Alts Soar, JPEGs Roar, CEO Resigns Another week, another CEO who probably should’ve skipped that Coldplay concert. Astronomer’s Andy Byron has officially stepped down, looks like the vibes hit a little too hard. Tough break, Andy. Meanwhile, the rest of us are just glad we weren’t at that show… because the markets? They’re absolutely electric right now. Solana just flipped $100B in market cap, $ETH is cruising past $450B gunning for Big Daddy Bitcoin, and $XRP broke through $185B for the first time ever, somewhere, Ripple’s legal squad is probably popping champagne. 🍾 The Altcoin Season Index hit 47 (up from 29 last week), and the total altcoin market cap is now $1.55T. TL;DR: It’s not officially alt season yet, but the DJs are warming up. In an unexpected and most welcome plot twist: NFTs had their best 24h in a YEAR! ▪️Total NFT market cap: $6.4B (up 23% in a day) ▪️Daily trading volume: $39M+ (up 317%) ▪️One of the strongest daily performances since early 2023. 💡 What’s Driving This Surge? ✅ Bitcoin’s breakout: Now above $120K, BTC’s momentum is spilling into other digital asset classes, especially NFTs. ✅ ETH-based blue chips are bouncing: ▪️Moonbirds soared +31% to 1.84 ETH ▪️CryptoPunks climbed +14% to 46.7 ETH ▪️Azuki and BAYC followed with strong single-digit floor gains. This shows confidence is returning to premium collections, a strong signal for the rest of the market. ✅ Bitcoin NFTs are going full send: Ordinals and other BTC-native projects saw 400%+ growth in weekly volumes, solidifying Bitcoin’s growing footprint in the NFT space. Yes, even the oldest chain is getting its JPEGs on now. ✅ Cross-chain action is heating up: NFT ecosystems on Solana, Polygon, and even L2s like Base are showing stronger activity and collection launches. More chains = more accessibility = more liquidity across the board. ✅ IRL utility is driving value: Brands like Nike, Starbucks, and yes, even Pudgy Penguins are pushing NFTs beyond speculation: ▪️Nike is dropping digital wearables. ▪️Starbucks is using NFTs for loyalty and rewards. ▪️Pudgy Penguins are showing up as toys in Walmart. This shift toward real-world utility is helping reframe NFTs as tech-enabled products, not just digital art. 📈 Are We in a New NFT Bull Cycle? It’s still early, but the data is promising: ▪️Analysts expect the NFT market cap could push past $7B if this pace holds. ▪️Trading activity is up, indicating healthier liquidity and stronger market conviction. ▪️Floor prices + volume = actual demand, not just hype And mid-tier collections and emerging projects are also starting to see renewed interest. If this continues, we could be looking at a broader NFT renaissance, not just a top-tier echo pump. 📌 That’s a wrap! SOL’s up, ETH’s loud, XRP’s proud, and NFTs are back from their existential crisis, Web3’s putting on a show. ….Speaking of shows, remember: If your CEO invites you to Coldplay, maybe just send a LinkedIn endorsement instead. 💬 Which milestone are you watching most? ❤️ Like, 🔁 RT, and follow us for your weekly dose of crypto alpha. 📌 Bookmark this post, this week’s already heating up.
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