Ethereum News: CryptoPunks NFT Sets New Sales Record in February 2025

In the ever-evolving world of digital art and collectibles, the CryptoPunks NFT collection has once again proven its dominance. Here’s a closer look at the latest milestone achieved by this iconic NFT series.

CryptoPunks NFT Sales Dominate February 2025 with Record-Breaking Transactions

The CryptoPunks NFT collection dominated the most expensive non-fungible token (NFT) transactions in February 2025. During its sale, CryptoPunk #4464 achieved a record-breaking price of 1,010 ETH, which corresponds to $2.18 million. The CryptoPunk marketplace demonstrated continued market demand during this period since the collection continued its position as a leader in digital collectibles. Other notable sales included CryptoPunk #8868 for 288.8 ETH ($643,000) and CryptoPunk #5473 for 162 ETH ($457,000).

$1,903M Worth of ETH Burned Over Past Month: Metamask Dominates Ethereum Burner DeFi Projects

DeFi projects have played a crucial role in Ether token burning, driving greater DeFi adoption and actively participating in the ETH fee-burning mechanism. According to data reported by Phoenix Group, MetaMask led the way among the top 10 DeFi projects that contributed significantly to Ether fees burning over the past month. Other notable projects include Uniswap, Gnosis, 1INCH, Aave, Pendle, 0xProtocol, KyberSwap, and Paraswap.

Ethereum Price Crashes 13% Despite Trump Crypto Reserve Announcement

The Ethereum (ETH) price has crashed back below $2,200, losing all gains from yesterday’s announcement by US President Donald Trump of a strategic crypto reserve that would include Ethereum. Macro fears, including risks from D.O.G.E austerity, Trump trade wars, and uncertainty about the Fed’s reaction to an economic downturn, were in focus on Monday.

Ethereum Price Prediction: Touching $8000 in 2025 Possible

Ethereum’s path to $8,000 in 2025 is becoming a strong possibility as adoption surges and institutional investors double down. Currently trading at $2,216, ETH’s projected growth could fuel a new number of altcoin rallies. One project standing out is Mutuum Finance (MUTM), built on Ethereum’s secure and scalable framework. The newly introduced DeFi token has secured over $2 million in funding and attracted over 3,400 holders in its presale.