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Just noticed the NFT market cap hit a major milestone, crossing $2 billion over the weekend. Pretty solid move considering where things were a few months back. The latest NFT news shows the market sitting around $1.87 billion after one of its strongest 30-day stretches recently.
Yuga Labs' collections have been the main driver pushing things up - their stuff keeps pulling volume and attention. Meanwhile CryptoPunks is still holding the top spot as the largest collection by market cap, which honestly isn't surprising given the brand power there.
It's interesting to see the NFT sector showing this kind of momentum again. The market's been choppy, but when you look at these kinds of milestones and the NFT news flow, there's definitely some recovery energy building. Worth watching how this plays out over the next few weeks.