On February 22nd, according to Blur data, the floor price of the NFT project Bored Ape Yacht Club (BAYC) has seen a daily increase of 5.30%, currently priced at 22.85 ETH. Earlier today, Greg Solano, co-founder of Yuga Labs, announced in a post that he will be reassuming the position of CEO at Yuga Labs. Additionally, a new company called "BAYC LLC" has been established as a subsidiary of Yuga, which will be responsible for all BAYC-related matters. In the future, Greg aims to empower the BAYC team within Yuga Labs, allowing them to execute their vision with more focus and flexibility.