NFT Market Cap Soars to $6.6 Billion in July, Fueled by CryptoPunks Surge

The non-fungible token (NFT) market is experiencing a significant revival, with its total market capitalization soaring to $6.6 billion in July. This surge, largely driven by the impressive performance of the CryptoPunks collection, marks a substantial 94% increase from the previous month and the strongest weekly trading volume since February.