On-Chain Art Platforms Lead the NFT Market's Quiet Revival
Fully on-chain generative art posts its best quarter in two years, while PFP volumes remain flat.
By Marcus Bell3 min read
The NFT market is splitting in two. Fully on-chain generative art platforms like Art Blocks and fxhash posted their strongest quarter in two years, while profile-picture project volumes remain at multi-year lows.
Collectors cite permanence and provenance as the core appeal — works that exist entirely on-chain do not depend on any centralized service to remain viewable. Several major museums announced exploratory acquisition programs in the quarter.
The secondary market has consolidated: three platforms now account for roughly 80% of generative-art secondary volume, compared to a more fragmented landscape a year ago.
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