CryptoPunks Floor Price has surpassed the $200,000 mark for the first time in over a year.

On July 29, according to Decrypt, the Floor Price of CryptoPunks has been continuously rising since August last year, increasing from 20.45 ETH to 53.98 ETH, a rise of 163%. Based on the current Ethereum price of about $3,745, the Floor Price of CryptoPunks has surpassed $200,000, which is the highest price since March 8, 2024. This surge began with a large-scale "shopping spree" last week, when a certain Address purchased 45 CryptoPunks at once. According to data from CoinGecko, the total market capitalization of the NFT market has skyrocketed from $3.6 billion in early July to $6.8 billion. Historical data shows that when Ethereum performs strongly, it often drives the rise of leading NFT projects on its Blockchain.