Lens Chain NFT sales climbed to $95 million on April 19, 2025, boosted by celebrity endorsements and cross-chain minting, as noted in posts found on X. High-profile artists and influencers are leveraging the platform’s decentralized social media features, driving demand for unique digital assets amid a recovering market. The surge follows a dip tied to the Mantra crash, but the reliance on celebrity hype raises concerns about sustainable growth.
Critics on social platforms argue that this could lead to another speculative bubble if the trend lacks underlying value, especially with China’s crypto disposal potentially flooding the market. Analysts suggest Lens Chain’s success hinges on diversifying beyond celebrity appeal, possibly through enhanced security measures against past NFT exploits. This milestone highlights the platform’s potential, but its longevity remains under scrutiny.