I noticed something interesting on Polymarket - the odds of NFT recovery by the end of the year have jumped to 65%, the highest ever. More than a million dollars have already been invested in the contract, and people clearly believe that the sector will bounce back. The NFT market capitalization is now holding above three billion dollars despite declines. Trading volumes are increasing, with CryptoPunks and Bored Apes showing movement. But the question is - will the NFT market recover truly or is this just a temporary rebound? It's evident that major players like Nike have already pulled back, and platforms are shifting to DeFi. Most projects are still 80-95% below their 2021 peaks. To reach 15 billion, a fivefold growth is needed. Many believe that without utility and real applications, the NFT market won't take off. It's interesting to watch how events will unfold, but for now, skepticism is justified.

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