NFT Market Reignites: SoSoValue Index Soars 300%—Can These 4 Altcoins Sustain the Momentum?

NFT-driven interest is revitalizing infrastructure tokens like VET, FIL, OP, and TON, but sustainability remains uncertain.

Filecoin and Optimism stand out for offering tangible NFT infrastructure benefits tied to storage and transaction efficiency.

VeChain and Toncoin may benefit indirectly through network exposure but need stronger usage metrics to support price growth.

The NFT sector has staged a dramatic comeback as the SoSoValue NFT Index records an astonishing 300% surge in just a matter of weeks. This sharp uptick in NFT-related asset values has reignited interest across the broader crypto ecosystem, with several altcoins showing strong correlation to the renewed enthusiasm. Tokens like VeChain (VET), Filecoin (FIL), Optimism (OP), and Toncoin (TON) have exhibited significant upward movements, raising questions about their ability to sustain the rally.

NFT infrastructure tokens and adjacent utility coins are increasingly viewed as vital to the digital asset economy’s broader recovery. Analysts are pointing to rising trading volumes, improved on-chain activity, and renewed developer contributions as signals that this may not be a short-lived spike. However, caution remains, particularly given the historical volatility associated with NFT booms.

VeChain (VET) Shows Renewed Network Utility Amid Market Uptick

VeChain has re-entered market discussions following a noticeable increase in transactional activity. While the project has long focused on enterprise blockchain applications, the resurgence in NFT usage may indirectly benefit the token. Its superior supply chain integrations, now being applied to NFT authenticity and provenance solutions, provide a framework that could scale. Still, some experts warn that unless new user demand accelerates, the token’s price may face resistance near short-term highs.

Filecoin (FIL) Gains as Decentralized Storage Draws Attention

This trend in the price action of Filecoin indicates the rising popularity of decentralized file storage systems, which are considered a fundamental part of NFT data permanence. By pursuing scalability on NFT platforms, the Filecoin storage architecture can be more reliable and cost-effective. The project still faces network congestion and competitive pressures in spite of this momentum. Ecosystem partnerships and usage growth are key factors that determine whether FIL will stay profitable in the medium run.

Optimism (OP) Rides on Ethereum Layer-2 Expansion

Optimism has posted a strong performance amid Ethereum’s scaling demand. As NFTs drive congestion on mainnet, layer-2 solutions such as Optimism present innovative pathways for cheaper transactions. The recent price growth of OP aligns with increased smart contract deployment and bridge inflows. However, OP’s sustainability may hinge on whether the NFT revival maintains its pace or fades as liquidity thins.

Toncoin (TON) Benefits from Telegram Integration but Faces Mixed Sentiment

Toncoin is still gaining traction after the opening of integration in Telegram, a decision that broadens its exposure to NFT and gaming initiatives. Despite the phenomenal exposure, TON's performance remains mixed, with analysts noting volatile inflows and inconsistent developer engagement. Nevertheless, its strategic positioning has the potential to render it one of the more energetic tokens should NFT-based social apps become popular.