NFT Market Shrinks 83% in 5 Years. CryptoPunks Now Own 38%

In October 2021 the top-100 NFT collections were worth $12.19B. By 2023 they were down to $3.05B, and today they are worth $2.10B, 83% less.

CryptoPunks fell too, from $3.78B to $789M, but their share grew from 31% to 37.6%. Since 2023 their market cap has even risen, while the market lost another 31%.

Generative art held on: Autoglyphs and Chromie Squiggle made the top 10 in all three snapshots. Autoglyphs barely trades, so its floor is just an ask.

State of the NFT Market 👉 cryptodiffer.com/feed/project-updates/nft-market-2026-marketplaces-survival