The NFT market (NFT) market shows signs of a revival, because the total market capitalization of the sector reached $ 6.6 billion in July, according to the Dapradar data platform.
The platform reported on Thursday that the figure represented an increase of 94% compared to the previous month. Weekly trade volume rose to $ 136 million, an increase of 51% compared to the previous week, which marks the strongest weekly performance since February.
The increase followed a continuous decrease in the quarterly trade volumes. On July 10, Daprad’s data showed that NFT -Handelsvolumes consistently fell from the second quarter of 2024 to the second quarter of 2025.
Cryptopunks lead revival while NFT sells more than $ 5 million
NFT Collection Cryptopunks based on Ethereum has led the leadership. According to D -Appadar, the prices of Cryptopunk floor have risen by 53%. The collection is most actively traded among NFTs.
“They are still the gold standard of Web3 Clout,” wrote D -analyst Sara Ghaghelas. “For some, possessing a punk is more than profit – it is status, pure and simple. And at the moment that status is trending.”
On Monday, cryptopunks registered a huge leap in floor prices. The collection went to a 47.50 Ether (ETH) floor price, worth almost $ 180,000, in 24 hours.
This was an increase of 15.9% compared to the starting price of 40.9 ETH that day. In addition, data showed that 83 cryptopunks were purchased by new holders that day.
Apart from the price increase of the floor, high-profile cryptopunk sale were made.
On Thursday, Gamesquare Holdings announced that the Punk #5577, the iconic Cowboy APE Cryptopunk, had bought $ 5.15 million from the company’s preference.
Punk with an Aaptehema sells for more than $ 5 million. Source: Cryptopunks
The previous owner of the Punk, Robert Leshner, the founder of Defi Protocol Compound, will now work with Gamesquare as a shareholder.
The Cryptopunk is one of the only 24 Aaptthema punks and has a cowboy hat. It was claimed for the first time in 2017 and was sold for $ 454. It was sold for $ 7.7 million on February 9, 2022, according to the cryptopunks website.
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Ethereum NFTs dominate rankings
Apart from cryptopunks, Pudgy Penguins with pinguint theme was also on the rise.
Last week Pudgy Penguins surpassed the seven -day trade volume of cryptopunks, with more than $ 20 million. However, at the time of writing, cryptopunks had returned the first place, making Pudgy Penguins in second place.
In the meantime, another collection -based collection rose after the maker, the heavy metal icon Ozzy Osbourne, died. On Wednesday, Cryptobatz NFTS increased by 400% after the news that Osbourne died NFT -Glagelaars.
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