NFT Market Sees Cross-Chain Surge with CryptoPunks, Boogles, and zkSnarks

The NFT market has experienced a surge in activity over the past week, with significant trading volume recorded on multiple blockchains. CryptoPunks were at the center of this action, moving $3.58 million in ETH as 40 pieces changed hands.

On Solana, the Boogles collection saw respectable sales, totaling over $1 million in value after 10 transactions involving prominent figures such as WhiteWhale and Se Yong Park, co-founder of FOMO.

The most eye-catching debut belonged to zkSnarks, a Zcash-native project that raised approximately $17 million through a blind auction. The collection sold 8,000 NFTs at 1.5 ZEC each, generating secondary trading volume exceeding 5,000 ZEC shortly after launch.