• TEXT= DATE: 08.12.2025 Bitcoin MENA | 8-9 Dec 2025 | Abu Dhabi
  • TIMER= 08.12.2025
  • BUTTON= DISCOVER MORE
  • bitcoinBitcoin (BTC) $ 42,977.00 0.18%
  • ethereumEthereum (ETH) $ 2,365.53 1.12%
  • tetherTether (USDT) $ 1.00 0.2%
  • bnbBNB (BNB) $ 302.66 0.19%
  • solanaSolana (SOL) $ 95.44 1.28%
  • xrpXRP (XRP) $ 0.501444 0.1%
  • usd-coinUSDC (USDC) $ 0.996294 0.34%
  • staked-etherLido Staked Ether (STETH) $ 2,367.26 1.4%
  • cardanoCardano (ADA) $ 0.481226 2.68%
  • avalanche-2Avalanche (AVAX) $ 34.37 1.19%
  • bitcoinBitcoin (BTC) $ 42,977.00 0.18%
    ethereumEthereum (ETH) $ 2,365.53 1.12%
    tetherTether (USDT) $ 1.00 0.2%
    bnbBNB (BNB) $ 302.66 0.19%
    solanaSolana (SOL) $ 95.44 1.28%
    xrpXRP (XRP) $ 0.501444 0.1%
    usd-coinUSDC (USDC) $ 0.996294 0.34%
    staked-etherLido Staked Ether (STETH) $ 2,367.26 1.4%
    cardanoCardano (ADA) $ 0.481226 2.68%
    avalanche-2Avalanche (AVAX) $ 34.37 1.19%
image-alt-1BTC Dominance: 58.93%
image-alt-2 ETH Dominance: 12.89%
image-alt-3 BTC/ETH Ratio: 26.62%
image-alt-4 Total Market Cap 24h: $2.51T
image-alt-5Volume 24h: $144.96B
image-alt-6 ETH Gas Price: 5.1 Gwei
 

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NFT market cap surge

NFT market cap surge hits $6.04B as CryptoPunks and whales lead revival

https://icn.live/wp-content/uploads/2025/07/NFT-market-cap-surge.mp3
  • by ICN.live
Tariq Al-Mansouri

NFT market cap surge is grabbing headlines as the total value skyrockets to $6.04 billion.

According to CoinGecko, the global NFT market cap jumped 16.9% in the last 24 hours. This marks its highest point since February.

This NFT market cap surge aligns with growing bullishness across the broader crypto space. Ethereum and altcoins have been rising, while Bitcoin maintains steady levels. Analysts say this risk-on sentiment is pushing new life into the NFT sector.

Legacy collections are fueling the momentum

CryptoSlam reported NFT trading volume spiked 154% to $41.4 million over the same period. A major contributor was a single whale wallet that spent over 2,080 ETH—about $7.8 million—on 45 CryptoPunks NFTs. This one move pushed the CryptoPunks floor price up by 15.9% to 47.5 ETH.

Nick Ruck of LVRG Research notes that traders are betting NFTs are still undervalued. Many believe the current crypto rally could last longer than previous ones. Legacy collections like CryptoPunks are getting most of the action. However, some analysts warn that real growth depends on wallet activity sustaining over time.

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NFT market cap surge draws attention to blue-chip NFTs

Vincent Liu, CIO of Kronos Research, believes the whale’s move signals strong belief in high-value NFTs. “The sharp liquidity injection could cause a rotation back into premium NFTs,” Liu said. This suggests that big players still see value in NFT blue-chips.

Min Jung of Presto Research agrees that momentum is returning. However, she cautions that new mints are not gaining traction yet. “This is a revival, but not a new meta. Legacy collections dominate, while new trends haven’t emerged.”

Bitcoin and Ethereum saw moderate gains, supporting the overall risk-on environment. Bitcoin is up 0.37% and trades at $118,361, while Ethereum rose 3% to $3,759.

Is this the beginning of a full NFT comeback?

The excitement is clear, but it’s not a full-blown NFT season—yet. The focus remains on tried-and-tested collections. Still, this NFT market cap surge proves that investor interest is no longer dormant. If broader crypto gains hold, NFTs may ride this wave even higher.

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What caused the recent NFT market cap surge?

The recent NFT market cap surge is mainly driven by bullish sentiment in the broader crypto space. Ethereum and altcoins are on the rise, while Bitcoin remains steady. High-profile moves like a whale purchase of 45 CryptoPunks NFTs for over $7.8 million added momentum. This activity suggests renewed interest in NFTs, particularly blue-chip collections. Analysts believe investors are speculating that NFTs are undervalued and may benefit from the ongoing crypto rally.

Are NFTs making a comeback in 2025?

It’s too early to call it a full comeback, but signs point toward a possible NFT revival. Trading volumes have surged, and legacy projects like CryptoPunks are experiencing strong demand. While there’s no dominant new trend or meta yet, increased liquidity and whale activity hint that investors are positioning themselves early for a potential NFT bull cycle in 2025.

Why are legacy NFT collections like CryptoPunks gaining attention again?

Legacy collections are gaining traction because they have historical value, established community trust, and are seen as safer bets in uncertain markets. High-value purchases signal that serious investors are backing these projects. This is especially important in a market where new mints haven’t yet caught on. Their resilience in previous cycles makes them attractive as the NFT market tries to rebound.

Can I still make money from NFTs in this cycle?

Yes, but caution is advised. The current gains are driven by established collections and speculative interest. For new investors, it’s wise to focus on research and consider blue-chip NFTs or projects with strong communities. The market is still volatile, and success depends on timing, risk management, and understanding trends. The renewed surge offers opportunities—but also risks.

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