The prices of Bored Ape Yacht Club NFTs have plummeted by around 93% since their peak in April 2022. The decline in the NFT market and fading enthusiasm have contributed to the significant drop in value. Despite being considered a "blue chip" in the NFT space, there are no signs of a reversal in the decline.
The Celestia fire sparked widespread discussion about modular blockchains. In fact, modular blockchain has always been an important part of the application chain narrative and is not a new thing.