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Reading: Rare Punk NFT Sells For $2.5M – Daily NFT Sales Spike 15%
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Bitcoin

Rare Punk NFT Sells For $2.5M – Daily NFT Sales Spike 15%

Last updated: August 6, 2025 8:50 pm
Published: 8 months ago
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The non-fungible token appears to take an upside trajectory again this new month after gaining significant momentum in July 2025. The NFT market began showcasing potential signs of a surge over the weekend after a rare Bored Ape non-fungible token sold for +600 ETH, or equivalent to over $2.3 million. In yet another incident, a punk non-fungible token collection has been sold for over $2.5 million.

Data gathered by Cryptoslam.io, a multi-chain crypto market data aggregator and a non-fungible token collection explorer, which collects its data from more than 20 blockchain networks, shows a rare punk has exchanged hands for a huge sum in the past few hours. Late yesterday, data shows that an anonymous NFT investor has bought CryptoPunk #1021 NFT for 720 ETH, equivalent to over $2.5 million.

The Punk #1021 is part of CryptoPunks, a globally acknowledged non-fungible token collection featuring a fixed supply of 10,000 pixilated NFTs hosted on the Ethereum blockchain network. The NFT collection was initially launched in 2021 by the digital asset incubation studio Larva Labs, but is now managed by the Infinite Node Foundation “NODE,” a nonprofit organization committed to the preservation, study, and exhibition of digital art.

The Punk NFT sales appear just a few days after another CryptoPunk NFT was sold for more than $1 million. Over the weekend, a CryptoPunk #1563 was sold for 544 ETH, equivalent to +$1.91 million. In related reports, a Bored Ape Yacht Club NFT was also sold for over $2.3 million after exchanging hands for 666 WETH. These notable NFT sales indicate that the global NFT market could be gearing up for another bull run.

In response to the Punks NFT sales alongside other sales, the global non-fungible token market has experienced positive growth today. In the past 24 hours, the global NFT market has raised a trading sales volume of $21 million. During this period, the NFT trading sales volume has risen by over 15% from the previous day. Moreover, the number of investors buying NFTs has also surged by 13% from the past day.

Ethereum, the blockchain network renowned in the NFT market for powering most NFTs, is the top-traded blockchain network today. In the past 24 hours, the Ethereum-based NFT collections have amassed a trading sales volume of $10 million. During this time, the Ethereum NFT trading sales volume has soared by 37% from the past day. Ethereum is distantly followed by Polygon and Bitcoin, which have raised a trading sales volume of $2.6 million and $1.8 million.

Read more on InsideBitcoins.com

This news is powered by InsideBitcoins.com InsideBitcoins.com

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