penguins Security Director: Stay Calm, We Did Not Acquire OpenSea

Pudgy Penguins Security Director: Stay Calm, We Did Not Acquire OpenSea

PANews July 26 news, NFT project Pudgy Penguins security director Beau (@beausecurity) posted on the X platform: Calm down, there is no acquisition of OpenSea, the scale of the Penguin

Author: PANews

2025/07/26

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