Are NFTs making a comeback? The total NFT market cap hit a local high of ~$7B this week, up ~20% in 7 days. A huge @cryptopunksnfts sweep fueled the rally: 45 CryptoPunks were bought for 2,082 ETH (~$5.9M), pushing the floor price up ~20% to 47.5 ETH on July 21.

The market rise revives NFT trading activity NFT trading volume across all chains has reached a 6-month high this week at $156M so far. @ethereum leads with $103M, up ~470% in 3 weeks. $BTC NFTs also peaked over the previous two weeks, increasing from $11M to $26M.

NFT-related tokens listed on CryptoRank have seen strong growth over the past 30 days: +90.5%, with market cap hitting $4.64B. Trading volume up 779% to $25B. @pudgypenguins led the top, rising 306.6% in a month amid ETF rumors and a growing ecosystem👇