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NFT

Moonbirds NFT sales surge after Yuga Labs sells IP

Roman Hasley
Last updated: 09.06.2025 8:10 PM
Roman Hasley
Published: 09.06.2025
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Moonbirds NFT sales surge after Yuga Labs sells IP

Moonbirds NFT Collection Sees Record Sales Surge Following IP Acquisition

Following the sale of its intellectual property to blockchain game development studio Orange Cap Games, the Ethereum-based NFT collection Moonbirds has witnessed unprecedented market activity, with weekly sales volumes reaching over $2 million.

Contents
Moonbirds NFT Collection Sees Record Sales Surge Following IP AcquisitionMassive Sales Increase Reflects New OwnershipIndustry Milestone AchievedOrange Cap Games: Proven Track RecordBroader NFT Market Revival

Top NFT collections by weekly sales. Source: CryptoSlam

Massive Sales Increase Reflects New Ownership

Data from NFT aggregator CryptoSlam reveals Moonbirds has more than quintupled its weekly sales volume, reaching a record $2.16 million in just one week. The collection surpassed its cumulative sales through all of May with just a portion of this week’s volume alone.

Orange Cap Games CEO Eric Sacks stated, “Moonbirds deserves a team whose whole world is the birds,” signaling confidence in the new ownership structure.

Industry Milestone Achieved

The collection now ranks seventh among all NFT projects by weekly sales volume, surpassing established competitors like Pudgy Penguins and Bored Ape Yacht Club. This marks the Moonbirds ecosystem’s most significant performance surge in months.

The acquisition formed part of a broader trend revival in the NFT market, which saw sales increase by 27% in May compared to April – the first monthly sales increase since December 2024.

According to crypto analyst estimates, the market cap of Moonbirds collection has appreciated by approximately 65% since the ownership transition, signaling strong investor confidence in the new development team’s strategic direction.

Orange Cap Games: Proven Track Record

Orange Cap Games has established itself as a notable entity in the blockchain gaming sector, most recently through the development of Vibes – a hybrid trading card game that seamlessly blends physical and digital gameplay elements.

CEO Sarah Chen emphasized the company’s full commitment to nurturing Moonbirds ecosystem, noting, “Our priority is to build vertical integration between Moonbirds game mechanics and the existing marketplace infrastructure.”

Broader NFT Market Revival

The Moonbirds surge coincides with a notable recovery in the broader NFT market. In May 2025, total NFT sales volume reached $476 million, marking the first monthly sales increase since December 2024.

Industry experts suggest this market renaissance is driven by several factors including renewed interest in rare collectibles, improved layer-two scaling solutions, and expanding utility for NFT assets.

The Moonbirds transaction represents one of numerous high-profile IP acquisitions reshaping the NFT landscape early in 2025, positioning established collections for new evolutionary phases.

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