Arbitrum Joins Rarible, Providing Greater Chances for the NFT Community
Arbitrum has joined Rarible, providing greater chances for the NFT community. Users of Arbitrum-based NFTs can trade and explore directly on Rarible with this integration, guaranteed to keep creator royalties.
The key benefits of this Layer 2 blockchain include faster transaction speeds and reduced costs, providing a more efficient experience than other solutions now on the market.
Following this latest move, Arbitrum’s native token, ARB, has performed quite well. As of press time, ARB has swapped hands at about $0.3607, up 2.99% over the last 24 hours and driving its market cap to surpass the $1.5 billion mark.
Rarible Stands Firm on Creator Rights
Rarible’s move to integrate Arbitrum is not the only big decision they have made in recent months. The market chose in August 2024 to stop aggregating orders from other platforms, including OpenSea and LooksRare. This decision was taken to guarantee protection of creator rights in every kind of trade.
Creator royalties have become a heated issue in the NFT market recently, and Rarible has decided to support artists and content creators.
OpenSea Regains Dominance of the Ethereum NFT Market
Meanwhile, OpenSea, which lost market share from intense rivalry, has been able to reclaim its dominance. In just four weeks, the platform has recovered a 71.5% share of the Ethereum NFT market, as we previously reported.
The release of the SEA token, which sharply raised activity on its market, was mostly responsible for this boom. The daily trading volume of OpenSea surged from an average of $3.47 million to $17.4 million; the daily transaction count jumped from 6,101 to 14,700.
This indicates that OpenSea is still a powerful force difficult to change even with the few fresh ideas in the NFT field. Long term, though, can its attitude to creator royalties stand up? That still marks a great uncertainty.
When Hype Fades: NFT Projects That Struggled
Not all NFT projects, in the meantime, have gone as planned. Tennis Australia sold over 10,000 tennis ball images as NFTs in January 2025, and their value declined by 90%. Initially attracting a lot of interest, the Artball program lost attractiveness.
Actually, the website and servers connected to the project have vanished, therefore marking the end of the once-extreme NFT frenzy.
On the other hand, Rtfkt, a Web3 streetwear company acquired by Nike in 2021, faced a similar fate once in the forefront. Having tracked NFT sales of $185.3 million and working with several well-known names, they eventually stopped running in early 2025. With Rtfkt product value also declining, the once-promising NFT fashion business today seems to be entering a dark period.