📢 Gate Square Exclusive: #WXTM Creative Contest# Is Now Live!
Celebrate CandyDrop Round 59 featuring MinoTari (WXTM) — compete for a 70,000 WXTM prize pool!
🎯 About MinoTari (WXTM)
Tari is a Rust-based blockchain protocol centered around digital assets.
It empowers creators to build new types of digital experiences and narratives.
With Tari, digitally scarce assets—like collectibles or in-game items—unlock new business opportunities for creators.
🎨 Event Period:
Aug 7, 2025, 09:00 – Aug 12, 2025, 16:00 (UTC)
📌 How to Participate:
Post original content on Gate Square related to WXTM or its
The NFT market is experiencing a strong rebound, with blue-chip collections leading the trend.
The NFT market shows obvious signs of recovery, with blue-chip collectibles leading the Rebound
Recently, the NFT market has shown significant signs of recovery. After months of sluggishness, the market has finally presented positive signals: the floor prices of well-known projects have increased, the overall market value has rebounded, and some emerging series are beginning to challenge the status of established NFTs. From Pudgy Penguins surpassing BAYC to Art Blocks making an unexpected return to popularity, the market atmosphere is undergoing subtle changes.
Market Overview
The NFT market performed brilliantly in July:
Popular NFT Categories
The PFP category leads this round of Rebound, accounting for 37% of the total trading volume. Next is RWA NFT, which accounts for 11%. NFTs in the sports, music, and fashion sectors are performing mediocrely, and the popularity of game NFTs has also cooled down. The dominant position of PFP aligns with the current market sentiment, similar to the typical bull market cycle.
Eye-catching NFT Series
Pudgy Penguins: New Heavyweight Collection
Pudgy Penguins' market value has surpassed BAYC, second only to CryptoPunks. Since its launch, the floor price has increased by 539%, with a further 7% rise in the past week. Its success is attributed to seizing opportunities during the bear market and expanding influence through offline interactions and cross-industry collaborations.
CryptoPunks: The classic series returns to the spotlight
CryptoPunks saw a 53% increase in floor price this week, with trading activity remaining high. As a benchmark of Web3 influence, CryptoPunks always manages to attract attention again whenever the market warms up. For many, owning a Punk symbolizes a unique status of identity.
Moonbirds: Unexpected Rebound
Moonbirds staged a strong Rebound, with the floor price rising by 60% and trading volume surging by 600%. This wave of Rebound is attributed to the new owner Orange Cap Games announcing a partnership with Towns to provide holders with private on-chain space and airdrop opportunities. Nevertheless, the value of Moonbirds is still 64% lower than at the time of issuance, and future developments need to be observed.
Art Blocks: Rebound
Art Blocks returns to the top of the trading volume chart, with an average price surge of 156%. Its recently launched features such as collector profiles and wallet aggregation have gained market recognition. Top projects like Fidenza have sparked renewed interest, making art NFTs the focus of the market once again.
Summary
In the past week, the NFT market has shown signs of recovery: floor prices have risen, PFPs have regained dominance, and art projects have made a strong comeback. Pudgy Penguins have surpassed BAYC, CryptoPunks' popularity has risen, and Moonbirds have shown a significant rebound. All these indicate that the market is changing, with investors refocusing on high-quality NFT projects.