The NFT Market Cap jumps to $ 9.3B while Ethereum price collections have raised collections

The sector that does not disturb the token (NFT) advanced to a market capitalization of more than $ 9.3 billion while Ether -based collections increased with the price of ether.

NFT data tracker nft price price shown On Wednesday that the general market capitalization of the NFT collections hit $ 9.3 billion, a 40% offering from July. According to Dappradar data, there were NFTS a market capitalization of $ 6.6 billion Last month.

Ether (Eth), which recently pushed the $ 4,000 milestone, became a major driver behind the NFT Market Surge. At the time of writing, the ETH exchanged over $ 4,600 and had a market capitalization of over $ 557 billion, according to coingecko.

Because many NFTs are based on Ethereum Mainnet, their sales and values are denominated with ETH. Consequently, the bullish momentum of the crypto asset translates into higher market values and increased activity in the NFT space. At the time of writing, the top 10 NFT assets through the market cap are based on Ethereum.

The NFT Market Cap has appeared 40% since July

Cryptopunks maintained its place as Top NFT collection by market capitalization. The NFT floor data shows that the collection costs at least 526,900 ETH (about $ 2.4 billion).

In the last seven days, the cryptopunks were about 4,200 ETH in volume, worth about $ 20 million. On Sunday, the collection had 90 total sales, reaching $ 217,331 per NFT.

The bored Ape Yacht Club (BayC) follows the cryptopunks in ranks with an appreciation of $ 602 million, while pudgy penguins follow close to $ 591 million.

Related: $ 8.5 million NFT Sales Surge to $ 574 million in July, second-proved to 2025

Pudgy penguins added to a crypto treasury

However, while BayC is at the forefront of appreciation, the Pudgy Penguins Collection is leading BayC in terms of seven-day volume. Defillrama data suggests that Pudgy Penguins have a volume of $ 8.7 million last week, while BayC has $ 6.3 million.

In an interview with Cointelegraph, the Pudgy Penguins CEO and owned Luca Schnetzler (better known as Luca Netz) said the expansion of the collection to a physical toy brand The company has been saved from losses in 2022.

Since then, the collection has become a leading NFT brand, competing with other blue-chip collections.

This week, blockchain company BTCS Inc. added Three pudgy penguins in its corporate treasury.

In addition to the three collections, the other top 10 NFT collection by Market Cap included Snowfro’s Chromie Squiggle, Tyler Hobbs’ Autoglyphs, Fidenza’s Fidenza, Lil Pudgys, Mutant Ape Yacht Club (MayC), Moonbirds and Milady Maker.