BITPRISMIA
July marked a significant surge in Web3 activity, with DeFi and NFTs showing substantial growth, driven by increased TVL, regulatory advancements, and utility-focused NFT developments.
NFTs are redefining ownership and authentication in the art world by leveraging blockchain technology to create permanent, verifiable records that eliminate forgery and enable new forms of cultural funding and global community building.
NFTs are experiencing a market revival with significant increases in market capitalization and trading volume, driven by Ethereum's recent price surge and renewed interest in popular collections.
VeChain is launching a $15 million StarGate staking program on July 1, utilizing NFT technology and an upgraded Weighted Delegated Proof of Stake system, following the SEC's clarification that protocol staking does not classify as custodial staking.