ON-365: Onchain Culture Part 1 π
Coverage on Story, CryptoPunks, POAPs, and Telegram Stickers
Aug 26, 2025


π Editor's Note:
Welcome to OurNetworkβs latest, a dive into some of the leading projects pushing onchain culture forward.
Leading off this issue, we have Rafi covering Story the IP-focused Layer 1. Next, Seoul Data Labs, chipping in to cover the seemingly indefatigable demand for CryptoPunks. Alex follows with the latest on POAPs, cryptoβs signature event badge project. Finally, Tim covers Telegram Stickers, which have garnered attention from Pudgy Penguins and major NFT communities.
Be on the lookout for part two, which comes out on Friday!
Letβs get into it.
β ON Editorial Team

Story | CryptoPunks | POAPs | Telegram Stickers


π The Negative Sentiment Surrounding the Departure of Jason Zhao, Story Founder, Differs from the Continued Adoption of the Project
- Story is an EVM-compatible Layer 1 blockchain that provides infrastructure for IP management. It empowers artists, musicians, and creators to monetize and protect their work, tackling the opacity and exploitation in traditional royalty systems. Boasting a robust $1.7B market cap with its IP token trading above $5 for 30 days, Story signals strong investor and societal confidence, highlighting the urgent need for transparent IP solutions.

- As of July 31, 2025, the Story network's stablecoin supply reached $8M, with DeFi TVL surging to $22M. The stablecoin supply primarily consists of USDC.e, bridged via Stargate, demonstrating growing adoption and liquidity in the ecosystem.

- Story's mainnet launched on Feb. 13, 2025, with 600k active addresses in its first month. New account creation dropped from 500k in February to 24k by August. Since its launch, active accounts have stabilized above 100k, demonstrating steady adoption.


π₯ Seoul Data Labs | Website | Dashboard
- CryptoPunks, the original 10k NFT collection on Ethereum, continue to be a cornerstone of the NFT market. In 2025, the 30-day moving average sale price has climbed 45% from 42.7 ETH to 61.9 ETH, while USD prices are up over 53% alongside ETHβs appreciation. A standout sale of Alien Punk #3100 for 4,000 ETH in April briefly skewed averages, but overall momentum highlights renewed conviction in CryptoPunks as one of the most sought-after original NFTs.

- In parallel with rising sales prices, trading activity has accelerated. The 30-day rolling trade count has grown over 74.8% year-to-date, despite trending lower through mid-July. From that point onward, activity surged sharply, signaling growing momentum around CryptoPunks.

- Over their lifetime, CryptoPunks have generated more than 1.25M ETH in trading volume, equivalent to roughly $3.25B. This scale both cements their historical significance and reinforces their continued dominance as one of the top NFT collections.

π¦
Transaction Spotlight:
In April 2025, the wallet 0x07 purchased one of only nine Alien Punks for 4,000 ETH, marking the highest Punk sale of the year.
In April 2025, the wallet 0x07 purchased one of only nine Alien Punks for 4,000 ETH, marking the highest Punk sale of the year.

- The Proof of Attendance Protocol (POAP) lets communities mint NFT badges as proof of participation in events, both digital and physical. Since 2019, more than 7.4M POAPs have been minted across 97k collections, claimed by over 1.4M unique holders. What began as a hackathon experiment has grown into one of the largest cultural datasets onchain, recording memories, communities, and collective history in a verifiable format.

- POAPs launched on Ethereum in 2019 and shifted almost entirely to Gnosis in 2020, before expanding to Layer 2s in 2024. As of August 2025, Gnosis still dominates with 81% of mints, but Base (9.2%), Mantle (4.4%), and Unichain (2.6%) show usage is broadening across new ecosystems.

- POAP collections peaked at 7.3k in Oct 2022, but have fallen to under 1k per month by Aug 2025 β an 86% drop. Still, POAPs remain cultural infrastructure: they are a standard feature at major crypto conferences, ensuring that participation continues to be recorded onchain.


π₯ Etimfon Bassey Ikpong | Website | Dashboard
- Telegram Stickers are tokenized images or animations. Based on market capitalization, the Pudgy Penguins collection is the most valuable, having hit $4.4M. The DOGS OG sticker collection is next most valuable at $3.9M and the Bored Ape Yacht Club collection ranks third at $1.2M as of Aug. 24. The market capitalization for DOGS OG is also dependent on the number of burns of stickers in this collection. Its collection has over 1,000 stickers burnt, the highest number of burns compared to any other collection.

- The most valued Telegram Sticker at the moment is the 'Gold Bone' sticker in the DOGS Rewards collection which is currently priced at $2,499. The 'Tyler Mode: ON' sticker has more volume, indicating more trades and attention.

- MRKT and PalaceNFT marketplaces leads in number of sticker sales compared to other marketplaces. MRKT has also processed the top three most valuable sticker transactions.

