The 24 Hours of Art event, which began on August 17, 2023, has marked its one-year anniversary with a series of highlights and notable transactions. The event features various artists and their works, with significant participation from collectors and patrons. Notably, Seedphrase has been actively acquiring ETH artwork, including five pieces of 'The Harvest' by perkwerk_ for a total of 10.12 ETH, with one piece sold for 3.6 ETH. The event's owner, Inceptionally1, and artist Dave Krugman are also highlighted in the recent reveal. The ETH price has seen a notable increase, opening at $1,805 USD on the first day of the event and reaching $2,593 USD on the anniversary. Additionally, the $1K Art Challenge, themed 'CREATE NOTHING, CONSUME EVERYTHING,' is currently live, with submissions due by August 23 at 5 PM EST.