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I just checked Polymarket and things are interesting: they are giving a 65% chance that NFTs will make a strong comeback in 2026. It’s the highest level seen so far, so something is changing in perception. The contract already has over $1.12 million invested.
The sector’s market cap is now at $3 billion, which isn’t bad considering everything that has happened. CryptoPunks, Bored Apes, and Pudgy Pigeons are leading the charge. Trading volume also increased by 26% in the last day, reaching $4.5 million. But, it recently dropped 2% along with the overall market, so everything remains volatile.
What holds me back is that many believe NFTs will never truly recover. CryptoPunks are down 80% from their 2021 peak, Bored Apes almost 95%. And those are the ones that go up. Additionally, platforms like OpenSea have shifted focus to other things instead of boosting the sector. Nike recently shut down its NFT division. So, even though the odds suggest NFTs will return, there’s quite a bit of underlying skepticism.