The decline in monthly NFT marketplace volume that began this spring continued into July.
As of July 30, the latest monthly volume for NFT marketplaces was $626.11 million. Last month, such marketplaces brought in $884.68 million in volume.
OpenSea continues to be the market leader, producing $484.79 million of July's monthly volume. The Solana-based Magic Eden saw roughly $81 million in monthly volume during the same period.