Online reports, according to The Block, NFT market monitoring data showed that trading volume of the CryptoPunks series exceeded US$24.6 million last week, setting a single-week record since March 2024, a surge of 416% from the previous week. The increase in market activity was accompanied by an overall increase in price indicators: the floor price climbed from 40 ETH to 47.5 ETH, and the average selling price rose from $140,000 to $182,000. The recovery is directly related to the landmark acquisition of Nasdaq-listed company GameSquare. The FaZe Clan parent company recently issued US$5.15 million worth of preferred stock to purchase #5577 from the rare " Ape Punk " series at a valuation of three times the market floor price.