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The NFT market recently surged past $6 billion in total market capitalization, powered by a massive 
CryptoPunks sweep and renewed demand across Ethereum-based digital collectibles.
What’s the Scoop?
- Market Cap Surge: NFT market cap jumped ~21% in a single day to reach $6.3–6.4 billion, reflecting a sharp rebound in investor appetite.
- CryptoPunks Lead Charge: A whale wallet spent 2,082 ETH ($5.9 million) to buy 45 CryptoPunks in minutes—sending the collection’s floor price up ~14–16%.
- Blue-Chip Rally:
Pudgy Penguins spiked ~15%, 
Bored Ape Yacht Club +7%, and other blue-chip collections like 
Moonbirds and 
Infinex Patrons posted strong gains. - Ethereum-Centric Growth: Most of the action is concentrated on Ethereum, with daily NFT sales rising 339% and thousands of buyers and sellers re-engaging.
- Cautious Optimism: While sentiment is turning bullish—with comments like “we might actually be back”—the market remains sensitive to speculative spikes and liquidity rotations.
