Arbitrum and Rarible Integration

Arbitrum is now integrated with Rarible, enabling seamless NFT trading while ensuring full creator royalty support.

Rarible’s Decision

Rarible has stopped aggregating orders from other marketplaces to prioritize artist royalties and maintain creator rights in all transactions.

Arbitrum has joined Rarible, providing greater opportunities for the NFT community. Users of Arbitrum-based NFTs can trade and explore directly on Rarible with this integration, guaranteed to keep creator royalties.

The key benefits of this Layer 2 blockchain include faster transaction speeds and reduced costs, providing a more efficient experience than other solutions available.

Following this latest move, Arbitrum’s native token, ARB, has performed well. As of press time, ARB is priced around $0.3607, up 2.99% over the last 24 hours, driving its market cap to surpass $1.5 billion.

Rarible Stands Firm on Creator Rights

Rarible’s integration with Arbitrum is part of a larger strategy. In August 2024, Rarible decided to stop aggregating orders from platforms like OpenSea and LooksRare. This move was aimed at ensuring the protection of creator rights across all trades, especially amid ongoing debates about creator royalties in the NFT market.

OpenSea Regains Dominance

In contrast, OpenSea has regained dominance within the Ethereum NFT market after facing intense competition. Recently, it has reclaimed a 71.5% market share, largely due to the release of the SEA token, which boosted trading activity. Daily trading volume on OpenSea surged from $3.47 million to $17.4 million, with transaction counts increasing from 6,101 to 14,700.

Despite this resurgence, questions remain about OpenSea’s long-term commitment to creator royalties.

NFT Projects That Struggled

Not all NFT projects have thrived. Tennis Australia sold over 10,000 tennis ball images as NFTs, but their value plummeted by 90% shortly after launching. The initially popular Artball program lost its appeal and discontinued its website and servers, marking the decline of the NFT hype.

Similarly, Rtfkt, a Web3 streetwear company, which made $185.3 million in NFT sales, has also stumbled after being acquired by Nike. As the value of Rtfkt’s products declined, it appears to be entering a challenging period following its recent closure in early 2025.