Pudgy Penguins, a prominent Ethereum-based NFT collection, has recently experienced a significant surge in its floor price, reaching new all-time highs. The floor price has exceeded 26 ETH (approximately $105,000), marking a 76% increase over the past week.

This upward trend has led to individual Pudgy Penguins NFTs being valued higher than a single Bitcoin, with Bitcoin's price currently around $101,000.

The collection's most expensive Penguin is now listed for sale at over 50 ETH (around $197,500) on the NFT marketplace OpenSea.

This bullish rally reflects a growing interest in the Pudgy Penguins collection and the broader NFT market. The recent price surge indicates a strong demand for these digital collectibles, positioning them as valuable assets within the cryptocurrency ecosystem.