Bored Ape Yacht Club NFTs have seen their floor price jump more than 75% over the past month, hitting $25,150 as of May 10. The rally, which started around April 10, pushed the collection's floor up from $14,300. Other blue-chip projects like CryptoPunks and Mutant Ape Yacht Club also posted gains over the same stretch, signaling a broad recovery in the upper end of the NFT market.
By the numbers
The 30-day rise is the steepest BAYC has seen in months. The floor price now sits roughly where it was late last year, though still off its all-time highs. Mutant Ape Yacht Club and CryptoPunks each saw floor price increases during the same period, though the exact percentages weren't immediately comparable. Traders on major marketplaces reported a pickup in volume, particularly for low-mint BAYC tokens and rarer traits.
Broader rally
The move isn't isolated to Yuga Labs' ecosystem. CryptoPunks, the oldest blue-chip profile-picture project, also saw its floor rise. MAYC, the smaller sibling collection, tracked upward as well. The three collections together account for a large chunk of the NFT market's total value, so their simultaneous uptick has drawn attention from collectors and speculators alike. Some market participants pointed to renewed interest from high-net-worth buyers and a few notable whale wallets accumulating over the past two weeks.
What comes next
The rally has already pushed BAYC past a few resistance levels that had held since February. Whether it can hold above $25,000 will depend on sustained buying and the overall mood in crypto markets. The next few days could tell — if volume dries up, the floor might slip. But for now, holders are watching a green chart.
