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The past week witnessed Ethereum-based NFT collections dominating digital collectible sales, with nine out of ten top-performing projects built on the ETH blockchain. CryptoPunks maintained its position as the most valuable collection with a 【$1.8 billion】 market capitalization, while Pudgy Penguins and Bored Ape Yacht Club followed closely behind.
CryptoSlam reported CryptoPunks as the week's leader with 【$15.5 million】 in sales—an astonishing 11,736% weekly increase. Meanwhile, DappRadar's trading volume metrics showed Pudgy Penguins surpassing 【$20 million】 in transactions. ——This discrepancy stems from different measurement methodologies—— with CryptoSlam counting all sales and DappRadar tracking complete DApp activity.
The NFT market resurgence coincided with ETH's price climbing to 【$3,815】, marking a 27% increase since July 14. Industry analysts note the parallel growth between Ethereum's valuation and its NFT ecosystem's performance, suggesting renewed investor confidence in ETH-based digital assets.
NFT Price Floor's rankings revealed Ethereum's dominance extends to valuations, with only Solana's Mad Lads breaking the ETH monopoly in the top 10. CryptoPunks' 【$1.8 billion】 valuation nearly tripled its closest competitor, Pudgy Penguins' 【$556 million】 market cap.
The overall NFT market capitalization grew 21.2% to 【$6.34 billion】, signaling potential recovery from previous downturns. ——This upward trend reflects shifting investor priorities—— as capital flows back into established digital collectible projects amidst fluctuating cryptocurrency markets.