The world of Non-Fungible Tokens (NFTs) has experienced significant highs and lows. While the focus often remains on digital art and collectibles, a crucial part of the ecosystem – the NFT lending market – has been significantly impacted by recent challenges. However, leading blockchain analytics platform DappRadar offers a glimmer of hope through innovative catalysts like linking NFTs to real-world assets (RWAs). 2023 has seen the dramatic decline in trading volume for NFT lending from over $1 billion in January to just $50 million by May, according to DappRadar. This drastic decrease has left many wondering about the future of borrowing and lending against digital assets. But DappRadar’s report highlights a crucial turning point.