📢 The NFT market rebounds to $28.4 billion with rising prices of CryptoPunks and BAYC

The non-fungible token market has seen a remarkable recovery, reaching a market value of over $28.4 billion, an increase of more than 40% since last July, driven by the rise in Ethereum prices.

🔹 Key points:

✅ The market value of NFTs surpassed $28.4 billion.

✅ The CryptoPunks collection leads the scene with a market value of $2.4 billion.

✅ Pudgy Penguins surpassed BAYC with a weekly trading volume of $8.7 million compared to $6.3 million for BAYC.

✅ July 2025 saw sales exceeding $574 million, an increase of 47.6% compared to June.

✅ The average sale price rose to $113, the highest level in 6 months.

📈 This growth reflects a return of confidence in the NFT market, as investors turn towards high-value collections, which may indicate a structural shift from quantity to quality.

🔥 If this momentum continues, 2025 could see a true return of NFTs to the forefront after a long period of decline.

Do you think this recovery is temporary or the beginning of a new upward wave? 🤔👇

---

#NFT #Crypto #Ethereum #CryptoPunks #BAYC #PudgyPenguins