CryptoPunks Reclaim $100,000 and XCOPY Edition Sells for $1.2 Million

Some areas of the NFT market are rebounding, with CryptoPunks reclaiming the $100,000 mark, and XCOPY work flying off the shelves after a $1.2 million sale of an editioned work known as “Last Selfie.”

Following a tumultuous drawdown, the CryptoPunk resurgence is mostly due to the recent ETH rally, and the flagship PFP collection now trades above $100,000 again. The CryptoPunks floor price has held steady in 2025 at around 45 ETH, but ETH’s volatility has resulted in massive fluctuations in the fiat value of the collection.

At the current floor price, CryptoPunks would have been worth roughly $160,000 in January, and as little as $68,000 when ETH touched $1500 at the beginning of April, creating a significant disparity for holders who buy, sell, and denominate their Punks in terms of fiat value.

The NFTs hit a local low in August 2024, when they tagged 20 ETH ($55,000 at the time) per CryptoPunk, and have more than doubled since, in both fiat and ETH terms.

XCOPY Sale

CryptoPunks are among the few outliers in the NFT market, alongside crypto-native artist XCOPY.

XCOPY’s work has surged this year, with his unique collections Remnants, ICXN, and Grifters soaring. Remnants are up from roughly 6 ETH to 15 ETH, ICXN is trading at 3.5 ETH after bottoming out at 1 ETH in March, and XCOPY’s PFP collection Grifters is up to 21 ETH after trading at 9 ETH earlier this year.

The run on XCOPY collections comes after a first quarter punctuated by frequent and highly-priced 1/1 and low edition sales, including a $1.1 million sale of a 1 of 10 edition titled “Last Selfie” on May 7.

Most other major NFT collections, such as Pudgy Penguins and Bored Ape Yacht Club, have remained stagnant, but overall volume on NFT marketplaces has completely collapsed.

According to Dune Analytics, the entire Ethereum NFT market processed just $3 million in volume on May 8, compared to between $10 million and $40 million daily in January and February.