Yuga Labs just sold the IP rights of the CryptoPunks NFT collection to the Infinite Node Foundation (NODE), causing CP’s floor price to spike significantly. NODE plans to permanently exhibit the collection as an example of digital art’s history. CryptoPunks is one of the largest NFT collections on Ethereum’s blockchain, and this hype may increase its network activity. ETH is resurgent after the long-awaited Pectra upgrade, and this deal could potentially contribute to this forward momentum
source: https://beincrypto.com/yuga-labs-sells-cryptopunks-nft-to-node-foundation/