Trading in CryptoPunks, the 10,000-strong profile-picture collection created by Larva Labs, accelerated over the weekend with the collection’s floor price climbing to almost 55 ETH, or about $235,000. The move puts the benchmark price for the series near the $250,000 mark for the first time in more than a year and caps a 480 percent gain in the past four months. Market depth widened alongside the rally. One wallet spent 218 ETH (roughly $931,000) to acquire four Punks, while separate bids of 172 ETH ($728,000) for Punk 7846 and 210 ETH ($876,000) for Punk 4379 underscored renewed appetite for rare traits. Aggregate data show at least 13 sales clearing within a three-hour window on Saturday, pushing the collection’s market capitalisation higher and rekindling talk of a possible return to seven-figure floor valuations. The surge coincided with an event at Beeple Studios in South Carolina, where digital artist Beeple aired a tongue-in-cheek video purporting that the Nakamigos collection represented an earlier, undisclosed “V0” version of CryptoPunks. The spoof, quickly identified as satire, nonetheless drew collectors, artists and founders—including CryptoPunks co-creator Matt Hall—to discussions about the brand’s cultural cachet and may have added momentum to weekend trading. While bullish investors cite the limited supply of punks and broader strength in Ethereum-denominated assets, others caution that liquidity remains shallow relative to traditional markets. For now, the six-figure bids and rapid turnover suggest CryptoPunks have re-established themselves as the bellwether of a resurgent NFT sector.