The Market Pulse is our weekly positioning snapshot — where organic volume sat, which blue-chip floors moved, and which collections led. It covers the week of Aug 24–30, 2026.
Headline: $40.88M in organic sales (−44.7% w/w), with buyer addresses up 30.5% to 206,788.
1. Blue-Chip Floor Movers
NeoDrop briefing, data cutoff Aug 28, 2026 09:00 ET; changes measured against the Aug 21 OpenSea snapshot. Floors quoted in ETH and USD.
| Collection | Floor (Aug 28) | Floor (Aug 21) | Change | Floor (USD) |
|---|---|---|---|---|
| Pudgy Penguins | 4.29 ETH | 3.83 ETH | +12.0% | $10,792 |
| Doodles | 0.3829 ETH | 0.37 ETH | +3.5% | $963 |
| Azuki | 0.87 ETH | 0.844 ETH | +3.1% | $2,189 |
| CryptoPunks | 31.98 ETH | 32.41 ETH | -1.3% | $80,451 |
| Bored Ape Yacht Club | 7.899 ETH | 8.1487 ETH | -3.1% | $19,871 |
2. Organic Volume by Chain
| Chain | Organic sales | Share of organic | W/W |
|---|---|---|---|
| Ethereum | $17.08M | 41.8% | -42.0% |
| Polygon | $8.21M | 20.1% | +12.9% |
| Bitcoin | $3.83M | 9.4% | -25.6% |
| Base | $2.25M | 5.5% | -22.0% |
| BNB Chain | $2.16M | 5.3% | -19.0% |
| Immutable | $2.12M | 5.2% | -12.7% |
| Solana | $1.95M | 4.8% | +2.0% |
Shares are computed on organic volume only ($40.88M total). Polygon's 20.1% share understates its on-chain footprint because $22.98M of wash volume is excluded here — see the wash-trading section of the Weekly Intelligence briefing.
3. Top Collections
| Collection | Chain | Sales | Transactions |
|---|---|---|---|
| Courtyard | Polygon | $7.31M | 125,802 |
| Credits | Ethereum | $2.22M | 36,660 |
| CryptoPunks | Ethereum | $1.97M | 21 |
| Panini America | Panini | $1.87M | 20,622 |
| $ATMC BRC-20 | Bitcoin | $1.21M | 1,160 |
Two concentration warnings before quoting these figures: $X@AGI's $2.58M came from 3 transactions (3 buyers, 3 sellers), and Beezie's $1.88M across 11,186 transactions involved only 9 buyer addresses against 225 sellers.
4. Implied Market Cap (five published floors)
| Collection | Supply | Floor | Floor (USD) | Implied cap |
|---|---|---|---|---|
| CryptoPunks | 10,000 | 31.98 ETH | $80,451 | $804.5M |
| Bored Ape Yacht Club | 10,000 | 7.899 ETH | $19,871 | $198.7M |
| Pudgy Penguins | 8,888 | 4.29 ETH | $10,792 | $95.9M |
| Azuki | 10,000 | 0.87 ETH | $2,189 | $21.9M |
| Doodles | 10,000 | 0.3829 ETH | $963 | $9.6M |
An upper bound, not a valuation: it assumes the entire supply could clear at the floor. Only the five collections with published Aug 28 floors are included — collections without a dated floor snapshot are excluded rather than estimated.
- Organic sales $40.88M (−44.7% w/w).
- Pudgy Penguins led floor gains at +12.0%; Bored Ape Yacht Club led declines at -3.1%.
- Ethereum $17.08M of organic volume (~56%); Solana the only major chain growing.
- CryptoPunks implied cap $805M on a 31.98 ETH floor.
Frequently Asked Questions
What is the NFT Market Pulse?
A weekly snapshot of the cross-chain NFT market: blue-chip floor movers, organic volume by chain, top collections and implied market caps, published every Monday.
Why are only five collections in the floor table?
Because only five had a precisely dated Aug 28 floor snapshot we could cite (NeoDrop briefing, cutoff Aug 28 09:00 ET). Collections without a dated snapshot are excluded rather than estimated.
How is implied market cap calculated?
Floor price in ETH × circulating supply × the Aug 28 ETH price ($2,515.68). It is an upper bound on collection value, not a mark-to-market valuation.
Does the chain volume table include wash trading?
No — the table reports organic volume only. Wash figures are reported separately in the Weekly Intelligence briefing, because on Polygon this week wash exceeded organic by 2.59×.