Messari has issued its State of Stream Q1 2025 report, highlighting Stream’s efficiency to this point this 12 months.
Launched by Dapper Labs in 2020, Stream was one of many earliest pioneers in implementing account abstractions and UX enhancements. In Q1 2025, the consumer-facing community superior this work, increasing its partnerships with a number of cross-chain bridges, together with LayerZero, Axelar, and deBridge. Stream is now built-in with over 100 chains, enhancing composability and onboarding for builders.
Though typically overseen among the many hundreds of different client chains in the present day, the report signifies good ahead momentum for Stream, notably when it comes to its NFT ecosystem, essentially the most energetic sector on the chain.
Regardless of difficult macro market circumstances, each gross sales and person acquisition round NFTs on Stream have been up 7% QoQ in 2025. Specific manufacturers and IP driving this momentum embody NFL, NBA, Disney, Barbie, Scorching Wheels, UFC, and extra, all of which unlock new ROI by means of gamified, mobile-first fan experiences.
NBA High Shot, NFL All Day, and their IP-based NFTs are the 2 dominant collections. Collectively, these made up 80% of its $8.1 million of NFT buying and selling quantity in Q1.
Notably, each NBA High Shot and NFL All Day NFTs can be used to compete and play in prediction competitions, challenges and tournaments.
A part of Stream’s Q1 development can be because of the community’s collaboration with OpenSea, which noticed the NFT market going stay on Stream in February 2025. With this integration customers are in a position to commerce NFTs and earn XP on the platform utilizing Stream Pockets.
In March, Stream’s main NFT assortment NBA High Shot grew to become tradable on OpenSea, after which it was ranked in OpenSea’s prime 5 trending collections for 4 weeks.
By way of video games, Stream emerged into the sector in 2023, however hasn’t fairly discovered its candy spot but. In step with the recognition of sports activities content material on the community, it’s no shock that Metaverse Soccer League (MFL) is essentially the most profitable recreation. In Q1, it generated $1 million, up 130% QoQ, in secondary-market quantity throughout Packs and Gamers.
Common every day energetic addresses on Stream additionally elevated 144% QoQ, and every day transactions have been up 10.6% from This autumn 2024.
Lastly, the DeFi sector noticed some file highs too, with Stream’s TVL hitting an all-time excessive of $44.4 million, led by protocols like KittyPunch and MORE Markets. These supply new investing and buying and selling alternatives, one thing that widens Stream’s use case past NFTs.
Uncover extra about Stream by way of Stream.com.