26 October 2026
The PNKSTR premium rose 27% this week, all of it on one day
Update, 27 October: the premium closed 26 October at 3.70x, down 15.0% in one day, giving back 61% of the 25 October jump. PNKSTR volume was $220K that day, half the $441K of 25 October. Most of the one-day move did not hold.
The PNKSTR premium closed at 4.35x on 25 October, up 27.3% from 3.42x a week earlier, and the whole move happened in a single day. On 24 October it was 3.28x. The CryptoPunks floor moved 0.1% over the same week.
The week in numbers
| 18 October | 25 October | Change | |
|---|---|---|---|
| CryptoPunks floor | 30.65 ETH | 30.69 ETH | +0.1% |
| PNKSTR premium | 3.42x | 4.35x | +27.3% |
| PNKSTR market cap | $9.30M | $11.69M | +25.7% |
| Treasury value | $2.72M | $2.69M | -1.3% |
| Treasury value in ETH | 1,133.1 | 1,139.7 | +0.6% |
| Punks held | 36 | 37 | +1 |
| ETH price | $2,400 | $2,357 | -1.8% |
The premium is the PNKSTR market cap divided by the treasury's value: the punks it holds at the floor, plus its unallocated ETH.
One day did the work
From Monday 19 October to Saturday 24 October the premium stayed between 3.23x and 3.46x. On Sunday 25 October it closed at 4.35x, a rise of 32.7% in one day. The market cap rose 31.3% that day, from $8.91M to $11.69M, and the token price rose by the same 31.3%.
PNKSTR's trading volume on 25 October was $441,000. The median day over the previous 30 days was $53,000, so the day traded about eight times the usual amount. It was the highest daily volume since 25 September.
4.35x is the highest close since 3 October, when the premium was 4.47x. It reverses most of the slide from 4.57x on 2 October to the 3.2x to 3.5x range of the past two weeks.
Still inside its band
Measured on a log scale over 90 days, as on /premium, the premium's average on 25 October was 3.00x and its 2-sigma band ran from 1.91x to 4.72x. The close of 4.35x sat 1.65 standard deviations above the average, up from 0.62 a week earlier. So the jump was large against the week before it, but not unusual against the past three months, which include a 4.79x close on 26 September.
The treasury bought a punk
On 19 October the treasury bought Punk #1930, taking it from 36 punks to 37. Its unallocated ETH went from 29.72 on 18 October to 0.0002 on 19 October, and had rebuilt to 4.14 by 25 October. Measured in ETH, the treasury grew 0.6% over the week. In dollars it fell 1.3%, because ETH fell 1.8%.
The floor: flat, with more asks
The floor closed at 30.65 ETH on 18 October and 30.69 ETH on 25 October, with a high of 31.27 ETH on 20 October. All of it sits inside the 90-day range of 29.38 to 34.00 ETH. Open asks on the contract rose from 1,157 to 1,171. On 24 October there were 1,174, the most since 4 February 2026.
What this does and does not say
The premium moved because the token moved. The treasury's assets were about level in ETH, so the 27% came from the market cap side of the ratio. A one-day jump on heavy volume says that a lot of PNKSTR changed hands at higher prices on that day. It does not say whether the level holds: 26 October is not yet a locked day in our data, and these figures use locked days only. It also says nothing about what either the token or the punks should be worth.
All figures are daily closes from our public data and can be recomputed from it.
- Premium chart with the 90-day bands: punkprice.com/premium
- Floor chart and downloads: punkprice.com/data