CryptoPunks Maintained Their Position at the Forefront of the NFT Market

The most expensive NFT sold during the period was CryptoPunk #5963, which traded for $142,118.67, or 88 ETH.

CryptoPunks maintained their position at the forefront of the NFT market over the past 24 hours, as several high-value Ethereum-based sales topped transaction charts. Data from the latest daily cycle showed a strong mix of sales activity across Ethereum, Solana, and emerging Layer 2 chains, reflecting the ongoing shift toward multi-chain engagement in the digital collectibles space.

The most expensive NFT sold during the period was CryptoPunk #5963, which traded for $142,118.67, or 88 ETH. This was followed by the sale of CryptoPunk #5921, purchased for $84,101.55, equivalent to 52 ETH. These sales continued a trend of strong valuation among legacy Ethereum collections, reinforcing CryptoPunks’ role as a dominant asset class within the NFT sector.

Additional high-ranking sales came from the Paradise collection, hosted on the Solana blockchain. Paradise #2jRVx… was sold for $26,113.05 (187.9 SOL), while Paradise #F6YPu… followed closely at $25,919.43 (185.11 SOL). Another asset, Paradise #3aXLd…, had a recorded sale of $25,018.73 whose equivalent in SOL is 180. Such transactions put Solana in the list of the five most significant single NFT sales for the day and marked the trend toward quicker and less costly platforms for high turnover.

Pudgy Penguins Secure Strong Mid-Tier Sales

Mid-tier trading activity was largely driven by the Pudgy Penguins collection, which accounted for five of the top ten NFT sales in the 24-hour cycle. Both Pudgy Penguins #3843 and #2310 registered identical sale values of $15,475.52, with the former traded in 9.584 ETH and the latter in 9.584 BLUR ETH. The collection’s other top entries—Pudgy Penguins #99, #5809, and #8568—each achieved prices slightly above $15,000.

These sales were consistent with the buyers’ engagement in various platforms such as the Blur marketplace built on Ethereum. Also, the use of ETH and BLUR ETH as trading pairs was established to show that trading paths were actively used in the emerging view of NFTs.

Blockchain Volume Rankings Highlight Multi-Chain Trends

Across blockchains, Polygon led NFT sales volume over the same period, reaching $2.98 million. Despite a 24.03% decline from the previous cycle, the network held its position at the top. Ethereum followed with $2.45 million in sales, representing a 3.39% increase in volume. However, Ethereum also experienced a 21.58% decrease in wash trading activity.

Mythos Chain recorded $2.01 million in sales, down 4.63%, placing it third in total volume. Bitcoin, which had previously shown stronger metrics, dropped to fourth place with $1.62 million in sales, reflecting a sharp 33.56% decline. Solana remained in the top five with $1.07 million in actual sales and $1.11 million in total volume, a decrease of 12.39%.

Layer 2 Networks Record Notable Increases

While not leading in absolute numbers, Arbitrum posted the largest relative increase in daily NFT sales. Sales volume rose by 456.87% to $90,490. The amount of wash trading on the network also increased to $90,931, recording an alarming 112.98 % increase.

Base, another Layer 2 protocol, saw 11.61% growth in daily sales. Its wash trading volume surged to more than $2.87 million, lifting the total trading figure to $3.22 million. These figures placed Base among the highest-volume chains when adjusted for non-organic activity.

Other mid-tier tokens included Immutable, with total sales of $802,083; BNB Chain, established at $377,749, which grew by 3.42%; and Flow, at $327,426, which was 52.28% higher. These movements also indicate the trend of more competition in the market since people operate in different blockchains.