Metaverse is a key factor in long-term NFT success, says new research

Metaverse is a key factor in long-term NFT success, says new research

The report states that global NFT transactions are projected to hit 40 million in the next five years. A new report from Juniper Research analyzed the trajectory of the nonfungible token (NFT) market over the next five years. According to the study, global transactions related to NFTs will escalate from 24 million in 2022 to nearly 40 million by 2027. One of the top catalysts to push NFT adoption will be those linked to metaverse use cases, according to the study. This niche of NFTs will be the fastest growing in the next five years. Metaverse-related NFTs will experience an increase in....


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