# Are NFTs Back?

*Author: Bankless*
*Published: Aug 16, 2024*
*Source: https://www.bankless.com/de/are-nfts-back*

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[![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/07/unnamed--13-.png)](https://www.bankless.com/sponsor/mantle-1706216729?ref=the-onchain-spectrum-nft&email=true)

  

   Are NFTs Back?
  

  
  Published on Aug. 16, 2024

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      NEWS ROUNDUP
    
    
  
  
    
  Green Week
  

  

 

![](https://storage.ghost.io/c/e4/b7/e4b77544-5a37-4f0b-8824-8440aa348476/content/images/2024/08/image---2024-08-16T130337.593.png)**Those NFTs you like are coming back in style.**

Or at least it would seem so from perusing the floor prices of top NFT collections this week. Over the past 7 days, we've seen some considerable runs. 

For example, in that span:

- On Ethereum, **Bored Apes**, **Pudgy Penguins**, and **Azukis** are up 30%, 12%, and 18% respectively
- On Bitcoin, **NodeMonkes**, **Quantum Cats**, and **Pizza Ninjas** are up 7%, 9% and 26% respectively
- On Solana, **DeGods**, **y00ts**, and **Claynosaurz** up 49%, 58%, and 9% respectively
This wave of buy pressure, the strongest we've seen in the NFT market for some time, suggests that more people are once again turning their attention to digital collectibles.

The grand question now? *Is this just a temporary spike, or the start of a sustained revival for NFTs*. 

Only time will tell, but sentiments have clearly shifted toward the latter!

### **📰 General news**
- **KnownOrigin **has [nearly 30k NFTs at risk of metadata degradation](https://x.com/Nahiiko/status/1823688662170919058)
- **Midjourney **released [its web editor platform](https://x.com/midjourney/status/1824247046045569516)
- **Privy **launched [a Telegram integration](https://x.com/privy_io/status/1823393046966468704) and [cross-app wallets](https://x.com/privy_io/status/1805982382098440332)[
](https://twitter.com/punksOTC/status/1798093880711155918)

### **🎨 Cryptoart & music**
- **Party** launched [Sets, a new tool for releasing NFT collections with different rarities](https://x.com/prtyDAO/status/1823806271835025616)

### **🏆 Digital collectibles**
- **Arthur Hayes** is [launching an Ordinals collection, Airheads](https://decrypt.co/244723/arthur-hayes-bitcoin-ordinals-airheads-not-boring-nft-drop)
- **Bitcoin Pizza Ninjas** announced [its Pizza Ninja World: Capital City project](https://x.com/TO/status/1823340822479184337)
- **Forgotten Runes** distributed [royalties to holders whose characters were featured in the collection's 1st comic book](https://x.com/ForgottenRunes/status/1823432618249216098)

### **🎮 Decentralized gaming**
- **Aavegotchi** announced [its Layer 3 (L3) scaling solution, Geist](https://x.com/aavegotchi/status/1824113878646571117)
- **B3 **unveiled [BSMNT, a discovery platform for onchain games](https://paragraph.xyz/@b3dotfun/b3-100)
- **Del Complex** released [a series of updates to its Brain Worms game](https://x.com/DelComplex/status/1823063259852754976)
- **Parallel **is [running a High Stakes Tournament even this weekend](https://x.com/ParallelTCG)
- **The Forgotten Runiverse** is [preparing to launch its New Foundations public event](https://x.com/RuniverseGame/status/1823777348329807887)
- **Treasure **introduced [new Season 3 rewards quests](https://x.com/Treasure_DAO/status/1823059715414503690)

### **📱 Onchain social**
- **Paragraph **added [support for Coinbase Smart Wallets](https://paragraph.xyz/@blog/introducing-smart-wallets)
- **Rodeo **opened [onboarding access to all Farcaster users](https://x.com/rodeodotclub/status/1823394403265962340)
- **Warpcast **introduced [a new Explore feature](https://x.com/dwr/status/1823018728747069538) and [NFT-gated chat improvements](https://warpcast.com/dwr.eth/0xa399ecbe)

### **🪙 NFTfi **
- **Astaria** facilitated [a 110k USDC borrow via DEGEN](https://x.com/AstariaXYZ/status/1823373236194718083)
- **Uniswap **added [UniswapX support to its mobile app](https://x.com/Uniswap/status/1823689577401340403)

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