- Metaplex Foundation announced the Metaplex Aura Network on September 23, 2024.
- Aura is a decentralized indexing and data availability platform designed to extend the Solana and Solana Virtual Machine networks.
- The MPLX price rose 12% amid the news and the general rise of the crypto market.
The Metaplex Foundation, the nonprofit organization that supports the Metaplex Protocol, has announced a new decentralized indexing and data availability layer for Solana (SOL).
Metaplex Aura Network is the new platform that Metaplex Foundation introduced on September 23, showing that the new platform complements the Solana Virtual Machine and the Metaplex Program Library with a decentralized network for real-time data availability.
1/ Introducing Metaplex Aura, a decentralized indexing and data availability network for @solana and the SVM, powered by $MPLX.
SVM + MPL + Aura = the full stack for decentralized applications
Learn more
pic.twitter.com/AvoyggawKj
— Metaplex
(@metaplex) September 23, 2024
The Aura Network enables Metaplex to extend its developer solution, giving builders access to three key network components: data availability, multi-program indexing, and elastic state management. Important advantages are flexibility, optimization and scalability.
Native Metaplex token MPLX will power the Aura nodes.
Metaplex took a community approach to its launch
According to details in a blog post, the Metaplex Foundation has taken a “community-driven approach” in bringing the Metaplex Aura Network to market. This included involving Solana and SVM developers, who provided feedback and gave the Metaplex team the opportunity to explore early implementations.
Additionally, more than 25 unique projects participated in the rollout, from NFT marketplaces, game development, infrastructure providers and launch pads to makers and SVM layer 2 networks. Metaplex will open source the code of the Aura platform so that developers from around the world can contribute and benefit from the available tools and protocols.
MPLX, which was trading at almost $0.36 early Monday, rose more than 12% with 24 gains. These gains pushed the token’s price above $0.42. Daily volume rose 87% to over $2.8 million on buy-side pressure catalyzed by broader market gains.
The overall upward momentum had pushed the Aave price to a two-year high in early trading. Arkham also peaked when AI tokens soared.