CryptoPunks NFTs are experiencing a resurgence in popularity! Last week, trading volume reached $24.6 million, marking the highest weekly volume since March 2024, according to data from The Block. This impressive figure represents a staggering 416% increase compared to the previous week, indicating a renewed interest in the iconic digital collectibles. The floor price for a CryptoPunk currently sits at 47.5 ETH, reflecting the increased demand. The average selling price soared to approximately $182,000, showcasing the high value collectors place on these NFTs. Recent activity, such as GameSquare's $5.15 million purchase of CryptoPunk #5577 after issuing preferred stock, likely contributed to the heightened market activity. This signals potential institutional interest and further validates CryptoPunks as a blue-chip NFT. ```

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