The non-fungal token (NFT) sector rose to a market capitalization of more than $ 9.3 billion as the Ethereum-based collections increased, along with the prize of Ether.
NFT Data Tracker NFT -price floor showed on Wednesday that the total market capitalization for NFT collections had affected $ 9.3 billion, an increase of 40% from July. According to Dapradar data, NFTS had a market capitalization of $ 6.6 billion last month.
Ether (ETH), which was recently pushed past the milestone of $ 4,000, has been an important engine behind the NFT market. At the time of writing, ETH traded above $ 4,600 and, according to Coingecko, had a market capitalization of more than $ 557 billion.
Since many NFTs are based on the Ethereum Minet, their sales and valuations are expressed in ETH. That is why the Bullish Momentum of the Crypto -Actief translates into higher market values and increased activity in the NFT space. At the time of writing, the top 10 NFT assets were based per market capital.
Top 10 NFTs through market capitalization. Source: NFT -Price floor
NFT Market Cap has risen 40% since July
Cryptopunks retains its place as the best NFT collection through market capitalization. Published data from NFT -price floor shows that the collection is worth at least 526,900 ETH (around $ 2.4 billion).
In the past seven days, cryptopunks had nearly 4,200 ETH in volume, worth almost $ 20 million. During the week the collection had 90 total turnover, on average at $ 217,331 per NFT.
Top NFT collections per seven-day volume. Source: Defillama
The bored APE Yacht Club (BAYC) follows cryptopunks in the ranking with a rating of $ 602 million, while Pudgy Penguins closely follows with $ 591 million.
Related: $ 8.5 million NFT turnover of up to $ 574 million in July, in second place in 2025
Pudgy Penguins Added to a Crypto Treasury
However, while Bayc leads in appreciation, the Pudgy Penguins collection is at the top of Bayc in terms of seven-day volume. Defillama data suggesting that Pudgy Penguins had a volume of $ 8.7 million last week, while Bayc had $ 6.3 million.
In a Cointelegraph interview, Pudgy Penguins CEO and owner Luca Schnetzler (better known as Luca Netz) said the expansion of the collection in a physical toys brand, the company saved from bankruptcy in 2022.
Since then, the collection has been a leading NFT brand that competes for other Blue-Chip collections.
This week, Blockchain Company BTCS Inc. said That it has added three pudgy penguins to his business science.
Source: Pudgy Penguins
Apart from the three collections, his other top 10 NFT collections by Market Cap Chromie Squiggle from Art Block from SnowFro, Autoglyphs, Fidenza from Tyler Hobbs, Lil Pudgys, Mutant Ape Yacht Club (Mayc), Moonbirds and Milady Maker.
Magazine: How Ethereum Treasury companies can pop up ‘Defi Summer 2.0’