Metaplex (MPLX) Token Surges 30% This Week, Defying Wider Crypto Market Doldrums
The native token for a Solana (SOL)-based non-fungible token (NFT) platform surged by nearly 30% this week, defying the wider crypto market
output: A non-fungible token (NFT) platform on Solana (SOL) saw its native token surge by almost 30% this week, even as the broader crypto market remained largely flat.
Metaplex (MPLX), which aims to facilitate the creation, sale and management of NFTs, clocked price gains this week after it drew attention to its swelling on-chain activity.
According to the project on the social media platform X, 834,000 unique wallets directly signed transactions with its protocol in May, its highest month of all time.
Additionally, Metaplex notes that last month, 3.1 million new wallets collected a digital asset created through the project.
Metaplex has also registered a notable amount of development activity recently. On Wednesday, the crypto analytics platform Santiment ranked the project third among all NFT-related protocols in terms of its number of notable GitHub events in the past 30 days.
Metaplex clocked 23.07 GitHub events, behind the layer-1 permissionless blockchain Flow (FLOW) and the Ethereum (ETH)-based virtual reality platform Decentraland (MANA).
Santiment notes that it doesn’t count routine updates and that it uses a superior methodology to collect data for GitHub events based on a backtested process.
MPLX, Metaplex’s native token, is trading at $0.342, up from $0.264 one week ago. The 294th-ranked crypto asset did start to backtrack on Friday, dropping more than 5% in 24 hours.
News source:https://www.kdj.com/cryptocurrencies-news/articles/metaplex-mplx-token-surges-week-defying-wider-crypto-market-doldrums.html
The above is the detailed content of Metaplex (MPLX) Token Surges 30% This Week, Defying Wider Crypto Market Doldrums. For more information, please follow other related articles on the PHP Chinese website!

Bitcoin is now trading above the $94,000 level, showing strong momentum after a sharp recovery from recent lows.

Bitcoin is now trading above the $94,000 level, showing strong momentum after a sharp recovery from recent lows.

The cryptocurrency market offers numerous investment opportunities, with Dogecoin (DOGE) and Shiba Inu (SHIB) being popular options among meme coins.

Bitcoin's trajectory has captured the imagination of investors, with ARK Invest's latest research update painting a transformative picture for the cryptocurrency's future.

Jed McCaleb's 2014 departure from Ripple sparked rumors, but was likely part of a strategy.

What if the next meme coin to make serious waves isn't trending yet, but hiding in the shadows of Telegram chats and crypto Twitter threads?

A clear underdog coming into the series thanks to injuries to Miro Heiskanen and Jason Robertson

The virtual currency market continues to display impressive recovery, with alternative cryptocurrencies gaining ground, driven by Bitcoin's recent resurgence.

Hot AI Tools

Undresser.AI Undress
AI-powered app for creating realistic nude photos

AI Clothes Remover
Online AI tool for removing clothes from photos.

Undress AI Tool
Undress images for free

Clothoff.io
AI clothes remover

Video Face Swap
Swap faces in any video effortlessly with our completely free AI face swap tool!

Hot Article

Hot Tools

DVWA
Damn Vulnerable Web App (DVWA) is a PHP/MySQL web application that is very vulnerable. Its main goals are to be an aid for security professionals to test their skills and tools in a legal environment, to help web developers better understand the process of securing web applications, and to help teachers/students teach/learn in a classroom environment Web application security. The goal of DVWA is to practice some of the most common web vulnerabilities through a simple and straightforward interface, with varying degrees of difficulty. Please note that this software

EditPlus Chinese cracked version
Small size, syntax highlighting, does not support code prompt function

MinGW - Minimalist GNU for Windows
This project is in the process of being migrated to osdn.net/projects/mingw, you can continue to follow us there. MinGW: A native Windows port of the GNU Compiler Collection (GCC), freely distributable import libraries and header files for building native Windows applications; includes extensions to the MSVC runtime to support C99 functionality. All MinGW software can run on 64-bit Windows platforms.

SecLists
SecLists is the ultimate security tester's companion. It is a collection of various types of lists that are frequently used during security assessments, all in one place. SecLists helps make security testing more efficient and productive by conveniently providing all the lists a security tester might need. List types include usernames, passwords, URLs, fuzzing payloads, sensitive data patterns, web shells, and more. The tester can simply pull this repository onto a new test machine and he will have access to every type of list he needs.

Notepad++7.3.1
Easy-to-use and free code editor
