Gate News reports that on March 29, despite several digital art projects debuting at the Hong Kong Basel Art Fair, the NFT market overall remains sluggish, showing no clear signs of recovery. Specifically, the listing price for Bored Ape 5278 in the "Bored Ape" series is currently just 7 ETH, down over 100 ETH from its last transaction price, reflecting a significant decline in the valuation of top NFT assets. Once regarded as a rapidly rising asset class, the NFT art market has notably cooled, with both liquidity and price performance continuing to face pressure.

Etherscan updated its blockchain explorer on March 27, adding a real-time metadata display for trustless agents registered under the ERC-8004 identity registry on the NFT detail page, including agent status, payment support, and skill information, aimed at providing identity and reputation verification mechanisms for blockchain AI agents.

This week, the NFT market showed active trading with buyer numbers growing 100.75% to reach 236,771 people, and seller numbers increasing 141.83% to 295,021 people, but total transaction volume declined 31.63% to 903,279 transactions. Ethereum and Polygon performed outstandingly, particularly with Polygon's Courtyard series experiencing significant sales growth. Analysis indicates that despite the increase in buyers, the average purchase quantity per person has declined, resulting in limited overall sales growth.

Gate News, on March 24, according to CryptoSlam data, total NFT market sales for March reached $105.9 million, marking the lowest monthly sales record since 2021.

Metaverse land prices plummeted 99.8%, with plots once valued at $24 million now worth only $9,000, reflecting market revaluation. NFT market trading volume declined significantly, though sales volume increased, shifting toward cheaper assets. High-end valuations were further eroded, indicating the market is moving toward utility-based assets.

Gate News: On March 19, NFT series Azuki launched TCG digital card Gate 0, which users can mint for free. The official team stated that Gate 0 is not a playable card in the Azuki TCG and does not have any gaming functionality, existing solely as a collectible.

Gate News reports that on March 18, Sui ecosystem decentralized AI infrastructure project DeAgentAI announced it has completed the second round of AIA token airdrop distribution to Genesis NFT holders. The airdrop has been directly sent to users' bound Sui

Gate News, on March 18, NFT project Doodles launched an AI creation platform at makedoodles.ai. The platform supports users uploading images and generating artwork in Doodles style through AI technology.

On March 17, Polymarket prediction market data showed that a new account bet $150,000 that Netanyahu would step down before March 31. Despite a clarification video posted from his official account, the unusual activity raised questions, with the current prediction probability at 4%. The account had previously been active in NFT trading.

A certain NFT trading platform announced a delay in its SEA token issuance plan. CEO Devin Finzer stated that the token generation event originally scheduled for Q1 2026 will be postponed, with specific dates to be announced later. The delay is due to challenging cryptocurrency market conditions, with the team aiming to ensure all preparations are fully in place before launching the issuance.