#CryptoPunks #NFTs See Highest Weekly Volume Since March 2024
CryptoPunks’ NFT collection recorded over $24.6 million in trading volume last week.
This marks a 416% increase from the previous week and the highest weekly total since March 2024.
Floor price surged from 40
$ETH to 47.5
$ETH during the same period.
Average sale price jumped from $140,000 to $182,000 in just two weeks.
The surge was triggered by #GameSquare's $5.15 million equity-financed purchase of Punk #5577.
GameSquare valued the rare "Ape Punk" at 3x floor price, marking the first major corporate #NFT acquisition funded through equity.
The deal signaled to institutional investors that blue-chip NFTs are legitimate treasury assets.
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