Odaily Planet Daily News: The floor price of CryptoPunks has risen by 163% since August last year, from 20.45 ETH to 53.98 ETH. Based on the current Ethereum price of about $3,745, the floor price has exceeded $200,000, the highest since March 8, 2024. The rise began last week when a certain address bought 45 CryptoPunks at one time.

CoinGecko data shows that the total market value of the NFT market has soared from $3.6 billion in early July to $6.8 billion. Historical data shows that when Ethereum is strong, it often drives up the top NFT projects on its chain. (Decrypt)