NFT Market Rebounds as Top Collections Lead 29% Daily Surge
After months of muted activity, the NFT market is showing renewed signs of strength, led by sharp price increases across key collections.
Total NFT market capitalization rose 29% in the past 24 hours to $6.82 billion, according to CoinGecko, as daily sales volume surged to $50.4 million—well above the $400 million monthly average seen for most of 2025, per CryptoSlam data.
CryptoPunks led the recovery, with over 140 NFTs sold in a single day—pushing the floor price up 17% to 47.75 ETH (approximately $183,000). Pudgy Penguins gained 12% to 16 ETH after receiving a boost from Coinbase, which recently adopted a penguin avatar on social media.
Other collections also saw notable gains: Infinex Patrons rose 26% to 1.4 ETH, Bored Ape Yacht Club climbed 20%, and Chromie Squiggles jumped 34%.
The rally comes amid renewed enthusiasm in the broader digital asset market and may signal early signs of a longer-term recovery for NFTs, which have struggled since peaking in 2021. Several marketplaces have pivoted to stay afloat: Magic Eden acquired token trading app Slingshot in April, while OpenSea picked up Rally to diversify its offerings.
Meanwhile, some platforms haven’t survived the downturn. NFT marketplace X2Y2 shut down earlier this year after seeing over 90% in volume decline from its peak.
Still, the sharp uptick in high-profile NFT trading suggests market participants are once again rotating capital into digital collectibles with strong cultural and speculative appeal.
