Author: DappRadar

Translation: Felix, PANews

The NFT market is showing real signs of recovery.

After months of sideways movement, we are finally seeing a warming trend: floor prices are rising, market capitalization is rebounding, and some familiar names are surpassing established NFTs. From Pudgy Penguins overtaking BAYC to the unexpected return of Art Blocks, the market atmosphere is changing.

This article will analyze the latest data, focusing on the best-performing categories and series, and discuss whether this is a temporary fluctuation or the beginning of a larger trend.

Key Points:

• In July, the NFT market cap soared by 94%, reaching nearly $7 billion, the highest level since early 2025.
• Weekly trading volume surged by 51%, reaching $136 million, making July one of the best-performing months since February.
• The average price of NFTs increased by 40% within 7 days, reaching $146, but trading volume only grew by 7%, clearly indicating that traders are shifting towards higher-value assets.
• Pudgy Penguins' market cap surpassed BAYC, with the floor price increasing by 539% since its release, rising 7% just this week.
• CryptoPunks' floor price rose by 53%, marking a return of interest in blue-chip stocks and the resilience of Web3 culture.
• Driven by new ownership and airdrop hype, Moonbirds' trading volume skyrocketed by 600%, but the floor price has still dropped by 64% since its release.

1. NFT Market Overview

The NFT market is showing strong signs of recovery. Since the beginning of this month, the market cap has increased by 94%, reaching $6.6 billion, the highest level since early 2025.

Weekly trading volume jumped by 51%, reaching $136 million, likely making July one of the best-performing months since February.

Sales increased by 7% month-on-month, but overall sales this month will not exceed June's. Last month's sales surpassed 5 million, while July has just crossed the 3 million mark. What’s the reason? As ETH rises, NFTs are also on the rise. In just 7 days, the average price of NFTs surged by 40%, reaching $146.

With a decrease in trading volume and an increase in prices, the market is changing. The blue-chip craze is back.

2. Popular NFT Categories — Weekly Performance

With the clear return of the blue-chip craze, this article focuses on the best-performing NFT categories over the past week. Unsurprisingly, PFPs lead the way, accounting for 37% of total trading volume. Following closely are RWA NFTs, which account for 11%, indicating that the tokenization narrative still has vitality.

However, not all categories have joined the upward trend. NFTs in sports, music, and fashion have not seen a surge. While gaming NFTs performed steadily in the second quarter, their popularity has slightly cooled, with a noticeable decline in sales this week.

Nevertheless, the dominance of PFPs aligns with the current market sentiment. Whenever the NFT market heats up, PFPs are always the first to act, just like in previous bull market cycles. Some things don’t change easily.

3. This Week's Notable NFT Series

This week, the market's focus is on major movements from top NFTs, a return of popularity, and a series of floor price activities.

Pudgy Penguins: A New Heavyweight Collection

Pudgy Penguins' market cap has officially surpassed Bored Ape Yacht Club, now only second to CryptoPunks. Since its release, the floor price has increased by 539%, and it has risen another 7% in the past 7 days.

How did Pudgy Penguins achieve this? Simply put: they launched during the bear market. From IRL benefits to connecting Web2 and Web3, and now expanding into Asia with plush toys, the brand's emergence is timely, especially amid the current hype around collectibles.

CryptoPunks: Back in the Spotlight

The punk era never truly ended, but it seems to be shining again. Just this week, the floor price rose by 53%, and the series remains one of the most actively traded collections.

Let’s not forget, this was a free mint back in 2017. Whenever the market gains new vitality, the punk series returns to the spotlight. They remain the gold standard of influence in Web3. For some, owning a punk is not just about making money — it’s a symbol of identity, pure and simple. And now, this status is becoming increasingly popular.

Moonbirds: A Surprising Rebound

Moonbirds are back, and honestly, it’s quite surprising. After fading from blue-chip status, Moonbirds staged a strong rebound:

• Floor price increased by 60%
• Trading volume increased by 600%

What caused this? Following its acquisition by Orange Cap Games in May, the company announced a partnership with Towns on July 19. Holders can now access private on-chain spaces and earn points before the airdrop.

It’s worth noting that since its release, Moonbirds' dollar value has still dropped by 64%, so there’s still a long way to go. That said, its momentum is strengthening.

Art Blocks: A Quiet Comeback

If anything can unleash the energy of a bull market, it’s the return of Art Blocks. This week, it has entered the ranks of the highest trading volume collections, with an average price surge of 156%.

On July 10, the platform announced a significant transformation, launching collector profiles, wallet aggregation, an achievement system, and providing a better user experience for regular collectors.

The market has taken notice. Top projects like Fidenza have rekindled interest, and the feeling of art is starting to return to the NFT discussion.

PFPs and art are accelerating, and if historical experience can prove this, this combination will open the next round of the NFT bull market. It’s too early to draw conclusions, but signals are already emerging. Looking forward to next week's trends.

4. Conclusion

The past week has glimpsed the potential for an NFT revival: floor prices are climbing, PFPs are regaining dominance, and art is making a strong return. Pudgy Penguins have surpassed BAYC, CryptoPunks are heating up again, and Moonbirds are soaring, all hinting at one thing: the market is shifting, and attention is refocusing on NFTs.

免责声明：本文章仅代表作者个人观点，不代表本平台的立场和观点。本文章仅供信息分享，不构成对任何人的任何投资建议。用户与作者之间的任何争议，与本平台无关。如网页中刊载的文章或图片涉及侵权，请提供相关的权利证明和身份证明发送邮件到support@aicoin.com，本平台相关工作人员将会进行核查。