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Cryptocurrency News Articles
The NFT Market Records Notable Q4 Upswing as Ethereum-Based Collections Lead Resurgence
Jan 01, 2025 at 12:15 pm
The global non-fungible token market, led by Ethereum-based NFTs, has recorded a notable uptick in Q4, 2024, with recent data indicating a significant uptick in trading sales volumes and floor price values.
The global non-fungible token market, spearheaded by Ethereum-based NFTs, has witnessed a notable uptick in Q4, 2024. Recent data indicates a significant increase in trading sales volumes and floor price values, reflecting the broader trend of increasing valuations in the NFT ecosystem. This surge in price is driven by heightened market activities and renewed interest in digital assets.
Data compiled by nftpricefloor.com, an on-chain crypto and non-fungible token data aggregator, shows that the non-fungible token market has seen a sharp gain in Q4,2024. Among the top performers are Ethereum-based NFT collections, which have led the resurgence. This massive recovery in Q4, 2024 comes after a prolonged period of market stagnation, which left many blue-chip NFT floor prices far below 30 ETH. Below, we have listed some of the top NFT floor price gainers in Q4, 2024.
Top NFT Floor Price Gainers In Q4, 2024
CryptoPunks, a non-fungible token collection featuring a limited edition of 10,000 NFTs created by Larva Labs but now managed by the digital asset firm Yuga Labs, has seen some gains in Q4, 2024. In the past 90 days, the CryptoPunks NFT collection has seen its floor price jump back to over 36 ETH. During this period, the CryptoPunks NFT floor price has surged 95% from the previous quarter.
Source: nftpricefloor.com, Blue-chip NFT floor prices in Q4,2024
2. Pudgy Penguins
Pudgy Penguins, a non-fungible token collection from the digital asset firm Igloo that features a fixed edition of 8,888 NFTs hosted on the Ethereum blockchain network, has also seen its floor price recording positive gains in Q4, 2024. In the past 90 days, the Pudgy Penguins NFT series has recorded a floor price value of 22 ETH. During this time, the Pudgy Penguins NFT floor price value has surged by 222% from the previous quarter.
3. Bored Ape Yacht Club
Bored Ape Yacht Club, a non-fungible token collection from the renowned digital asset firm Yuga Labs featuring a limited edition of 10,000 NFTs hosted on the Ethereum blockchain network, is another top-floor price gainer in Q4, 2024. In the past 90 days, the Bored Ape Yacht Club NFT collection has seen its floor price climb to 14 ETH. During this period, the Bored Ape floor price surged +101% from the past quarter.
4. Blue-chip Azuki
Azuki, a renowned non-fungible token collection from the digital asset incubation studio Chiru Labs featuring a limited set of 10,000 NFTs hosted on the Ethereum blockchain network, is another top-floor price gainer in Q4, 2024. In the past 90 days, the Azuki NFT collection has seen its floor price value rise to 12 ETH. During this period, the Azuki NFT floor price has surged by +245% from the past quarter.
5. Mutant Ape Yacht Club
Mutant Ape Yacht Club, a non-fungible token collection from the digital asset incubation studio Yuga Labs featuring a fixed set of 20,000 NFTs hosted on the Ethereum blockchain network, has seen its floor price gaining some strength in Q4, 2024. In the past 90 days, the Mutant Ape NFT floor price has climbed to 2.90 ETH. During this time, Mutant Ape NFT floor price has surged by 138 % from the previous quarter.
Source: nftpricefloor.com, Blue-chip NFT floor prices in Q4,2024
6. Doodles NFT Collection
Doodles, a non-fungible token collection from the digital artist Burnt Toast featuring a limited edition of 10,000 cartoon NFTs hosted on the Ethereum blockchain network, is another top NFT gainer in Q4, 2024. In the past 90 days, the Doodles NFT collection has seen its floor price rise to 5.33 ETH. During this time, the Doodles NFT floor price value has skyrocketed +390 from the past quarter.
7. Lil Pudgy NFT Collection
Lil Pudgy, another non-fungible token collection from the digital asset firm Igloo Inc. featuring a fixed edition of 22,222 NFTs hosted on the Ethereum blockchain network, has been another top gainer in Q4, 2024. In the past 90 days, the Lil Pudgy NFT collection has seen its floor price
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