The Bored Ape Yacht Club floor has climbed past 18 ETH this week, marking a 42 percent rebound from its monthly low. Volume across OpenSea and Blur tells the same story, with bidding wars returning for rare traits. Analysts point to a confluence of factors: macro relief on rate cuts, renewed Yuga Labs roadmap activity, and a fresh round of celebrity holders rotating back in. Whether this is the start of a sustained recovery or a short squeeze remains to be seen, but the energy in NFT trading channels has not felt like this since 2022.