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Metaplex news
About Metaplex
Metaplex is a decentralized protocol for the creation, commerce and use of digital assets on the Solana blockchain. Metaplex provides utility programs like Packs, Fusion, “Entangled” and Encrypted NFTs. Programs like Gumdrop and Hydra facilitate the distribution of tokens.
The Metaplex protocol has four components.
1. The Digital Asset Standard defines the metadata structure for non-fungible tokens (NFTs), enabling interoperability across all participants in the Solana NFT ecosystem, including NFT projects, individual NFTs, wallets, marketplace, dApps, and other protocols.
2 The Metaplex Program Library (MPL) includes multiple infrastructural protocols providing on-chain functionality for the creation, sale, purchase or trading of NFTs.
3. Advanced Developer Tools and SDKs streamline working with Metaplex, abstracting away complexity that makes blockchain development inaccessible to many. This is a key reason Metaplex is the preferred starting point for many developers getting started in the Solana ecosystem.
4. MPLX is a utility and governance token for the Metaplex Protocol. Token holders steer the direction and evolution of the protocol through the Metaplex DAO, delivering on the promise of a decentralized and community-owned creator platform.
The live Metaplex price today is $0.300400 USD with a 24-hour trading volume of $1,012,211 USD. We update our MPLX to USD price in real-time. Metaplex is down 6.17% in the last 24 hours. The current CoinMarketCap ranking is #542, with a live market cap of $74,723,025 USD. It has a circulating supply of 248,745,041 MPLX coins and a max. supply of 1,000,000,000 MPLX coins.
If you would like to know where to buy Metaplex at the current rate, the top cryptocurrency exchanges for trading in Metaplex stock are currently Bybit, CoinW, Bitrue, HTX, and Gate.io. You can find others listed on our crypto exchanges page.