Ethereum News Today: NFT Market Surges 62% as Blue-Chip Collections Gain Value

Generated by AI AgentCoin World
Thursday, Jul 17, 2025 4:07 am ET2min read
Aime RobotAime Summary

- The global NFT market surged 62% to $167M weekly volume, driven by blue-chip collections shifting focus from digital art to practical applications.

- Ethereum regained dominance with $80M in NFT sales (+200% week-on-week), fueled by Pudgy Penguins' 60% floor price rise and other blue-chip gains.

- Bitcoin-based NFTs rose 98% to $26M, boosted by Ordinal collection interest and CryptoPunks/Bored Ape price increases.

The global non-fungible token (NFT) market, particularly blue-chip collections, has experienced a significant resurgence in recent days. This revival is marked by a shift from the initial hype surrounding digital art towards more practical applications. Notable NFT collections such as Pudgy Penguins and CryptoPunks have seen substantial increases in their trading sales volume, with Pudgy Penguins leading the way with a +60% surge in floor price over the past seven days.

Data from a renowned crypto market data aggregator indicates that the NFT market has witnessed a major comeback in recent days. Over the past week, the market has generated a trading sales volume of $167 million, representing a 62% increase from the previous week. This resurgence is driven by renewed interest in digital assets and increased trading activity.

During this market rally, Ethereum has reclaimed its dominance as the most traded NFT blockchain network, surpassing Immutable and Polygon, which had previously led the global NFT market in June 2025. Ethereum-based NFT collections have amassed a trading sales volume of $80 million in the past seven days, a 200% increase from the previous week. Ethereum is known for hosting a majority of blue-chip NFT collections, contributing to its market dominance.

Bitcoin, renowned for the popular Ordinal NFT collection, is the second most-traded blockchain network in the NFT market. In the past seven days, Bitcoin-based NFT collections have generated a trading sales volume of $26 million, a 98% increase from the previous week. This surge highlights the growing interest in Bitcoin-based NFTs.

Data from a leading crypto and NFT market aggregator shows that floor prices for certain NFT collections, particularly blue-chip projects and those within the Bitcoin ecosystem, have increased in recent days. This resurgence is driven by renewed interest in digital assets, increased trading volume, and specific project developments.

Pudgy Penguins, a globally acknowledged NFT collection featuring 8,888 cute penguin birds hosted on the Ethereum blockchain, has seen its floor price surge in recent days. Over the past seven days, the Pudgy Penguins NFT floor price has risen from 8.8 ETH to as high as 14.4 ETH, a 60% increase. This surge is indicative of the growing interest and value in blue-chip NFT collections.

CryptoPunks, another globally acknowledged NFT series featuring 10,000 pixilated digital items, has also seen its floor price rise. In the past seven days, the CryptoPunks NFT floor price has increased from 38 ETH to 43.49 ETH, with its current floor price standing at 42.94 ETH. This increase reflects the enduring popularity and value of the CryptoPunks collection.

Bored Ape Yacht Club, a leading NFT collection featuring 10,000 bored ape PFPs hosted on the Ethereum network, has also experienced a surge in its floor price. Over the past seven days, the Bored Ape Yacht Club NFT floor price has increased from 10 ETH to as high as 11.94 ETH. This rise underscores the continued demand and value of the Bored Ape Yacht Club collection.

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