CryptoPunks has reaffirmed its position as the leading Ethereum-based NFT collection by market capitalization, commanding $1.8 billion in value amid resurgent investor interest and favorable market conditions. The iconic collection achieved $15.5 million in weekly sales, representing an unprecedented 11,736% increase from the previous week.
Ethereum-based NFT collections continue to dominate the industry, occupying nine of the top ten spots by market capitalization. While CryptoPunks led in overall valuation and sales value, Pudgy Penguins emerged as the top performer in weekly trading volume, recording $20 million. The Bored Ape Yacht Club (BAYC) also registered significant growth, reinforcing Ethereum’s prominence.
The broader NFT market experienced robust momentum, with 24-hour trading volume surging 21.2% to $6.34 billion – a rally closely connected to Ethereum’s recent price appreciation. High-value transactions drove substantial average price increases: Pudgy Penguins surged 52% to nearly $50,000, while CryptoPunks rose 21% to $155,000 per NFT, signaling renewed institutional confidence in premium digital collectibles.