On May 12, CryptoPunks asserted their dominance in the non-fungible token (NFT) market, achieving a daily sales volume of over $1.39 million, according to data from CryptoSlam. The majority of these impressive sales came from CryptoPunk 741, which fetched nearly $800,000 on the Larva Labs marketplace. This NFT had previously changed hands seven years ago for a mere $400, marking a significant increase in value. With this sale, CryptoPunk 741 has become the eighth-highest-valued CryptoPunk in the entire collection.

Other Top Performers: DMarket and NodeMonkes

Trailing behind CryptoPunks, the DMarket collection, which operates on the Mythos Chain—a blockchain specialized for Web3 gaming applications—reported daily sales of $945,383. This marked the third consecutive day DMarket’s sales surpassed the $900,000 mark. Notably, DMarket hit a monthly high of over $970,000 on the preceding Friday. To date, DMarket’s all-time sales volume has reached an impressive $427.16 million.

NodeMonkes, the leading collection among Bitcoin-based NFTs, secured the third spot with $565,277 in sales, a significant drop from the previous day’s $1.21 million.

Performance of Other NFT Collections

Outside the top three, several other NFT collections also saw notable sales volumes:

• Pudgy Penguins recorded $473,136 in sales.
• $CORE BRC-20 NFTs achieved $450,912 in sales.
• Solana Monkey Business, operating on the Solana blockchain, posted sales of $429,598.

Following these were $LTC+ BRC-20 NFTs, Mad Lads, and $π BRC-20 NFTs, contributing to the overall vibrant activity in the NFT market.

Blockchain Rankings

Sunday’s sales activities significantly boosted the Ethereum blockchain, which hosts the CryptoPunks collection, to the top of the blockchain rankings for NFT sales. Ethereum reported a total sales volume of $5.24 million, marking a 25.6% increase from the previous day’s $4.17 million.

Meanwhile, the Bitcoin blockchain reported $5.08 million in daily sales, closely following Ethereum. Solana also demonstrated robust activity with $2.67 million in sales.

CryptoPunks’ outstanding performance on May 12 highlights the dynamic and ever-evolving nature of the NFT market. As interest and investment in NFTs continue to grow, collections like CryptoPunks, DMarket, and others are setting new benchmarks and driving significant activity across various blockchain platforms.