NFT market sees renewed cross-chain activity as CryptoPunks, Boogles and zkSnarks draw volume

  • CryptoPunks, Boogles and zkSnarks recorded substantial activity across three blockchains.
  • 40 CryptoPunks generated 1,309 ETH, worth approximately $3.58 million, before September 22.
  • zkSnarks sold 8,000 NFTs at 1.5 ZEC each through a blind auction around September 18.

NFT trading activity intensified across Ethereum, Solana and Zcash, with established collections and a newly launched privacy-focused project drawing significant volume. In the week leading up to September 22, 40 CryptoPunks changed hands for 1,309 ETH, worth about $3.58 million, representing 40% of the collection’s monthly trading volume. Solana’s 1/1 Boogles collection recorded 10 September sales totaling 8,700 SOL, valued at more than $1 million, with participants including WhiteWhale and FOMO co-founder Se Yong Park. On Zcash, the 10,000-item zkSnarks collection sold 8,000 NFTs through a blind auction around September 18 at 1.5 ZEC each, while secondary trading soon exceeded 5,000 ZEC. Reports differ on the auction’s dollar total: the new account puts proceeds at roughly $17 million, while earlier figures recorded $36.94 million in submitted bids, $19.43 million allocated for refunds or excess bids, and 12,000 ZEC in completed sales. Aurora Intents processed more than $19 million through 1,718 cross-chain swaps, converting assets including USDC, ETH, BTC, SOL and BNB into ZEC. The project reserved 1,000 NFTs for its team and treasury and applies a 5% secondary-sale royalty; its privacy pitch uses Zcash’s zero-knowledge proof technology, while critics have questioned its practical utility and retained funds.

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