HomeLatest NewsEthereum slide drags NFT blue-chip floors near lows

Ethereum slide drags NFT blue-chip floors near lows

Posted: 7 June 2026, 11:33 CET 2 min read

Ether fell about 28% in 30 days to roughly $1,640, cutting dollar floors for CryptoPunks to ~$53,000, BAYC to ~$15,000 and Pudgy Penguins to ~$7,300.

Ether declined about 28% over the past 30 days to roughly $1,640, pushing dollar-denominated floor prices for major NFT collections sharply lower while ETH-denominated floors moved only modestly.

CoinGecko data places the CryptoPunks floor at 32.5 ETH, about $53,254, up from 31 ETH a month earlier in ETH terms but down roughly 29% in dollars from above $71,000. Bored Ape Yacht Club sits at 9.05 ETH, around $14,828, and Pudgy Penguins at 4.48 ETH, about $7,335.

Aggregated floor valuations across trackers now range between about $1.4 billion and $2.4 billion. CryptoPunks represents roughly 27% of that total. BAYC and Pudgy Penguins showed larger percentage drops in dollar terms than in ETH terms: dollar declines of about 39% and 42% versus ETH drops near 9.4% and 15%, respectively.

Trading activity has thinned. CoinGecko recorded almost no CryptoPunks sales in a recent 24-hour period, and daily volume across nearly 1,800 tracked collections totaled under $3 million.

The data provider NFT Price Floor announced it will shut down on June 30, citing insufficient funding. The team wrote: ‘NFT Price Floor is shutting down June 30. Not because it failed. Because nobody paid for the thing they used every single day.’

Ether’s fall has coincided with outflows from U.S. spot Ether funds. Market tallies show a 17-session streak of ETF outflows in May removed more than $401 million from those funds. Ether now trades about 67% below its August 2025 record of $4,946 and is down roughly 34% over the past year.

An NFT analyst and former Azuki researcher, wale.moca, wrote: ‘The price of ETH is the biggest vulnerability NFTs have. It’s cool when floor price is up 5 ETH but it’s meaningless if ETH/USD is down -30% in the meantime.’

Some projects have pursued partnerships and brand deals as trading activity slowed. Pudgy Penguins announced a partnership with Manchester City aimed at expanding mainstream exposure. BAYC’s floor has returned to levels seen when it dipped below 10 ETH.

Market watchers noted that Ether’s price movement in coming weeks will be an important factor for dollar-denominated floor values across top collections.