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BAYC COMEBACK — DEAD NFT NARRATIVE REVERSED?
Bored Ape Yacht Club is showing a surprising resurgence, with floor price surging more than 80% in just over a month, signaling renewed interest in blue-chip NFTs.
Price action: Floor price jumped from ~5.6 $ETH in early April to around 10.31 $ETH currently, with recent peaks approaching 12 $ETH, a strong recovery move after a prolonged downtrend.
Market activity:
• 30-day trading volume: ~6,105 $ETH
• Noticeable increase in liquidity
• Fresh capital rotating back into NFT blue chips
What’s driving it? After a long “sleeping phase,” NFTs are seeing renewed attention, with capital rotation and speculative momentum slowly returning to the sector.
Key question now: Is this the start of a real NFT revival cycle… or just a sharp liquidity-driven pump before another cooldown?
Conclusion: BAYC is no longer behaving like a dead asset, but whether this is a trend reversal or a short-term spike remains the market’s biggest debate.
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