AVAX’s Future in the Avalanche NFT Craze: A Look at Rising Interest
The popularity of the Avalanche [AVAX] ecosystem has been fluctuating for quite some time. In the past, the ecosystem had gained popularity due to the rising interest in SocialFi dApps.
However, this hype was short-lived, which impacted not only the SocialFi dApps, but also the networks associated with it.
NFTs bring all the users to the yard
It was recently seen that NFTs were taking the lead in attracting users to the Avalanche network, with new and returning NFT users growing significantly over the last six months.
Notably, Dreamheadz and LoFi leopards were the two NFT collections that were driving the growth of Avalanche’s ecosystem.
The popularity of these collections will play a great role in the growth of Avalanche in the NFT sector going forward.
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