NFT transaction volume reached 530 million US dollars in July, with an average price doubling

According to DappRadar data, the NFT transaction volume in July reached 530 million US dollars, an increase of 96% compared to the previous month, but the total transaction volume decreased by 4%, with only 5 million NFTs changing hands. The average selling price has doubled from $52 in June to $105. OpenSea continues to lead the market with approximately 27000 daily active traders.