NFT Market Rebounds as Top Collections See Sharp Gains
After months of subdued activity, the non-fungible token (NFT) market is showing fresh signs of revival, led by renewed interest in top-tier collections and a surge in trading volume.
In the last 24 hours, CryptoPunks saw its floor price jump 17% to 47.75 ETH (approximately $183,000), with over 140 punks traded—the highest daily volume for the collection in 2025. Pudgy Penguins climbed 12% to 16 ETH, buoyed by renewed attention after Coinbase switched its social media avatar to a penguin image.
Infinex Patrons also surged 26% to 1.4 ETH, while Bored Ape Yacht Club and Chromie Squiggles posted notable gains of 20% and 34%, respectively.
According to CoinGecko, the overall NFT market value rose 29% in a single day to $6.82 billion, with sales volume hitting $50.4 million. This marks a significant increase from earlier in the year, when monthly volumes hovered around $400 million, based on CryptoSlam data.
The renewed momentum comes after a prolonged downturn. Once-leading platform X2Y2 shut down earlier this year amid a 90% decline in trading volume. Others, including Magic Eden and OpenSea, shifted focus to token trading through strategic acquisitions.
Though the long-term sustainability of the rally is uncertain, the recent spike in activity suggests a growing appetite for digital collectibles as capital rotates back into high-volatility crypto sectors.
