Solana dev shop Anza aims to double blockspace and enhance efficiency in 2025 through incremental upgrades like improving the Agave client, scaling Turbine, and adopting a faster hashing algorithm. 

The S&P 500 gained 0.49%, driven by a tech rebound after a weaker inflation report. Gold rose 0.63% to $2,933, driven by safe-haven demand, Fed rate cut bets, and central bank buying, with $2,950 as the next target. The Coindesk Indices, which tracks the broader crypto market, rose by 1.87%, with Bitcoin and Ether down by 0.22% and 2.38% in the past 24 hours. Trade these markets and more with up to 500x leverage on Bybit MT5 using this 

Today’s top performer is TIA, up 12.1% following Citrea’s launch of bitcoin appchains with Celestia integration.

Celestia (TIA), launched in May 2017, is a modular blockchain network that provides a secure data availability and consensus layer, enabling blockchains to publish transactions and operate efficiently. 

, leveraging Celestia for scalable data availability while maintaining Bitcoin’s liquidity and security. The deployment of BlobstreamX enhances secure DA proofs for Bitcoin applications, reducing fees and increasing transactions. Developers can now build and test custom OP Stack rollups using Citrea’s detailed guide.

Check out the latest prices, charts, and data of 

Solana dev shop Anza aims to double blockspace and enhance efficiency in 2025 through incremental upgrades like improving the Agave client, scaling Turbine, and adopting a faster hashing algorithm. The block limit will rise from 48M to 50M compute units, while further optimizations are expected as Solana’s read layer undergoes an overhaul.

Yesterday, BTC Spot ETFs saw $60.4M in net inflows, with GBTC losing $11.8M while non-GBTC funds gained $72.2M.

, backed by Polygon, Spartan Group, and HashKey, has launched its Loyalty Points Program, where users can earn Moon Beams by completing tasks and securing a spot in the confirmed airdrop. To participate, users must join the dashboard, claim badges, and complete regular tasks, with no cost to join.

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Anza’s 2025 roadmap boosts Solana efficiency and blockspace

Goggles (GOGLZ) is the top Sonic meme coin skyrocketing in value, driven by community hype and Solana’s turbulence. Discover its rise, NFT launch, and future.

In recent weeks, things have been turbulent for the 

, especially for some of its meme coins. Toward the end of February 2025, Argentina-linked Solana-based meme coin 

 (LIBRA) underwent a catastrophic drop of over 95% of its value, which caused nervous ripples in the crypto market. Other 

 that have brewed controversy recently are HARRYBOLZ and VIGI, both of which also saw rapid price plunges after skyrocketing in value.

Due to this turbulence on Solana, crypto enthusiasts and investors have been looking for alternative chains with potential trading opportunities for meme coins. One such chain is 

 (formerly Fantom), which is viewed as a potential alternative, leading to the emergence of various meme coins.

 on Sonic is Goggles (GOGLZ), an ideal choice for fun-loving investors.

What is the Goggles crypto token (GOGLZ)?

 (GOGLZ) is a Sonic-based meme coin that uses humor to engage its community and drive adoption.

 Its mascot is a fun-looking blue penguin who wears goggles and a cape. The project has a vibrant community on X and Telegram, and currently ranks at the top among Sonic meme coins in terms of liquidity, with a market cap of $3.25 million (as of Mar 12, 2025).

GOGLZ has a maximum supply of 32,285,420 tokens, all of which are in circulation. Its 

 are locked on the Sonic chain. The team behind Goggles has renounced its smart contract address, which means they've given up ownership of the contract. Hence, it can't be modified.

You can buy GOGLZ on Sonic through various DEXs on the chain, such as Shadow, SwapX and Equalizer. In addition, you can 

 or from any EVM-compatible chain. To bridge, connect your wallet and set the destination chain as Sonic. Proceed to select 

Fantom rebranded to Sonic in August 2024. Since then, Sonic Chain has been making waves in the crypto space by offering high speeds (it can process up to 10,000 

 with instant finality) without sacrificing 

Unlike Solana, which operates using its own unique architecture, Sonic allows developers to seamlessly migrate Ethereum-based applications while benefiting from its ultrafast processing speeds. This blend of speed and accessibility — coupled with the familiarity of the EVM — has positioned Sonic as a top contender among developers. Sonic also offers low fees, fast finality and a robust liquidity ecosystem, making it an attractive alternative for traders looking to escape congestion and inefficiencies on other chains.

Meanwhile, Solana’s reputation has taken a hit. Recent reports assert that Solana has become a hotspot for 

 and illicit activity, leading to a 40% drop in active users. Many traders and developers are now questioning the long-term reliability of the Solana ecosystem, especially as capital outflows from Solana continue.

In a surprising turn of events, Goggles (GOGLZ), a relatively unknown cryptocurrency, experienced a remarkable price surge beginning in mid-February 2025. The token, which had been trading at modest levels for months, skyrocketed seemingly overnight, capturing the attention of traders and analysts worldwide.

The rally began around Feb 15, 2025, with an initial 80% jump in value within 24 hours. This momentum only intensified in the following days, with the GOGLZ token gaining over 500% by the end of the month.

Coincidentally, while GOGLZ was surging, LIBRA and other Solana-based meme coins were tumbling, leading to a heavy capital outflow from the Solana network. As these coins’ investors moved out, GOGLZ was one of the meme coins that gained from the outflow.

Goggles has also recently launched its own NFT collection, GOGGLES.EXE. Within just 24 hours of its launch on Mar 7, 2025, the collection rapidly shot up among top NFTs in terms of trading volume on the Sonic-based Paintswap NFT marketplace, further bolstering investors' confidence in GOGLZ.

As of Mar 13, 2025, GOGLZ's current price is $0.128, an 80.5% drop from its all-time high of $0.65 on Feb 21, 2025, and a 170.6% rise from its all-time low of $0.047 on Jan 27, 2025.

Price prediction platforms are conservatively bullish on GOGLZ’s price. According to technical analysis by crypto forecasting platform CoinCodex, 

 of $0.16 in 2027 and gradually increase to $0.57 by 2030.

Another price forecasting platform, DigitalCoinPrice, 

 $0.46 by 2027 and increase to $0.69 by 2030.

Note that these price predictions are not investment advice, and they don't guarantee the future price of GOGLZ. We highly recommend 

 (DYOR) before investing in GOGLZ or any other meme coins.

Goggles (GOGLZ) has captured the crypto world’s attention, skyrocketing from nowhere to dominate the meme coin space in a matter of weeks. What began as a meme coin has evolved into a movement fueled by speculation and social media hype.

As Sonic continues to shape up to its potential as the key player in the crypto industry, Goggles (GOGLZ) is emerging as a cultural phenomenon that blends humor and community-driven momentum. Nevertheless, given the volatility of the crypto market and the relative newness of this token, is Goggles just another flash in the pan — or could it grow to be the top meme coin on the Sonic blockchain?

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Goggles (GOGLZ): The meme coin igniting the Sonic boom

In our latest Learn 101 livestream session, crypto experts shared insights on the surge in altcoin ETF applications and whether they could spark a bull run.

Several top altcoins are projected to be available via altcoin ETFs. This presents great opportunities for new investors to get into cryptocurrency, and for established crypto traders to trade in different ways. Given the decline in the crypto market recently, many wonder if altcoin ETFs will break the trend and trigger a bull run. In the 21st episode of our 

 provides a recap of our Learn 101 livestreams, offering you comprehensive expertise and insights from leading figures in the crypto industry in case you miss the livestream.

Joining the livestream on Mar 11, 2025, were two distinguished guests: Paz Gonzalez, Trader and Founder of 

 magazine; and Kendrick, Product Manager at Bybit. Under the moderation of Sabrina Chua, Crypto Evangelist and SEO Editor at Bybit, this episode explores 

Litecoin, XRP, Polkadot Spot ETFs: Game-changers — or another non-event?

With Bitcoin’s price dropping substantially in recent weeks, traders are turning to altcoins for potential opportunities. Can altcoins revive the crypto market — or is this just another wave of hype?

Several new ETF applications have been submitted to the SEC for 

 and Dogecoin. Paz Gonzalez sees this trend as a reflection of past crypto cycles, while Kendrick is particularly bullish on XRP and Solana. Given XRP’s legal battle with the SEC last year (in which a federal judge ruled in Ripple Labs’ favor), Kendrick believes XRP has an edge over other altcoins when it comes to ETF approval. Numerous investment firms have already filed for XRP ETFs, and its use as a payment solution gives it strong real-world utility.

Kendrick notes that Solana (SOL) is the next-strongest contender. It boasts more use cases than XRP, but lacks the regulatory advantage and sheer number of ETF applications. Meanwhile, critics point to Solana’s relatively small validator set and to concerns over its potential centralization.

Paz Gonzalez agrees with Kendrick that XRP is the most likely crypto asset to receive the first spot ETF approval. However, she sees Litecoin (LTC) as next in line. Often referred to as Bitcoin’s “little sister,” Litecoin has long been positioned as a payment-focused cryptocurrency.

Speculation, barriers to institutional acceptance — andhype

Retail speculation tends to be higher for altcoins than for Bitcoin, and Gonzalez attributes the recent surge in altcoin activity to this trend. pointing out that institutions have historically been cautious and have taken years to fully embrace Bitcoin. Before backing altcoins, they need to see substantial trading volume and a shift in market sentiment.

Kendrick predicts that the altcoins currently being considered for ETFs may experience speculative spikes in the short term. He cites Dogecoin’s price surge following ETF-related news, which was quickly followed by a decline. He expects this pattern to hold across other altcoins, but foresees a sustained long-term rise after ETF approvals are finalized.

However, Gonzalez remains skeptical about meme coins securing ETFs, arguing that they lack real utility. The only exception, she suggests, might be Dogecoin — given Elon Musk’s influence and ties to Donald Trump. Even then, she believes an ETF would only be viable if Dogecoin eventually finds adoption as a legitimate payment method, or serves another functional purpose.

Can altcoin ETFs receive the same support as blue-chip crypto ETFs?

Kendrick highlights Bitcoin’s status as the crypto market’s staple cryptocurrency. Even with the rise of altcoin ETFs, he remains confident that Bitcoin will continue to dominate the market.

Gonzalez points out that the introduction of crypto ETFs has created greater regulation and centralization within the crypto market — shifting away from the original principles of decentralization on which cryptocurrency was built. She believes that as more ETFs are introduced and adoption grows, this trend toward regulation and centralization will only accelerate.

According to Gonzalez, the primary purpose of crypto ETFs is to bring institutional investors into the crypto space. Moreover, she notes that ETFs serve as an entry point for retail traders. Many traditional investors are hesitant to put their money into an industry that still operates in a legal gray area, thus making regulated ETFs a more appealing option.

Traditional investors typically take a conservative approach, prioritizing diversification in order to manage risk. Kendrick highlights the potential for a crypto index ETF, similar to those in the stock market, which often outperform individual stocks over time. He believes it’s only a matter of time before an index ETF is introduced for cryptocurrencies.

Gonzalez reinforces this idea, noting that investing in individual stocks — or cryptos — requires extensive research in order to understand their fundamentals. For many investors, this process can be overwhelming. An index ETF simplifies the decision-making process, offering a diversified and lower-risk approach to crypto exposure.

Gonzalez also brings up the classic trading mantra, “Buy the rumor, sell the news.” She and Kendrick both agree that XRP is a strong candidate for one of the first altcoin spot ETFs. From Gonzalez’s perspective, buying early could maximize potential gains. But even without a potential ETF approval, she sees XRP as a solid long-term investment, and emphasizes the importance of using 

Could ETFs ignite the next bull run? How to position yourself

Recently, both Bitcoin and altcoins have faced turbulence, with altcoin spot ETFs now taking center stage. Gonzalez and Kendrick take a step back to examine the broader macroeconomic landscape. Gonzalez notes that altcoins are moving in sync with the overall market — which isn’t in great shape. While crypto remains a strong and innovative sector, it’s still a niche market, and with the general economy in decline, conditions aren’t ideal for altcoin ETFs in the short term, though they do hold long-term potential.

Many investors have been anticipating a bull run, but Gonzalez cautions against comparing the current market to events of four years ago. The crypto landscape is still evolving, and it’s crucial to adapt. Trying to predict market movements with past cycles in mind isn’t always reliable. Instead, she believes success in a bear market comes down to having the right strategy. For her, that means executing quick buy-and-sell trades to capture small, consistent profits.

Kendrick, however, takes a different approach. He favors a buy-and-hold strategy, supplemented by 

 to hedge against downside risk. He also steers clear of highly volatile tokens unless he’s trading on a short-term basis.

This Learn 101 livestream took a deep dive into Altcoin spot ETFs to consider whether they might be the spark for the next bull run. While they have the potential to shake up the market, the reality is that conditions are still volatile. Investors need to stay sharp, keep learning and adapt to the ever-changing crypto landscape. Whether you're in it for the long haul or playing the short game, understanding the market’s movements is key to making smarter trades.

Intermediate

Bybit Learn livestream: Altcoin ETFs: Bull Run Trigger? featured image

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Learn Live ICYMI: Altcoin ETFs — bull run trigger?

Our monthly report delves into insights from options volatility to inspire your next crypto move.

: February 2025 experienced significant volatility spikes at the start and end, with a calm mid-month period indicating market sensitivity to external factors.

: US president Donald Trump's tariff announcements drove sharp reactions in crypto and traditional markets, highlighting the interconnectedness of these asset classes.

: Despite a trend of decreasing volatility, low levels can precede sharp price movements. Traders must stay informed about macroeconomic developments that could impact market dynamics.

Please check out the report’s highlights.

February 2025 presented a unique landscape for cryptocurrency volatility, particularly for Bitcoin (BTC). The month can be divided into three distinct phases: a volatile beginning, a calm middle and a tumultuous end. At the outset, BTC witnessed significant price corrections due to macroeconomic factors, particularly President Trump’s announcements regarding tariffs on neighboring countries. These announcements triggered sharp reactions within both crypto and traditional markets, leading to a spike in realized volatility.

Midway through the month, however, BTC's volatility dropped to a historically low level of 29%. This period of subdued volatility was notable, as it marked the lowest level of realized volatility BTC had experienced in nearly 18 months. This calm phase belied the underlying tensions in the market, as traders remained cautious but still anticipated further developments regarding economic policies. The low volatility during this period reflected a temporary stabilization, but it was clear that external factors were still at play, creating an environment ripe for speculation.

As February 2025 drew to a close, volatility surged again, largely driven by macroeconomic uncertainty and specific developments in the crypto space. By the end of the month, Bitcoin’s price had fallen below $80K, and Ethereum (ETH) had lost all of its gains since the November 2024 US elections. This dramatic shift underscored the volatile nature of the crypto market, and highlighted the speed with which market sentiment can change in response to new information.

February’s volatility wasn’t merely a product of internal market dynamics: it was also heavily influenced by macroeconomic events. President Trump's tariff policies created significant uncertainty, affecting traditional markets and the crypto space. The market reacted sharply to these announcements, with crypto assets often acting as leading indicators for broader market movements. The initial announcement of tariffs led to a wave of selling, as traders sought to de-risk their positions ahead of anticipated market corrections.

Throughout the month, several key announcements contributed to volatility. For example, the tariffs on steel and aluminum and the uncertainty over their implementation created a speculative environment. Traders were particularly sensitive to these developments, leading to pronounced price movements in both crypto and equities. This interconnectedness illustrates the growing relationship between crypto markets and traditional financial systems, as macroeconomic factors can have profound impacts on asset prices across the board.

The volatility patterns observed during February 2025 also reflect a broader trend whereby external economic factors shape market sentiment. The anticipation of policy changes and macroeconomic developments created an environment of hypervigilance for traders, who were ready to react to any news that could influence market conditions. This heightened sensitivity underscores the need for market participants to stay informed about macroeconomic trends and policy announcements, as these factors are likely to continue influencing volatility in the future.

Persistent sensitivity to external catalysts

Despite a long-term trend of decreasing volatility in the crypto market, February 2025 made it clear that significant macroeconomic and policy-driven catalysts can still provoke sharp price movements. The month began and ended with pronounced volatility spikes driven by uncertainty surrounding Trump’s trade policies, demonstrating that even in a generally declining volatility environment, external factors can have outsized impacts.

Low volatility levels experienced in the middle of February, when BTC's realized volatility dropped to 29%, serve as a reminder that calm periods can be deceptive. The historical context of this floor level indicates that such low volatility often precedes significant reversals. As market participants observed the rising volatility toward the end of February, it became evident that the calm was likely temporary — and that uncertainty was increasing.

Looking ahead, expectations of volatility in the crypto market have rebounded in response to ongoing economic uncertainties. The announcement regarding Trump’s proposed strategic crypto asset stockpile further complicated market dynamics. Initially, traders anticipated new demand for crypto assets, but the clarification that the stockpile wouldn't involve new purchases led to disappointment and a swift decline in implied volatility — a scenario that illustrates the complex interplay between market expectations and actual policy actions.

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Bybit X Block Scholes options volatility report (February 2025): Market braces for imminent volatility

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NFTs have use cases beyond memeable JPEGs. From fashion to music, these utility NFT projects will blow you away.

Few things have captured the imagination of cryptocurrency investors the way NFTs have. First introduced in 2012 with Vitalik Buterin’s 

 project, these unique digital assets have soared in popularity in recent months. With the introduction of 

 in 2017, more people became fascinated with NFTs. Today, the NFT utility industry is thriving. Recently, an NFT sold for an eye-popping 

, and that’s just the beginning. NFT use cases are evolving and changing. No longer merely JPEGS, GIFs and memes, utility NFT projects have quickly taken the top spot as the “next big thing.” 

NFT applications might just be the key to the future, tracing ownership, defining properties, and granting unique behind-the-scenes access to token-holders.

Utility NFTs are non-fungible tokens that represent access, opportunities or other benefits for their holders. As with other NFT applications, NFT use cases hold value based on their scarcity as well as a clearly defined value, and tend to appreciate in value over time. Utility NFT projects are classified according to type, and they feature a variety of practical applications, granting access to airdrops, exclusive opportunities, invites, exclusive experiences, and early access to events or products.

Blockchain technology provides a permanent immutable record, storing information and creating a clearly identifiable and publicly accessible record. NFT utility assets represent anything unique, granting users and creators more flexibility and options than ever before. These projects can be powered by smart contracts, which require that certain conditions are met before transactions can be finalized. This eliminates the need for a trusted third party and enables 

The concept of NFT utility isn’t necessarily a new one. The general public has typically viewed non-fungible tokens as a type of “digital trading card,” often representing art, game characters, or other digital content. They can also be digital receipts which represent ownership of a specific digital or real asset, or a digital record that includes metadata related to NFT applications.

This emerging NFT utility technology has captured the imagination of millions of people, and the practical possibilities of this technology are virtually endless. Since the earliest days of humanity, we’ve enjoyed collecting things and connecting with others who collect those same items. NFT applications make it easy to do just that. With increased NFT utility, token holders can collect specific items, often with built-in rarity or scarcity, and share them with a community of others who own similar items or who share similar interests. 

The concept of NFT utility goes far beyond collectibles, however, and is beginning to extend into a variety of real-life scenarios.

NFT use cases are still emerging, with new scenarios coming out every day.They offer an almost unimaginable array of options — not just for gamers and investors, but for everyday people. These novel NFT use cases can give us new ways to identify, track and simplify our day-to-day movements.

Massive interest in NFT applications has led to a booming market of crypto-collectibles and NFT art. Investors, developers, entrepreneurs and creators are discovering new real-world applications for managing assets, logistics, sensitive data and more through the magic of NFT applications. The burgeoning field of NFT utility is ripe for harvest with new applications and experimental use cases appearing each day.

NFT utility products can be designed specifically as a way to record product authenticity, storing product data such as rarity, history and origin. Users may even be able to trace the manufacturing process to understand its path from origin to finished product, or ensure various aspects of production, such as fair trade. Consumer products are one possible and popular option for NFT use cases, but commercial and industrial NFT use cases aren’t far behind.

Wondering how NFT enthusiasts are pushing the boundaries of how we can use NFTs in society today? Here are some examples of utility NFT projects we’re excited about.

The concept of digital fashion isn’t new. Gamers have long had the ability to purchase digital clothes and accessories to add flash and flair to their characters and avatars. Digital fashion is evolving, however, along with the options for accessing and owning it. 

Today, users can access a vast array of virtual fashion pieces to use and “wear” on avatars by such top gaming names as Sony, Epic Games and Activision Blizzard, and on various social media networks. As NFT utility technology transforms the business, so will its options — ranging from virtual fashion shows you can attend in the comfort of your bedroom, to immersive first-class retail shopping experiences that grant you behind-the-scenes access to all of your favorite brands.

MIRL is one of these virtual fashion options. This creative, decentralized autonomous organization has more than 4,548 MIRL “Personas” ready for investors who want to get in on the FashionFi narrative early. Keen on being part of the MIRL hype? Check out 

, home to these MIRL Personas. To find out more about what makes 

, to see how MIRL is revolutionizing the world of crypto.

Gaming is among the best-known uses for NFTs. From metaverse to play-to-earn models, gaming naturally pairs with NFT applications. Gaming NFTs are available in a wide array of genres, ranging from casual farming, collectible role-playing games and RPGs to deeply immersive strategy simulations — allowing for cross-platform playability, in-game trading, instant transactions, brand expansions, and exciting new revenue streams.

While play-to-earn gaming NFT utility models are certainly popular, gaming NFTs run the gamut, and you might need to dig deep to enjoy everything a particular game has to offer. However, as with other NFTs, once you’ve earned or purchased your own gaming NFTs, you’ll have part ownership in the game, and can trade or sell those same tokens within the game. Some games even provide you with the ability to exchange gaming NFTs across various platforms in exchange for real money.

You might already be familiar with the idea of gaming NFTs in the form of 

, an RPG in which players can raise and breed a variety of little monsters, each of which inherits various traits from its ancestors. Axie monsters are collective and tradable both in-game and via NFT applications and marketplaces, with rare Axies having vastly higher worths than more common ones.

NFT use cases have the power to transform the ticketing industry. The 

 is believed to have originated in ancient Greece, but it wasn’t until the 1700s that theater managers began to offer prepaid tickets, allowing them to better control the flow of theater traffic. Paper tickets came on the scene about a century later and were often highly decorative that became collectibles in their own right. Around 2010, paper tickets began being phased out, and were replaced with digital tickets or QR codes. These tickets are fast and convenient, and they reduce paper waste. However, the lack of collectibility is frustrating for some users. 

Ticketing NFTs combine the best of paper tickets and QR codes. You can enjoy top-quality security with a ticket that’s easy to access and scan. With these types of NFT use cases, event organizers will be able to mint a specific number of NFT utility tickets on a particular blockchain platform. The ticketing NFTs can sell for a predetermined price or at auction. Once purchased, they’re held in a wallet accessible via mobile device, which can then be scanned

When it comes to NFT use cases, ticketing is one of the most flexible, granting event organizers the ability to mint the required number of ticketing NFTs on their choice of blockchain platform. They can code the ticketing NFTs to set a sale price, or run the sale as an auction, where people can start a bid for tickets.

Customers then purchase NFT utility tickets and keep them in their wallets, which can be accessed from their mobile devices. Customers may also have access to a variety of other benefits through NFT applications, including safe storage, a community of those with similar interests, and limited-edition perks and incentives.

In the world of utility NFT projects, ticketing can be done using a unique ID, much like a QR code, which is then scanned. This reduces paper use and makes tickets easy to verify using a scanner at one or more checkpoints. You can keep your ticketing NFTs at the event’s conclusion, however, and depending on the type of the event or NFT use cases, it may continue to provide access to other events or members-only communities.

With the proliferation of the metaverse, digital land is becoming increasingly popular. You might be familiar with the concept of digital property through projects such as 

 can be used for a wide range of activities, including advertising, hosting experiences, socializing, gaming or achieving goals. NFT applications are used to trace ownership, purchase via smart contract, and conduct various business on virtual properties.

While it’s easy to imagine NFT applications in conjunction with virtual property, it might be harder to wrap your mind around the idea of NFTs and real estate. However, the reality may be closer than you think. 

In the real estate industry, NFT applications can be used to represent physical properties. 

 can be linked to map coordinates, prices, measurements, historical ownership and more, making it virtually impossible for bad actors to tamper with various essential details associated with the property. 

Real estate NFT applications can be used to store land deed data and proof of ownership, track property value data, simplify and speed transactions, and allow for smart contracts to complete sales more effectively with minimal risk of sensitive data exposure.

The right utility NFT projects can also grant exclusive access to various communities. Also known as access NFTs, or NFT utility tokens, this type of non-fungible token grants ongoing access to content and communities in either the digital or physical world. One example would be the 

, with an NFT utility token that grants exclusive membership to a special yacht club.

Each unique ape is randomly generated, using more than 170 potential traits including clothing, accessories and facial expression. Apes are stored as tokens on the Ethereum blockchain, and each has the same cost: 0.08 ETH. Once you purchase your ape, you have access not just to avatars and art, but to a community with benefits that grow with time. Your Bored Ape NFT utility token will open doors in the community as you discover new opportunities and dip your toes in new swamps.

Membership in the club grants you access to other members-only spaces, including:

 competition. This game is played as a virtual food fight between the bored apes and the mutant apes.

Music NFT applications are a blockchain-based way to purchase the music you love. Instead of buying a track through another platform, you can purchase the track as an NFT utility token. Why would you choose NFT applications over MP3s? NFT utility applications offer not merely the music, but ownership in the asset. In other words, you own the file, which is original and provably unique.

The most obvious benefit of music NFT applications is that artists can earn valuable royalties. Called Limited Digital Assets, or LDAs, artists can directly share streaming royalty revenues with NFT-holding fans. Sound.xyz is one of these music NFT applications, creating new ways for listeners and music to connect for a more collaborative music experience. 

 is built on Web3 technology. It’s designed to give listeners more (and more effective) ways to directly support their favorite artists, discover emerging new artists, launch listening parties, and create their own musical culture.

Art has been one of the first and most popular uses for NFTs. NFTs make it possible to both tag and track digital and physical art for better identification, authentication and tracking of various pieces. While you might not think of your profile picture or 

 as art, it can be — especially when you opt to use an NFT.

Increasingly, social media platforms are making it possible for users to show off their unique style with NFT profile pictures. To do so, simply connect your profile with your crypto wallet, which will enable you to display your own NFT utility art as your avatar — thus marking you as the owner of that particular NFT. It can be a fun way to show your flair!

Blockchain technology and NFTs are increasingly making the impossible possible, and using the power of the blockchain to support their communities, including:

These NFT use cases are all indicative of exciting new utility NFT projects on the horizon. They may pave the way for even more new NFT use cases and projects that can make our lives easier or more enjoyable, connecting us with new people, new collectibles and new options.

The benefits of NFT utility and the diversity of NFT use cases are growing quickly. As more people discover this, they’ll become more popular, and we’ll see even more creative ideas and use cases emerge. However, at this time, NFT applications are still very much in their infancy, and many new utility NFT projects still need to be more fully fleshed-out to become viable ideas with quantifiable, real-world value.

Utility NFT Projects: NFT Use Cases Beyond JPEGs and Memes

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