The NFT market is showing early signs of recovery after a prolonged downturn, with several blue-chip collections posting double-digit percentage gains. CryptoPunks and Bored Ape Yacht Club have both seen floor prices increase by over 20% in the past two weeks. Trading volume across major marketplaces has climbed to $180 million monthly, the highest level since early 2024. New use cases are driving demand, with major fashion brands launching limited-edition digital collectibles tied to physical merchandise. Gaming NFTs continue to lead in transaction volume, representing 45% of all NFT sales. Industry analysts caution that sustainable recovery depends on broader crypto market conditions.
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