The non-fungible token (NFT) market has returned with a vengeance! Sales volume jumped by a whopping 10.69%, reaching a new high at nearly $115 million. In particular, Ethereum is leading the charge, experiencing a record sales surge and booming market activity. This increase can be attributed to a wide recovery across the crypto space, with the worldwide crypto market capitalization now reaching $3.33 trillion.

Ethereum’s NFT sales volume week-over-week increased by a remarkable 54.17%, reaching $37.5 million. This growth comes alongside a 35% rebound from Ethereum’s price, which is currently sitting just below the $2,400 threshold.

DMarket rounded out the Top 3 with $10.5 million in sales, a solid 4.59% increase. Sitting in second overall once again, Polygon saw a relatively sharp 8.08% drop in sales, to $19.1 million. Sales numbers plummeted across the board, but Polygon’s collection was a runaway success. Transaction volume jumped up by 18.52%, with buyers up as much as 83.33% and sellers up by 15.79%. The number of sellers in the collection has decreased by 42.18%.

Mythos Chain was in the third position with $15.6 million in sales. Bitcoin took the fourth with $14 million. It was up 4.65% over last week at this writing, as its price recovered to the $103,000 mark. Solana completes the five with $7.9 million. Taking third place was Solana at 86.51% and fourth was Mythos Chain 76.68%.

Despite this ongoing recovery in the NFT market, some alarming trends persist. Ethereum’s wash trading is up 50.24% to $4.9 million. The total cryptocurrency market capitalization worldwide is currently $3.33 trillion, an increase compared with the $3 trillion from last week.