The NFT market is experiencing a resurgence, with CryptoPunks leading the charge as trading volume spikes. Over $26 million worth of NFTs changed hands on Ethereum in a single day, the highest since February. CryptoPunks’ floor price surged 20% to 48 ETH ($177,000), while Solana’s Mad Lads saw a 27% increase. Despite the uptick, activity remains below previous highs, with no collections nearing all-time price records. Analysts caution that the trend may not sustain, as earlier spikes in volume were short-lived. Meanwhile, other collections like Pudgy Penguins and Mutant Ape Yacht Club also posted gains, signaling broader market momentum.
about NFT Market Rebounds as CryptoPunks, Mad Lads See Surge