🚀 NFT Market Explodes: 40% Surge to $221M as CryptoPunks Defy Gravity With 590% Leap

Digital collectibles just mooned—again. The NFT sector ripped past another milestone as blue-chip projects like CryptoPunks rewrite the rules of value creation.

Punks outperform the market (and common sense)

While the broader market saw respectable gains, Ethereum's OG pixel-art avatars left rational investors slack-jawed. The 590% pump makes traditional VC returns look like a savings account.

TradFi cope incoming

Watch hedge fund managers suddenly 'discover' digital ownership—just as retail buyers front-run another institutional FOMO cycle. The $221M volume spike proves web3's cultural capital is minting real economic velocity.

Solana jumps to third place

Ethereum has experienced a 4.5% spike over the last seven days, reaching $3,700. The global cryptocurrency market cap is now $3.87 trillion and remains unchanged from last week.

According to data from CryptoSlam, NFT buyers increased by 163.29% to 466,370, and NFT sellers ROSE by 158.30% to 291,510. However, NFT transactions have declined by 4.05% to 1,531,437.

BNB Chain holds fifth place with $10.1 million, rising 40.10%. Mythos Chain sits in sixth with $7.5 million, down 33.07%. Immutable (IMX) rounds out the top seven with $6.7 million, up 2.22%.

The buyer count has increased across most blockchains, with Polygon leading at 359.06% growth, followed by Solana at 126.35% and Bitcoin at 54.43%.

CryptoPunks sales jump 590%

CryptoPunks has taken the top spot in collection rankings with $33.7 million in sales, spiking by 589.56%. Courtyard on Polygon has fallen to second place with $9.6 million, declining 32.24%.

The collection has seen substantial decreases in buyers (85.10%) and sellers (97.45%).

Pudgy Penguins holds third place with $8.8 million, down 3.86%. f(x) WSTETH position sits in fourth with $8.4 million, rising 41.52%.

Bored APE Yacht Club has entered the top five with $5.4 million, surging 55.32%. This marks the return of another blue-chip collection to prominence.

Notable high-value sales from this week include:

• CryptoPunks #4668 sold for 250 ETH ($906,371)
• CryptoPunks #7674 sold for 199.99 ETH ($744,063)
• CryptoPunks #1484 sold for 148.5 ETH ($538,384)
• CryptoPunks #1946 sold for 145 ETH ($525,695)
• CryptoPunks #8968 sold for 135 ETH ($489,440)