On 25 October 2026, CryptoPunks is still the largest NFT collection by a wide margin, with a floor of about 30.5 ETH (about $70,800) and a market cap of about $708 million. Next come Bored Ape Yacht Club (floor about 5.7 ETH) and Pudgy Penguins (about 2.5 ETH), according to CoinGecko's NFT rankings that day. The market behind those prices is shrinking. CoinGecko puts the whole NFT market at about $1.62 billion with about $1.83 million in 24-hour sales. On 12 October 2026, Blur, once the largest Ethereum NFT marketplace by volume, said it will switch off its website on 12 November 2026. Holding value in 2026 means the price fell less than everything else. It does not mean the price went up.
What changed in October 2026
The newest news is about the venues where NFTs trade, not about any single collection.
- Blur is closing its website. On 12 October 2026, Blur said it will retire blur.io on 12 November 2026 and keep its marketplace contracts running on-chain. Blend, its peer-to-peer NFT lending product, stops matching new loans on the same day. Borrowers have to repay before then or let their loans default. The Block reported that Blur handled about $1.43 billion in trades in March 2023 and less than $7 million in March 2026.
- Blast, Blur's sister chain, is winding down. On 2 October 2026, Blast said the cost of running the chain "exceed[s] the revenue generated by the L2". Users have until 26 October to withdraw through its normal interface.
- Pudgy Penguins' parent is closing its blockchain. On 6 October 2026, Igloo said it will shut down Abstract, its Ethereum layer-2 network, on 15 December 2026. It will put its resources into Pudgy Penguins, the NFTs and the PENGU token. Users need to move their assets off Abstract through its Migration Hub or native bridge before that date.
- Other venues closed earlier this year. Nifty Gateway says on its own site that it "officially closed on April 23, 2026". On 27 February 2026, Magic Eden said it would stop supporting Bitcoin and Ethereum-compatible NFTs and keep only Solana, Decrypt reported.
For a holder, fewer venues and thinner order books mean an exit can take longer. The sale price may also end up well below the listed floor.
Floor prices on 25 October 2026
All figures below come from CoinGecko's NFT page on 25 October 2026. The floor is the lowest asking price, not the last sale price. The table rests on that one data source, and prices change by the hour.
| Collection | Chain | Floor | Floor (USD) | Market cap |
|---|---|---|---|---|
| CryptoPunks | Ethereum | 30.49 ETH | ~$70,805 | ~$708M |
| Bored Ape Yacht Club | Ethereum | 5.74 ETH | ~$13,329 | ~$133M |
| Pudgy Penguins | Ethereum | 2.48 ETH | ~$5,759 | ~$51M |
| Mutant Ape Yacht Club | Ethereum | 0.80 ETH | ~$1,869 | ~$37M |
| NodeMonkes | Bitcoin (Ordinals) | 0.023 BTC | ~$1,858 | ~$19M |
| Azuki | Ethereum | 0.63 ETH | ~$1,471 | ~$15M |
For scale, CryptoTicker compared CoinGecko floors on 13 October 2026 with each collection's record. By that comparison, BAYC was 97% below its May 2022 floor of 153.7 ETH, Pudgy Penguins 94% below its December 2024 high, Azuki 98% below its April 2022 high, and CryptoPunks 75% below its August 2021 high.
The collections, one by one
CryptoPunks
Larva Labs, the studio of Matt Hall and John Watkinson, released CryptoPunks in June 2017: 10,000 algorithmically generated 24x24 pixel characters, originally free to claim apart from gas fees. Yuga Labs bought the IP on 11 March 2022 and gave holders commercial rights. In May 2025, Yuga sold the IP to the Infinite Node Foundation (NODE), a nonprofit for preserving digital art. The terms were not disclosed. In December 2025, the Museum of Modern Art added eight donated CryptoPunks to its permanent collection, The Block reported.
CryptoPunks has the highest floor and the largest market cap. It has also lost the least value from its record of the collections above. The entry price still means five-figure dollar exposure to a single illiquid asset.
Bored Ape Yacht Club
Yuga Labs launched BAYC in April 2021: 10,000 apes at 0.08 ETH each. Holders get commercial rights to their ape. The ecosystem around it includes Mutant Ape Yacht Club, the ApeCoin (APE) token (launched by the ApeCoin DAO on 16 March 2022 as a separate entity from Yuga Labs) and the Otherside metaverse. Of the large collections, BAYC has fallen furthest from its record: about 5.7 ETH now against 153.7 ETH in May 2022.
Pudgy Penguins
Pudgy Penguins is a collection of 8,888 ERC-721 NFTs on Ethereum, launched in mid-2021. Sources differ on whether that was June or July. Luca Netz's Netz Capital bought it in 2022 for 750 ETH, Decrypt reported. Its toy line shows best what the brand does outside the blockchain. In February 2024, a Pudgy Penguins spokesperson told Decrypt it had sold more than 750,000 toys, worth about $10 million, in less than a year, and that the line was expanding to 3,100 Walmart locations. Through the OverpassIP platform, holders can license their penguin's artwork and receive a royalty on toys sold. The PENGU token launched in December 2024.
The newest risk: Igloo is closing Abstract on 15 December 2026, so assets held on that chain have to be moved. The Ethereum NFTs themselves are not on Abstract.
Time left until 15 December 2026 · end of day UTC
Azuki
Chiru Labs launched Azuki and wrote ERC721A for Azuki's January 2022 sale. ERC721A is an open-source implementation of the ERC-721 standard that cuts gas costs when several NFTs are minted in one transaction. The related ANIME token launched on 23 January 2025 with a total supply of 10 billion. 37.5% of it went to holders of Azuki, Azuki Elementals and Beanz, Decrypt reported. The Azuki floor is now about 0.63 ETH, 98% below its April 2022 high.
NodeMonkes and Bitcoin Ordinals
NodeMonkes is the largest Bitcoin-based collection in CoinGecko's top 15, with a floor of about 0.023 BTC. Ordinals is "a numbering scheme for satoshis", according to the Ordinals handbook. An inscription attaches content to a single satoshi, and that content is "entirely on-chain, stored in taproot script-path spend scripts". In practice, these NFTs don't depend on an upgradeable smart contract. Trading has become harder since February 2026, when Magic Eden, a large multi-chain marketplace, stopped supporting Bitcoin-based assets.
Sorare
Sorare is a fantasy sports game in which officially licensed player cards are NFTs used to build teams for competitions. On 8 October 2024, it announced a move from StarkEx, an Ethereum layer 2, to Solana, and kept supporting Ethereum users. A card's value depends on its scarcity and on how the player performs in real life. No floor price for Sorare cards as a whole is given here: prices differ card by card.
Do the 2026 shutdowns touch your NFTs?
Answer four questions about where your NFTs and loans sit to see the nearest deadline that applies to you and what the article says to do about it.
Do you hold any assets on Blast, the layer-2 chain that is winding down?
- Yes → Nearest deadline: 26 October
- No → next question
Do you have an open loan on Blend, the peer-to-peer NFT lending product?
Do you hold assets on Abstract, Igloo's Ethereum layer-2 network?
Can you find at least one active marketplace on your collection's chain that your wallet supports?
- Yes → No announced shutdown deadline found here
- No or not sure → Check where you can still sell
Blast said on 2 October 2026 that users have until 26 October to withdraw through its normal interface. Withdraw before that date, then run through the remaining questions for your other holdings.
Blend stops matching new loans on 12 November 2026. Borrowers have to repay before then or let their loans default. Then check the remaining questions for your other holdings.
Igloo will shut down Abstract on 15 December 2026. Move your assets off Abstract through its Migration Hub or native bridge before that date. Pudgy Penguins NFTs on Ethereum are not on Abstract.
After the 2026 closures, fewer venues and thinner order books mean an exit can take longer, and the sale price may end up well below the listed floor. Look for an active marketplace on your collection's chain and confirm your wallet supports that chain.
None of the closures in this article applies to your answers. Before buying or selling, read the floor next to the volume: a listed floor with no buyers is not a price you can sell at. Take the contract address only from the project's own site or verified account.
This covers only the shutdowns named in the article and stops at your earliest deadline; it does not value your NFTs, check other chains or services, or say whether to buy, hold or sell.
How to check an NFT project before buying
- Check the contract address against the official source. Fake collections copy the art and names of popular projects. Take the contract address from the project's own website or verified account, not from a search result or a direct message.
- Read the floor next to the volume. A floor price means little if hardly anything trades. On 13 October 2026, Moonbirds turned over less than 4 ETH in a day, CryptoTicker reported. A listed floor with no buyers is not a price you can sell at.
- Check where the collection can still be traded. After the 2026 closures, look for at least one active marketplace on the collection's chain. Confirm that your wallet supports that chain.
- Check what you are actually buying. An NFT, a related token (APE, PENGU, ANIME) and a brand's products are separate things. PENGU gives no equity in Igloo and no share of brand revenue.
- Limit token approvals. Use a separate wallet for new mints and revoke approvals you no longer need. A malicious approval can drain an entire wallet.
Warning signs
- An anonymous team with no record you can check.
- A roadmap that keeps changing or promises only "future access".
- Social proof that comes only from paid promoters.
- Admin keys that can pause transfers or change the contract.
- Assets parked on a chain or service that has announced it is closing.
Questions and answers
What is an NFT floor price?
The lowest current asking price for any item in a collection. It is not the average sale price and does not show how many buyers are active.
Is the NFT market growing in 2026?
Not on the evidence available. CoinGecko lists about $1.62 billion in total market cap on 25 October 2026. In 2026 alone, Blur, Nifty Gateway and Abstract announced closures, and Magic Eden dropped Bitcoin and Ethereum-compatible NFTs.
Is any NFT a safe asset?
No. Even CryptoPunks, the most resilient large collection, was about 75% below its record floor on 13 October 2026. This article is not investment advice.
Limitations: prices come from a single source (CoinGecko) on a single date; several dated facts rest on press reports rather than company statements.
