NFT Liquidity Shuffle

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Per CoinGecko, the global NFT market cap is currently around $4.41 billion, down 1% over the past 7 days.

Yet amid that broad (albeit minor) slide, most big collections held their ground.

On Ethereum, the floor prices of top PFPs like CryptoPunks, Bored Apes, and Miladies all gained 1% in ETH terms on the week, while in the same span popular Bitcoin Ordinals fared better as BTC notched a new ATH above $111k. Bitcoin Puppets climbed +5%, NodeMonkes +12%, and Pizza Ninjas +8%.

In contrast, top Solana collections like Mad Lads and Claynosaurz slumped 7% and 2% on the week respectively.

Put otherwise, presently ETH floors are flat, BTC floors are up, and SOL floors are down among the largest NFTs. It seems the same collectors are shuffling chairs around the same table rather than new money coming in, so we'll have to see if a fresh wave of liquidity can shake things up here in the near future.

Plus, other news this week...

📰 General news

• Starknet introduced Broly, a system for creating Bitcoin inscriptions without BTC
  

🎨 Cryptoart

• fxhash opened its $FXH claimdrop on Base
• Manifold added support for crosschain payments

🏆 Digital collectibles

• Azuki is appearing at the Anime Expo in July
• Rhett Mankind is releasing the Turbo Toad collection next week

🎮 Decentralized gaming

• BattleRise reached 65k downloads atop Arbitrum
• Nifty Island released its in-game Gacha system
• Off the Grid is coming to Steam
• Raijin, a new gaming rewards platform, launched

📱 Onchain social

• Checkr launched its V1 platform
• Farcaster rebranded Warpcast to Farcaster and unveiled wallet and Mini Apps support for Solana
• Paragraph released a new Auto-Crosspost feature

🪙 Memes & NFTfi 

• Kraken is developing a Bitcoin Runes integration

🌐 Virtual worlds

• Decentraland opened creator submissions for its Art Week 2025 event

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