Meanwhile, the NFT sector recorded a 94 percent increase in July, reaching a market capitalization of 6.6 billion dollars. The reason for this is the large purchases of unique tokens from the CryptoPunks line, representatives of Cointelegraph report.
The trading volume of NFTs for the week rose to 136 million dollars, which is 51 percent higher than last week's result. The situation is unexpected, as trading with unique tokens has been steadily declining from the second quarter of 2024 to the second quarter of 2025.
The CryptoPunks collection is currently in high demand, considered one of the main representatives of the NFT category. The minimum cost of representatives from this line jumped by 53 percent yesterday.
We are talking about a level of 47.5 ETH, which is equivalent to almost 180 thousand dollars. Here is a comment from DappRadar analyst Sara Gergelas.
They still remain the gold standard of influence in Web3. For some, owning a Punk is not so much about profit as it is about status, in its purest form. And now this status is back in vogue.
Despite record liquidity, the cryptocurrency market shows weakness caused by investor caution and profit-taking after rapid growth. While capital remains on the sidelines, the market is going through a predictable phase of consolidation, which opens up new opportunities for analysis and preparation for the next impulse.
