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Metaplex Foundation announced the launch of Aura Network, Metaplex (MPLX) rose more than 20% in 24 hours
2024-09-24 05:48
Odaily News According to official news, the Metaplex Foundation announced the launch of the Metaplex Aura network, a decentralized indexing and data availability network designed for Solana and the Solana Virtual Machine (SVM). The network aims to solve the efficiency, cost and speed problems faced by decentralized applications in reading and displaying blockchain data. The Aura network is driven by the MPLX token, and network nodes can process read requests from public gateways and obtain operational rights for elastic state management on the SVM. This innovative state management mechanism enables developers to integrate minting transactions to batch create millions of compressed state assets with 99% lower transaction volume, while the Aura node provides the necessary data availability (DA) support to ensure the reliability of state transitions. Perhaps affected by this news, Metaplex (MPLX) rose to $0.4981, and now fell back to $0.4677, a 24H increase of 23%.