Data: The floor price of CryptoPunks has recently surpassed $200,000 for the first time

ChainCatcher news, according to Decrypt, the floor price of CryptoPunks has risen by 163% since last August, from 20.45 ETH to 53.98 ETH. Based on the current Ethereum price of about $3,745, the floor price has surpassed $200,000, marking the highest level since March 8, 2024. This surge began last week when a certain address purchased 45 CryptoPunks in one go.

CoinGecko data shows that the total market capitalization of the NFT market has skyrocketed from $3.6 billion in early July to $6.8 billion. Historical data indicates that when Ethereum is strong, it often drives the top NFT projects on its chain to rise.