CryptoPunks NFT trading volume hits highest level since March 2024

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Chaincatcher2025/07/29 01:02

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According to ChainCatcher, citing The Block, NFT market monitoring data shows that the CryptoPunks collection saw its weekly trading volume surpass $24.6 million last week, marking the highest single-week record since March 2024 and surging 416% compared to the previous week. The increase in market activity was accompanied by a comprehensive rise in price indicators: the floor price climbed from 40 ETH to 47.5 ETH, while the average sale price rose from $140,000 to $182,000.

This market rebound is directly linked to a milestone acquisition by Nasdaq-listed GameSquare. The parent company of FaZe Clan recently issued $5.15 million in preferred shares to acquire #5577 from the rare "Ape Punk" series at a valuation three times the market floor price.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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