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Jul 28, 08:52 PM
CryptoPunks Rally Past $200,000 as NFT Trading Hits 16-Month High
NFT
Markets
Crypto
AI

CryptoPunks Rally Past $200,000 as NFT Trading Hits 16-Month High

Authors
  • Coin Bureau
  • beeple
  • The Block
18

CryptoPunks, one of the earliest and most traded non-fungible-token collections, has surged back into the spotlight. The floor price for the 10,000-piece series moved above $200,000 this week, while data cited by The Block shows weekly trading volumes at their highest level since March 2024. Fresh capital is pouring in. A single wallet spent about 490 ETH—roughly $1.85 million—for nine Punks, and another buyer swept six Punks in deals exceeding $1.3 million. Separately, an artificial-intelligence agent tied to the TIBBIR token paid 89 ETH (about $150,000) for a ‘Clown Punk,’ nearly 50 percent above the going rate. The purchase sent TIBBIR’s market value up 50 percent to around $130 million. The renewed activity in so-called blue-chip NFTs coincides with a broader market rebound. On-chain tracker CryptoSlam says NFT sales rose 78 percent in the second quarter, and industry estimates put the sector’s market capitalization at $6.6 billion in July—almost double June’s level. Aggregate sales reached $2.82 billion in the first half of 2025, helped by deep-pocketed buyers and clearer crypto regulations. Rising Ethereum prices, new lending services that allow holders to borrow more than $130,000 against a single Punk, and the emergence of AI-driven trading agents are adding fresh liquidity. Market participants say sustained demand for CryptoPunks could set the tone for a broader revival across the NFT landscape.

Written with ChatGPT .

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