Yuga Labs, the creator of the Bored Ape Yacht Club (BAYC) NFT collection, has announced a leadership change with co-founder Greg Solano, known as Garga, resuming the CEO role, replacing Daniel Alegre. This transition has sparked excitement within the NFT community, especially as the Bored Ape Yacht Club's floor price surged from 12.7% to 24.4 ETH following the announcement. Alongside this leadership shift, Yuga Labs introduced BAYC LLC, a subsidiary aimed at refocusing the company's efforts on its core culture and values. The community has shown bullish sentiments towards Garga's return, anticipating that his leadership will guide Yuga Labs back to its foundational vision and drive further innovation in the web3 space. This change is expected to empower the BAYC team to embark on more creative and ambitious projects. Additionally, a significant transaction was noted with 15 Bored Apes being swept for a total of 337.20 ETH (approximately 1,003,109.33 USD) on Blur, highlighting the market's positive reaction.