{"id":5258,"date":"2025-07-21T08:58:04","date_gmt":"2025-07-21T08:58:04","guid":{"rendered":"https:\/\/bitunikey.com\/news\/is-nft-season-back-22-jump-in-one-day-fuels-bullish-talk\/"},"modified":"2025-07-21T08:58:09","modified_gmt":"2025-07-21T08:58:09","slug":"is-nft-season-back-22-jump-in-one-day-fuels-bullish-talk","status":"publish","type":"post","link":"https:\/\/bitunikey.com\/news\/is-nft-season-back-22-jump-in-one-day-fuels-bullish-talk\/","title":{"rendered":"Is NFT season back? 22% jump in one day fuels bullish talk"},"content":{"rendered":"

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The NFT market just lit up, with renewed spotlight driving wild gains as investors pile in to fuel the biggest rally in months.<\/p>\n

On July 21, 2025, the NFT market experienced a significant resurgence, with its total market capitalization jumping<\/a> over 22% in a single day, rising from $5.1 billion to approximately $6.4 billion. Blue-chip collections like CryptoPunks, Pudgy Penguins, and Moonbirds led the charge, igniting a wave of renewed interest in the digital collectibles.<\/p>\n

CryptoPunks saw its floor price surge<\/a> nearly 16% to 47.5 ETH, or roughly $179,000, as several new buyers scooped up pieces from the iconic collection. Pudgy Penguins wasn\u2019t far behind, climbing 15% to a floor of 16.75 ETH, around $63,500.\u00a0<\/p>\n

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The NFT market cap just pumped 17% in a day from $5.1B to $6.0B.<\/p>\n

Which NFTs are you holding? pic.twitter.com\/yIauTicwpy<\/a><\/p>\n

\u2014 CoinGecko (@coingecko) July 21, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n

Other top performers came up with even bigger gains, including Moonbirds and Lil Pudgys, delivering sharp 34% and 17% jumps to 1.94 ETH and 1.78 ETH respectively.<\/p>\n

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The combined spike in activity sent NFT trading volumes to a six-month high. Daily trading shot up 344% to $42.7 million, signaling that momentum is returning to the sector after a prolonged period of sluggish action.<\/p>\n

What\u2019s driving the NFT market surge?<\/h2>\n

One key driver is the return of whale activity. Blockchain tracker Lookonchain flagged a newly created whale wallet that spent 2,082 ETH (around $5.7 million) to acquire 45 CryptoPunks within hours. This large-scale sweep sent the collection\u2019s floor price climbing and triggered broader market excitement.<\/p>\n

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A whale created a new wallet(0x1bb3) and spent 2,082 $ETH<\/a>($5.87M) to buy 45 CryptoPunk NFTs 4 hours ago.https:\/\/t.co\/mVu8wrKhT7<\/a> pic.twitter.com\/pfH4j5lYKI<\/a><\/p>\n

\u2014 Lookonchain (@lookonchain) July 21, 2025<\/a><\/p><\/blockquote>\n<\/div>\n<\/figure>\n

The NFT rally also ties into the wider crypto uptrend. Ethereum (ETH) is trading over $3,800, hitting multi-month highs after a steady weeks-long climb. Bitcoin (BTC) is holding above $119,000, leading the bullish sentiment across digital assets.<\/p>\n

Market watchers are already calling \u201cNFT season.\u201d Echoing broader market sentiment, X user Chris Taylor described<\/a> the surge as the start of an incoming \u201cNFT bull market.\u201d Blockworks co-founder Jason Yanowitz added<\/a>, \u201cNFTs are moving like there are NFT treasury vehicles on the horizon,\u201d pointing to the ongoing trend of reserve strategies driving Bitcoin and Ethereum to new highs.<\/p>\n

Despite the rebound, the broader NFT market remains far from its peak. Data from CryptoSlam shows<\/a> active NFT buyers are still down 52%, while global transactions have dropped 11.6%. Whether this rally marks the start of a lasting comeback or just a temporary spike remains to be seen.<\/p>\n

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