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Lens Chain NFT Sales Hit $90M with New Artist Incentives

Posted on April 19, 2025

Lens Chain NFT sales surged to $90 million on April 18, 2025, driven by new artist incentives like royalty guarantees and cross-chain minting support, as reported by CoinDesk. This growth reflects a rebound from earlier market jitters, with decentralized social media NFTs gaining traction among creators seeking fair compensation. The platform’s integration with OpenSea has expanded reach, but the sudden spike prompts questions about whether this is driven by genuine demand or speculative hype.

Critics on social platforms warn that artist incentives might attract short-term players, risking another bubble if market conditions shift, especially with China’s crypto disposal looming. Analysts see potential for long-term growth if Lens Chain addresses security concerns, such as smart contract vulnerabilities seen in past NFT exploits. This milestone positions Lens Chain as a leader in the evolving NFT space, pending sustained adoption.

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