NFT market correlations among Ethereum collections are weaker than correlations in cryptocurrency, stock and Forex markets, and they deviate from pure noise, according to a study by Marcin Wątorek, Paweł Szydło, Jarosław Kwapień and Stanisław Drożdż, posted in April 2024. The authors apply random matrix theory, detrended cross-correlation coefficients and minimal spanning trees to 90 ...
A study on NFT wash trading detection from the University of Pennsylvania, Boston University and the University of California, Los Angeles classifies about 38% of trades on LooksRare, Blur and OpenSea as likely manipulation. Brett Hemenway Falk, Gerry Tsoukalas and Niuniu Zhang measured wash trading directly from public on-chain data, tracing wallets instead of inferring ...
NFT visual traits carry measurable price premia and discounts in major Ethereum collections, and the size of the premia changes with market conditions, according to a paper by Samiha Tariq, a PhD candidate in economics at Southern Illinois University Carbondale. The study analyzes 94,039 secondary-market sales from 26 generative collections between January 2021 and March ...
NFT valuation in major Ethereum collections tracks the intensity and tone of Reddit discussion, according to a working paper by researcher Samiha Tariq posted on February 2, 2026. The study merges 87,696 secondary-market sales from January 2021 through March 2025 with Reddit-based attention and sentiment measures for 25 large generative collections. The author reports conditional ...
