The floor price of Bored Ape Yacht Club (BAYC) has demonstrated stability after doubling from its local bottom of approximately 4 ETH, currently trading between 8 and 10 ETH. The analyst notes that this sustained price action is a departure from previous volatile trends seen since 2022, suggesting the asset is a "potential sleeper" for patient investors. The accompanying chart shows a recovery trend starting in early May following a period of consolidation.