NFTs, or non-fungible tokens, are an area of blockchain-based applications that have big takers among creators. They can be unique ideas, art designs, music pieces, or even gaming assets. NFTs have gained much traction in a short time. Needless to say, there are many NFT projects on the market.
However, if you are new to NFTs and are looking for something that has utility and is worth investing in, here are the top five NFT projects that have market demand and the potential to become the next big thing.
NOTE: Crypto investments involve significant risk. Do not take the views mentioned here as financial advice. Please conduct thorough research before making any investment.
Top 5 NFT projects that have great potential
1) EtherRunes
EtherRunes is one of the newest NFT projects on the block, but it has become one of the top picks pretty soon. Launched in 2025, it has blended gaming, folklore, and interoperable digital artefacts.
The biggest attraction of EtherRunes lies in the fact that it is composable and can be easily integrated with gaming ecosystems. Today, the high-quality art and the strong developer tools available have made EtherRunes the top choice for gamers, developers, and NFT collectors.
2) Pudgy Penguins
Pudgy Penguins started as a cute PFP collection but soon had a turnaround. Today, it is immensely popular and has taken over the Las Vegas Sphere before Christmas 2025. It has not sustained high interest since its launch, due to its dedicated community. Two things have really fuelled this project: real-world toys and immense online popularity.
3) Bored Ape Yacht Club (BAYC)
BAYC was started by Yuga Labs in the post-COVID era. It started with a simple yacht club theme, but celebrity adoption gave it a push. Popular athletes like Steph Curry and Neymar adopted BAYC.
Bored Ape Yacht Club gives commercial rights to holders, has APE tokens, and offers a metaverse experience.
4) Azuki
Azuki was launched in 2022 by Chiru Labs. Its popularity stemmed from the anime-inspired art it focused on. It launched PBTs (physical-backed tokens), which give physical assets to the on-chain world. Azuki has the potential to become a leading anime intellectual property.
5) DeGods
DeGods was launched in the post-COVID era. The most striking fact about it is that it has retained its popularity despite moving across multiple chains. Chain migrations did not hamper much, as the project had strong community support. Its popularity stems from the founder's hype and high-energy meme-driven culture. Apart from this, its cross-chain mobility and strong community are what drive DeGods.
These are the top five NFT projects at the moment, but this list is dynamic and inclusions or exclusions will be made based on project utilities, acceptance, and cultural value offered.