The non -bubble tokens market has resurgence, with an increase in negotiation volumes and a renewal of the interests of individual and institutional investors. This “digital renaissance” is fueled by factors such as the increase in cryptocurrency values, new use cases for NFT beyond art and continuous innovation in space. Even if other challenges such as environmental concerns and regulatory uncertainty remain, the current trend suggests a strong recovery and more in -depth growth potential.
Hayes predicts NFTS punks exceeding Ethereum
In response to the recent cover of the NFT market, several notable people from the NFT industry began to share their opinion on the booming NTFT market. In a recent incident, Arthur Hayes, co-founder of Bitmex, made a daring prediction in cryptographic space, predicting that the Cryptopunks NFT collection could surpass Ethereum in terms of dollars during the current market cycle.
Cryptopunks will outperform $ ETh This cycle in $ terms BC $ ETh Bag holders will flex in NFT, it is an internet status game. The whole global economy outside of food and energy production is a giant status game, why would Internet be different.
– Arthur Hayes (@cryptohayes) July 23, 2025
Founded in 2014, Bitmex is a Crypto and Derivated Trading exchange platform, offering a variety of cryptocurrency financial products, including perpetual contracts, term contracts and options of options. Even if Bitmex CEX does not take care of NFTS directly, it has already engaged in the NFT space thanks to initiatives such as Digitalizing AC Milan moments of NFT and launching its own NFT collection.
In its argument, the Bitmex Executive has based its prediction on the evolution of the psychology of wealth in the digital age, where individuals with high shuttle are looking for exclusive visual assets to report their status. Hayes displays this as a “digital state game”, which suggests that when Ethereum holders accumulate significant wealth, they will gravitate to rare NFT like cryptopunks to demonstrate their wealth and early adoption.
Launched in 2017, Cryptopunks is a collection of worldly recognized non -bubble tokens which has a limited edition of 10,000 PFP Pixilées before with the Larva Labs digital asset company, but now managed by Infinite Node Foundation, a non -profit organization focused on preservation, study and exposure of digital art, in particular linked to art technology. The fixed offer of punks and the historical meaning make them very desirable among collectors.
Before summarizing, Hayes estimated that when the NFT market heats up, many Ethereum holders will flex the NFT. It emphasizes the role of punk as an “flexible” agents, where property transmits not only financial success, but also as a pioneering heritage in blockchain innovation. The combination of rarity, cultural cachet and the emblematic pixelated aesthetics of the project reinforces the attraction of punk as a symbols of status.
Ethereum to direct the NFT space – Hayes
Although Hayes predicts the higher yields of cryptopunks, he recognized the fundamental role of Ethereum in the NFT ecosystem. However, he argued that as high -level NFT demand increases, capital could go from ETH to rare collectibles such as punks, accelerating their appreciation compared to the wider market of the NFT. The dynamics may create a divergence where Ethereum remains the backbone of digital asset infrastructure, but is outperformed by niche and culturally significant NFTs.
In the meantime, the account surrounding if the cryptopunks NFT can surpass Ethereum have aroused a heated debate on X. This heated debate attracted notable actors on the NFT market like Seedphrase. While contributing to the debate, NFTFI pointed out: “Yes, the punk credit market is also super interesting. We have been building it since 2021. Cryptopunks quickly become a real warranty of DEFI, with $ 300 million + in total loan volume so far. ”
NFTs are inevitable
– Loki 😈 (@Lokithebird) July 23, 2025
Even if Ethereum’s usefulness as a decentralized platform remains indisputable, the demand for exclusive NFT as cryptopunks reflects a cultural evolution in the signaling of wealth. As the cryptography ecosystem matures, the interaction between fundamental assets and culturally important assets will probably shape future market accounts. Recently, Yat Siu, the president of Animoca Brands, predicted that the NFT could push Ethereum to a new summit of all time (ATH).
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