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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    Enhancing Security in Online Gambling with Blockchain Technology

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    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

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    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

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    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

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    The Biggest Games Releasing in July 2025

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    NeoDashboard introduces strategy card game “War on Bugs”

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    Long and Short Positions in Crypto Explained for Beginners

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    What Is Fully Diluted Valuation (FDV) in Crypto?

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    What Does FUD Mean in Crypto? The Fear, Uncertainty, and Doubt Effect

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    What Is Crypto Staking? How to Earn Crypto by Holding It

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    What Is Yield Farming in Crypto? A Beginner’s Guide to DeFi Income

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    What Is Asset Tokenization? Types, Why It Matters Now [2025]

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    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

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    An SBF Testimony Could Add ‘Decades’ to His Prison Sentence, According to Lawyer – Here’s Why

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    Solana, XRP and One Ethereum Rival Leading Institutional Inflows in 2023: CoinShares Data

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    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

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    Top Trader Sees Bitcoin Skyrocketing 570% in Next Bull Market Amid Soaring US Debt Levels

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    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

    IOT in E-Commerce Market Is Going to Boom | Major Giants Amazon,Alibaba,eBay

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    Enhancing Security in Online Gambling with Blockchain Technology

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    Blushush by Sahil Gandhi and Ohh My Brand by Bhavik Sarkhedi Partner to Revolutionize Brand Strategy and Personal Branding

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    How to Play Treeverse: Beginner’s Guide to Gameplay, NFTs, and Tokenomics

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    GameFi Q1 2025 Report: User Growth, Chain Activity, and Revenue Trends

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    Brain-Computer Interface Market Value, Trends, and Demand Insights | Scope By 2032

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    Shib: The Metaverse – Part of the Expanding Shiba Inu Ecosystem

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    Experience to Earn: Everdome’s Metaverse Frontier

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    Beyond Bots: Meta Motivo and the Dawn of Humanlike Digital Life

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    Exploring NetVRk: What Is Behind This AI-Driven Virtual Universe?

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    Council of Europe Highlights Metaverse’s Impact on Privacy and Democracy

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    Meta Cancels Next-Gen Headset Amidst Changing Market Landscape

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    Carrieverse and Disney Ink Content Deal

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    SYKY Bridges Digital and Physical Fashion with Apple Vision Pro

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    Somnia Launches Playground App to Empower Metaverse Creators

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    NFT sales reach $125m, Ethereum dethrones Polygon

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    Terminus Teams Up with Enterise to Revolutionize Web3 Film Payments

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    OpenSea Dominates With 7.09k Sales as Azuki and Guild of Guardians Power NFT Market Momentum

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    Alchemy Pay and Xterio Partner to Enable NFT Purchases with Fiat and Cards

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    Fan3 Brings Real Fans Back to the Front Row with Avalanche-Powered Platform

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    From ‘Not a Fan’ to Crypto President—With His Own Meme Coin

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    Courtyard Tops Sales, CryptoPunks Dominate High-Value Trades

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    NFT sales plunge 18% to $116.9m, Polygon beats Ethereum

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    Matt Furie NFTs Crater 97% After Mint Exploit

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    The Biggest Games Releasing in July 2025

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    Should You Play This NFT Soccer Game?

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    Floki Forges Partnership with Method to Bring Valhalla to MMO Community

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    Why ‘Eve Frontier’ Is Opening Up to Everyone With Free Trial Experience

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    Broken Bound Joins Forces with Adventure Layer to Reshape AI-Powered Onchain Gaming

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    Capturing the Growth of Asset-Backed Finance via Blockchain-Enabled Opportunities

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    Bitcoin Miner Bit Digital Diversifies Into AI for ‘Substantially Higher Margin’ Than Mining

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    How decentralization can mitigate ‘dystopic’ artificial intelligence risks: SingularityNET exec

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    UAE emirate launches new free zone for digital assets, Web3 and AI

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    Long and Short Positions in Crypto Explained for Beginners

    Long and Short Positions in Crypto Explained for Beginners

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    What Is Fully Diluted Valuation (FDV) in Crypto?

    What Does FUD Mean in Crypto? The Fear, Uncertainty, and Doubt Effect

    What Does FUD Mean in Crypto? The Fear, Uncertainty, and Doubt Effect

    What Is Crypto Staking? How to Earn Crypto by Holding It

    What Is Crypto Staking? How to Earn Crypto by Holding It

    What Are Liquidity Pools? A Guide to DeFi Explained Simply

    What Are Liquidity Pools? A Guide to DeFi Explained Simply

    What Is Yield Farming in Crypto? A Beginner’s Guide to DeFi Income

    What Is Yield Farming in Crypto? A Beginner’s Guide to DeFi Income

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    What Is Asset Tokenization? Types, Why It Matters Now [2025]

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  • Analysis
    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

    Bitcoin Sees Historic Rise in Shark and Whale BTC Wallets, Records New High: Santiment

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    Estate of Bankrupt Crypto Exchange FTX Abruptly Stakes Over $144 Million in Solana (SOL)

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    The #1 CopyTrading Exchange-Bitget Turns 5, $100 Bonus for Newcomers

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Home NFT

Raoul Pal Sees NFT Market Explode as Ethereum Bull Cycle Approaches New All-Time High

May 17, 2025
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Raoul Pal Sees NFT Market Explode as Ethereum Bull Cycle Approaches New All-Time High
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Raoul Pal, Real Vision CEO and well-known macro investor, specific NFTs could see a strong resurgence if Ethereum (ETH) builds momentum towards establishing a new all-time high (ATH). In a post on X, Pal pointed to key NFT collections that could see strong upside if ETH reaches new peaks.

READ ALSO

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NFTs to Benefit From Ethereum’s Momentum

Pal stated that he is “forming a view” that a renewed Ethereum bull market will lift NFT assets tied closely to its ecosystem. Among those he named were CryptoPunks and Bored Ape Yacht Club (BAYC), citing their prominence and cultural status.

Related: Adidas Launches Exclusive NFT Collection for Xociety Game on Sui Blockchain

He also mentioned Meebits and CryptoDickbutts, describing them as “cheap OG assets” with upside potential if overall market sentiment for NFTs improves. Pal believes such an NFT rally would be driven not only by Ethereum’s rising value but also by a shift in investor focus back to these well-known collections.

Notably, Ethereum is trading at 2,499, a 3.7% loss in the past day. However, the token has been on an impressive run in the past month, following a 56% surge. Meanwhile, its price is still 49% low from its $4,891% all-time high on November 10, 2021. However, analysts like Virtual Bacon expect the token to reach $10,000 this bull cycle.

CryptoPunks, BAYC Still Dominate the Market

The latest figures from CoinGecko show that CryptoPunks remains the most dominant NFT collection in terms of market cap. With a floor price of 46.59 ETH, approximately $115,900, it commands 57% of the top NFT dominance index. Though unchanged in the past 24 hours, its floor price rose 3.9% over the week.

See also  TIA gains 160% - how high can the rally go?

Bored Ape Yacht Club holds second place with a floor of 12.74 ETH, translating to around $31,700. BAYC gained 1.1% in 24 hours but is still down 6% on the week. Pudgy Penguins ranks third in dominance, priced at 9.93 ETH, though it saw a 3.2% dip in the past day.

NFT Market Under Pressure Despite Select Gains

Despite Pal’s optimism, the NFT market has struggled in the short term. The total NFT market cap dropped 5% over the last 24 hours to $4.46 billion, and sales volume declined by 10.7%, falling to $5.66 million.

Related: Hot Wheels NFT Collection Paused: Mattel’s Next Move in a Struggling NFT Market

However, some collections bucked the trend. The Sandbox LANDs surged over 42,000% in floor price, while Chrome Squiggle by Snowfro jumped nearly 24% in 24 hours. These moves suggest pockets of investor interest even amid broader weakness.

Disclaimer: The information presented in this article is for informational and educational purposes only. The article does not constitute financial advice or advice of any kind. Coin Edition is not responsible for any losses incurred as a result of the utilization of content, products, or services mentioned. Readers are advised to exercise caution before taking any action related to the company.

Tags: AllTimeApproachesBullCycleEthereumExplodeHighmarketNFTPalRaoulSees

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