NFT Comeback Pushes CryptoPunks Past $200K Floor for First Time in a Year

CryptoPunks have surged back into the spotlight, with the floor price climbing 163% since August 2024—now exceeding $200,000 for the first time in over a year.

The rally followed a $10 million sweep of 45 CryptoPunks and a broader resurgence in Ethereum-based NFT trading, which hit its busiest day since February. As Ethereum’s price rose, so did dollar-denominated values of NFTs, boosting total NFT market cap from $3.6 billion to $6.8 billion this July. Strategic buys of rare traits like “hoodie” Punks, strong lending activity on platforms like Gondi, and renewed interest from collectors suggest CryptoPunks remain a top-tier asset in the recovering NFT market.

Clever Robot News Desk 29^th July 2025