🛰️ FN Express | NFTs are experiencing a renaissance, but is Solana co-founder pouring cold water on it?
NFTs seem to be following ETH back on the road to $4000, as established blue-chip NFTs have thawed and revived after an 18-month ice age.
Among them, the #CryptoPunks NFT series saw a trading volume exceeding $24.6 million last week, setting a record high since March 2024, with a 416% increase from the previous week.
A few days ago, Nasdaq-listed company GameSquare announced that its board has approved a strategic purchase of CryptoPunk #5577 from Robert Leshner, founder of the DeFi protocol Compound and CEO of Superstate.
The remaining ETH blue-chip NFTs also generally rose in tandem over the week. Moonbirds' floor price broke 2 ETH, rising nearly 50%; Milady Maker's floor price surpassed 3 ETH, increasing over 20%.
However, NFTs are just getting started. Last Sunday, Solana co-founder Anatoly Yakovenko and Base founder Jesse Pollak sparked a "mutual attack mode" on Twitter, debating whether creator tokens on Zora and anonymous meme coins on @pumpdotfun can be compared.
In the debate, Anatoly Yakovenko bluntly concluded that - "Memecoins and NFTs are both digital trash with no intrinsic value."
Let's take a look at Toly's history of once being a huge supporter of memes:
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