
CryptoPunks NFTs See Highest Weekly Volume Since March 2024
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Weekly trading volume for CryptoPunks soared to approximately $24.6 million, the highest since March 2024—a +416% jump in trading activity. Decrypt+7CoinMarketCap+7Facebook+7
Growth led by GameSquare aggregated transactions, driving renewed interest in this iconic Ethereum-based NFT collection. Decrypt+4Facebook+4Facebook+4
1. Overview
CryptoPunks, one of the original and most-watched NFT collections launched in June 2017 by Larva Labs, has recorded a significant market rebound with its highest weekly sales volume in over a year.Facebook+4Wikipédia+4CoinMarketCap+4
2. Recent Surge
Trading volume reached $24.6 million in the latest week—an increase of 416% compared with the prior week.CoinMarketCap+3Facebook+3Facebook+3
GameSquare infrastructure contributed a substantial share of the increased volume, though full breakdowns by platform were not disclosed. CoinMarketCap+9Facebook+9Facebook+9
3. Market Context
This activity marks the most significant weekly volume since March 2024, closing a long interval of relative dormancy for CryptoPunks. CoinMarketCap+8CoinMarketCap+8Facebook+8
4. Why It’s Significant
CryptoPunks is considered a blue-chip NFT collection, instrumental in popularizing NFTs and influencing later projects like Bored Ape Yacht Club—its resurgence signals renewed interest in legacy projects.Wikipédia+1Decrypt+1
Recent resurgence is aligned with renewed crypto market momentum across major assets like Bitcoin and Ethereum. Previous dramatic spikes in CryptoPunks floor price have coincided with broader sentiment rallies.Decrypt+1CoinMarketCap+1
5. What to Watch Going Forward
Will CryptoPunks’ floor price follow this volume surge, pushing entry-level prices substantially higher? In late 2024, its floor surpassed $100,000, its highest point since early 2024.CoinMarketCap+8Decrypt+8CoinMarketCap+8
Is the uptick isolated to GameSquare, or will other platforms (e.g., OpenSea, Blur) also reflect sustained volume growth?
Might renewed interest in CryptoPunks inspire collectors to stack or display Punk NFTs, fueling more collector-driven activity?
🧾 Summary Table
Metric | Detail |
---|---|
🚀 Weekly Volume | USD $24.6M (+416%) |
⏳ Comparison Period | Highest since March 2024 |
🔧 Key Platform | GameSquare led aggregated sales |
🌐 Significance | Legacy NFT resurgence |
📈 Market Alignment | Reflects broader crypto rally |