international NFT The market is turning into vibrant once more. In keeping with CoinGecko knowledge shared by Wu Blockchain on January 14th, the whole NFT Market cap is again to $3 billion. This can be a massive second for the house, which has been quiet for years after the massive increase of 2021.
In keeping with CoinGecko knowledge, Wu stated:NFT Market worth recovers to USD 3 billion, primarily in blue-chip shares NFT Value flooring have rebounded to various levels, with CryptoPunks up over 8%, BAYC up over 9%, and Pudgy Penguins up over 4% prior to now seven days. https://t.co/FW70EYuHAi
— Wu Shuo Blockchain (@wublockchain12) January 14, 2026
On the time, non-fungible tokens had been in every single place. Costs had been excessive. Celebrities additionally purchased them. Twitter was filled with profile images. Nonetheless, after the hype died down, buying and selling volumes fell by greater than 90% and plenty of initiatives disappeared. From 2023 to 2024, most NFTs entered a protracted bear market. Now, in early 2026, the environment is slowly altering.
Take a look at the present market
Cumulative whole as of mid-January 2026 NFT The market capitalization reaches roughly $3.01 billion. Though day by day buying and selling quantity continues to be decrease than prior to now, it’s slowly recovering and stays near $4 million to $5 million per day. This restoration wasn’t caused by a brand new hype undertaking or meme assortment. As an alternative, funds are returning to probably the most trusted and well-known collectibles, so-called “blue-chip NFTs.” Ethereum stays the primary chain for NFTs. Most vital collections reside there and most transactions nonetheless happen on the Ethereum-based market.
Blue chip NFTs lead a comeback
The largest positive factors come from the highest names in NFTs.
- most well-known cryptopunks NFT World collections have elevated by over 8% over the previous 7 days. The present lowest value is round $29. Ethereum and it’s nonetheless the most important NFT Initiatives primarily based on market worth. At the moment controls practically one-third of the whole NFT market.
- Bored Ape Yacht Membership can also be getting again on its ft. The bottom value has risen greater than 9% in per week and is presently buying and selling at $5.8. Ethereum. BAYC was one of many symbols of the 2021 bull market. Its current rise in recognition exhibits that collectors are coming again.
- Stocky penguins are additionally on the rise. The bottom value is up about 4% over the previous week, buying and selling round $5.1. Ethereum. Pudgy stays fashionable due to real-world toys, model offers, and powerful neighborhood help. Whereas these collections are main the restoration, a lot of the smaller NFTs have remained silent.
Why NFTs are on the rise once more
of NFT In the present day’s information exhibits that that pullback is intently tied to the broader crypto market. Bitcoin and Ethereum will rise in early 2026, and when cryptocurrencies rise, non-fungible tokens sometimes comply with. One more reason is whale exercise. Lengthy-term collectors and people with massive wallets are slowly shopping for once more at decrease costs. They view blue-chip NFTs as digital artwork and cultural property with the potential to develop over time.
Initiatives like Pudgy Penguins additionally present that non-fungible tokens will be utilized past images to actual merchandise, video games, and types. This helps restore actual worth to the house. Nonetheless, it’s not but an entire comeback. Buying and selling volumes are low and plenty of NFTs stay illiquid.
What occurs subsequent?
Returning to $3 billion in market cap is on an enormous psychological stage for followers of non-fungible tokens. It exhibits that the house is just not useless. It’s being rebuilt. If the cryptocurrency bull market continues, NFTs could slowly develop together with it. However to date, the restoration has been led by strong returns somewhat than wild hypothesis. of NFT Winter could lastly be slowly however absolutely melting away.
