Backpack, the team behind the successful Mad Lads NFT collection, has teased a new project set to be revealed this Friday, causing a spike in Mad Lads' price.
Backpack's Announcement
On March 18, Backpack teased a new NFT project. In the teaser, the company stated, "The seasons are coming." The project is expected to be revealed on March 21, 2025. Could it be a new NFT game or another NFT collection?
Mad Lads Price Surge
The Mad Lads NFT floor price has surged sharply in response to the new project announcement. On March 18, 2025, the price jumped from 49 SOL to 55 SOL. At the time of publishing, the price is consolidating around 49 SOL.
Background on Backpack and Mad Lads
Founded in 2022, Backpack, formerly known as Coral, developed a Solana framework. Led by Armani Ferrante and Tristan Yver, the company launched Mad Lads in April 2023, a collection hosted on the Ethereum blockchain.
The crypto and NFT communities eagerly await more news from Backpack on Friday, hoping for exciting new developments.
