- Blue-chip NFTs like CryptoPunks and Pudgy Penguins saw sharp price jumps and more buyers.
- NFT market cap rose 21.2% and daily sales volume surged over 300%.
- Analysts and artists say the NFT space could be making a strong comeback.
The non-fungible token (NFT) market shows signs of a strong comeback, led by sweeping purchases of top-tier collections and a surge in overall market metrics. Following a weekend crypto rally, blue-chip NFTs experienced sharp price gains and a wave of new holders entering the space.
CryptoPunks, Pudgy Penguins, Infinex Lead the Charge
CryptoPunks, the largest NFT collection by market capitalization, saw a 15.9% spike in its floor price, jumping from 40.9 ETH to 47.50 ETH, currently worth over $179,000. On Sunday alone, 83 new wallets acquired CryptoPunks, marking a sharp increase in demand.
Pudgy Penguins, another leading collection, surged 15% to a floor price of 16.60 ETH (around $62,597). The collection added 100 new holders daily, indicating renewed retail and institutional interest.
The governance-linked Infinex Patrons collection also rose 9.4%, climbing to 1.4 ETH ($5,241). Other NFT series posted even higher returns. You, the Real MVP, a membership-based collection tied to the Memeland ecosystem, gained an impressive 1,280%, leading all collections in daily growth.
The broader NFT market followed suit. According to CoinGecko, the total NFT market cap rose 21.2% in the past 24 hours, surpassing $6.34 billion. Daily sales volume jumped 303% to reach $38.7 million. These numbers mark a sharp reversal from Q1 2025, when NFT volumes dropped 61% to $1.5 billion, the worst quarter since 2020.
After a prolonged market downturn, the recent uptick suggests renewed investor confidence. Notably, this resurgence follows a rough 2024 for NFTs, which was characterized by low liquidity and bearish sentiment.
Influencers and Analysts Signal Momentum Shift
NFT creators and industry insiders are reacting to the shift. Digital artist Beeple commemorated the price rally with a new artwork titled “Big Sweep.” Influencers on X (formerly Twitter) echoed a possible NFT renaissance. “We might be back,” said NFT advocate Cirrus. Others, including former banker TylerD, noted the staying power of collectors from the 2021 cycle.
Snoop Dogg also drew attention after selling nearly 1,000 NFTs in 30 minutes on Telegram earlier this month. Market analysts have pointed to real-world assets and renewed cultural interest as potential catalysts for continued growth.
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