Nike-Owned NFT Wearables Project RTFKT to Shut Down in January
RTFKT, the Nike-owned NFT wearables project, is set to sunset in January. The company had drawn backing from Andreessen Horowitz during the NFT boom in 2021.
ReadNFT collections saw no year-end lift as market data pointed to weaker participation. Fewer buyers, sellers and transactions suggested fading speculative interest across the sector.
NFT collections saw no year-end lift as market data pointed to weaker participation. Fewer buyers, sellers and transactions suggested fading speculative interest across the sector.
NFT collections failed to catch a Santa rally as the market slipped to 2025 lows, according to market data cited by Cointelegraph. The downturn was marked by shrinking participation across the sector, with fewer buyers, fewer sellers and fewer transactions.
NFT collections failed to catch a Santa rally as the market slipped to 2025 lows, according to market data cited by Cointelegraph. The downturn was marked by shrinking participation across the sector, with fewer buyers, fewer sellers and fewer transactions.
The decline matters because NFT markets depend heavily on active communities and trading depth. When participation thins out on both sides of the market, it signals that speculative interest has cooled and that collections may struggle to generate momentum.
The data also suggests the weakness was not limited to one side of trading activity. A drop in buyers points to softer demand, while fewer sellers and transactions indicate a broader slowdown in market engagement.
For readers following crypto culture and digital collectibles, the lack of a seasonal rebound underscores how far NFT sentiment has cooled from more active periods. The market remains part of the wider crypto ecosystem, but current activity shows that attention and risk appetite have moved elsewhere.
The latest figures frame NFTs as a quieter corner of crypto heading into the end of the year, with collection activity at low levels and no clear sign of renewed speculative demand in the supplied market data.