Rare Punk Sells For $2.1M – Is The NFT Market Rebounding?

It seems that the distinctive unbossary code market is recovering after exposure to a brutal comedic comed in the past few weeks. During the past 24 hours, the global NFT market collected trading sales volume of $ 16 million, an increase of 1128 % over the past day. The NFT market started offering possible recovery marks during the weekend after a rare non -encryption code was sold for 1011 ETH or equivalent to more than $ 2.196 million.

Punk 4464 purchased for 1,011 ETH (2,183,749.88 USD) by 0x8a77B7 of 0x561786. https://t.co/xqtkt3beer #Cryptopunks #ETHEREUM pic.twitter.com/okshzhcslj

– Bot Cryptopunks (Cryptopunksbot) March 1, 2025

NFT daily sales volume +10 %

Data collected by Cryptoslam.ioThe multi -breed transparency data complex and an exploratory of the uniquely implemented symbol, indicates that the unmissable global symbol market has grown positively today. During the past 24 hours, the Global NFT market raised trading volume of $ 16 million. During this period, the volume of NFT trading sales increased by more than 10 % of last day.

Ethereum, the famous Blockchain network in the NFT market to run most NFTS, is the current Blockchain network. During the past 24 hours, the ETHEREUM -based NFT collections raised trading volume of $ 6 million. During this time, Ethereum NFT trading volume increased by 3.35 % of last day. The ETHEREUM series is closely traced, which raised trading sales of $ 2.3 million.

Solana, the famous decentralized Blockchain network to host a variety of smart contracts for non -violated symbol groups, is the third most trading Blockchain network in the NFT market in February. During the past 24 hours, the Solana -based NFT groups recorded trading volume of $ 2.1 million. During this time, the Solana NFT sales volume increased by 36 % from the previous day. These positive gains indicate that the NFT market regains a foothold.

Does the NFT market return?

On March 1, 2025, a rare non -encryption symbol #4464 was sold for 1011 ETHER (ETH), or about $ 2.2 million. Punks #4464 is a previously unproductive symbol from LARVA LABS digital assets, but it is now run by Ape Yacht Club and Mutant Ape Yacht Club Labs. The sale of Punk #4464 raised the eyebrows between the NFT community because it has made a major sale since the beginning of the last bear season.

The sale of Punk #4464 was not the only prominent moment during the weekend. Cryptopung #3900 received $ 15 million in bids a few hours after accepting the Cryptopung #4464 offer. It is worth noting that the Cryptopung #3900 was not accepted as of the time of the press. These loud bids come in the middle of the Bir Short Market, which left the volume of NFT trading daily less than $ 20 million. These prominent commercial sales mean that the Bear NFT market has ended.

Punk 3900 has a new offer of 6,969.69 ETH (15,360,151.99 USD) developed by 0xe62ae5. https://t.co/0ijwzztm9x #Cryptopunks #ETHEREUM pic.twitter.com/7tlu4ktjg8

– Bot Cryptopunks (Cryptopunksbot) March 1, 2025

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