TechFlame reports that, according to The Block, NFT market monitoring data shows that the CryptoPunks series surpassed $24.6 million in trading volume last week, the highest weekly record since March 2024, surging 416% from the previous week. Increased market activity was accompanied by an overall rise 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. This market recovery is directly linked to the landmark acquisition of NASDAQ listed company GameSquare. The FaZe Clan parent company recently issued $5.15 million worth of preferred stock to purchase #5577 in the rare “Ape Punk” series at a valuation of three times the market floor price.