Ethereum's on-chain NFT transaction volume and pledge income generally fell in July, with the NFT transaction volume dropping nearly 50%

According to data from TheBlock Pro, the Ethereum network destroyed a total of 17,114 ETH in July, equivalent to $56.4 million. The data shows that since the implementation of EIP-1559 in early August 2021, Ethereum has destroyed approximately 4.35 million ETH, worth about $12.3 billion. In July, the transaction volume of the NFT market on the Ethereum chain continued to decline significantly by 49.6%, further dropping to about $140.3 million. In addition, Bitcoin miner income reached $950.2 million in July, a slight decrease of 1.2%, while Ethereum staking income also fell by 6.6% to $270.2 million.