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The non-fungible token market, once remembered for dominating headlines for drawing billions in investment, has started attracting back crypto investors after experiencing several years of downturn. Over the weekend, a non-fungible token investor acquired a Bored Ape NFT for more than +$2.3 million. This notable sale signified that investors are still willing to invest in the NFT sector.
Bored Ape NFT Sells For $2.3M
Data compiled by cryptoslam, an on-chain crypto market data aggregator and non-fungible token explorer that gathers information from over 20 blockchain networks, shows that a crypto investor bought a Bored Ape Yacht Club #7,940 NFT collection over the weekend. The Bored Ape #7940 NFT series was purchased on Friday, August 01, for $2,348,509. This NFT collection became the most expensive sold last week.
🚀 NFT fever is back! 🔥 Check out the TOP NFT sales!
1. Bored Ape Yacht Club #7940 – 666 WETH ($2.34M) 🐒 2. CryptoPunk #1563 – 544.2 ETH ($1.91M) 😎 3. CryptoPunk #4668 – 250 ETH ($906.2K) 👓
🔥 The market’s booming—join the hype at https://t.co/lSu22sCkXw! pic.twitter.com/aPx7YQ50u1
— X721 Marketplace (@NFT_X721) August 4, 2025
Launched in 2021, Bored Ape Yacht Club is a globally acknowledged non-fungible token series from the digital asset incubation studio Yuga Labs, featuring a fixed supply of 10,000 ape NFTs hosted on the Ethereum blockchain network. These NFTs, featuring cartoon apes with various traits and accessories, grant NFT holders access to an exclusive online community and perks like exclusive events and derivative NFT collections.
The Bored Ape Yacht Club NFT collection gained significant fame in 2021 due to a combination of factors, including the broader NFT boom, the unique and quirky design of the apes, the sense of exclusivity and community they offered, and the high-profile endorsements they received at the time. The recent sale shows that the NFT market is showing signs of a rebound and is finding its footing again after a period of decline.
NFTs Hit +$140M In Weekly Sales Volume
Data analysis indicates that the NFT market has continued to flourish in recent days. In the past seven days, the NFT market has amassed +$140 million in trading sales volume. This notable sale was largely contributed to by CryptoPunks, with over $18 million trading sales volume, Courtyard, with $11 million, and Bored Ape Yacht Club NFT collection, with +$5.8 million. DMarket and Pudgy Penguins NFT collection topped in trading sales volume this past week.
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