On July 29, CryptoPunks floor price is above $205,000, marking a significant surge for the first time since March 2024. This could signal that interest in NFTs is back, and today, the market sees one of the busiest trading days for over a year.
CryptoPunks is a 10,000-piece pixel-art NFT collection that was launched on Ethereum in 2017.
CryptoPunks Gains Momentum
According to data from CoinGecko, on July 29, CryptoPunks floor price is 53.85 ETH or over $205,000. The NFT collection’s market cap is 538,177 ETH, and the 24-hour trading volume is over 2.220 ETH, up by almost 330%.
These numbers reached levels not seen since March 2024, the same data reveals.
This surge comes amidst the rising price of ETH and renewed high-value trading, leading to a comeback in high-end NFTs. ETH is up by almost 60% in the past 30 days, marking an important surge for the digital asset, amidst continued institutional interest.
At the moment of writing this article, ETH is trading near $3.855.
Decrypt also mentioned today a recent sweep of 45 Punks that took place over the past week.
Unknown User Bought 45 CryptoPunks
The publication noted that during the past week, an unknown user purchased 45 Crypto Punks in a single go. In terms of NFTs, sweeping means a strategy that involves buying a significant amount of NFTs from a certain collection.
In response to the purchase, Beeple, a digital artist who became popular for selling an NFT artwork for $69 million in 2021, dedicated an artwork called the BIG SWEEP in response to the purchase, sharing a post via X.
A Renewed Interest in NFTs
The surge in CryptoPunks price comes after the busiest day for Ethereum NFTs since February 2025. On July 22, Decrypt noted that the NFT trading volume rebounded on Solana and Ethereum. On July 20, the trading volume reached $26 million, and the next day, on July 21, the trading volume was near $25 million.
Over half of the trading volume came from the CryptoPunks.app, which is the NFT collection’s official marketplace.
These latest moves are signaling a renewed interest in NFTs and include strategic purchases by important holders. Data from CoinGecko shows that the total NFT market cap on July 29 is over $6.8 billion, with a 24-hour trading volume of over $24,4 million, up by 1.5% today.
Besides CryptoPunks, other notable NFT collections include Pudgy Penguins, Bored Ape Yacht Club, Infinex Patrons, and others.
