July 11th, 2024
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452k new fungible tokens created through Metaplex, the second highest month of all-time
657k monthly unique signers
2.2 million new wallets collected a digital asset created through Metaplex
New Core integrations including Magic Eden and Backpack
MPLX token purchases kicked off, with 10,000 SOL of Metaplex Protocol fees being used to purchase 3.8 million MPLX, which was contributed to the Metaplex DAO
In June, creators and developers minted 30 million digital assets through Metaplex.
There were 867k Token Metadata assets created this month, driven by a surge in fungible tokens created with Metaplex. This represented 52% of all Token Metadata assets created in June. Through Token Metadata, Metaplex manages the metadata for most fungible tokens on Solana.
29 million compressed NFTs were minted this month along with 46k Core assets, a 126% increase month-over-month for Metaplex’s latest digital asset standard.
657k unique wallets directly signed transactions with the protocol in June.
There were 33 million unique transactions signed this month.
In June, Metaplex was the third largest Solana protocol based on transactions and the fourth largest protocol based on active wallets.
As of June, the total number of Metaplex collectors reached 55 million unique wallets, an increase of 2.2 million wallets month-over-month.
June has been a milestone month for Core, surpassing 130,000 digital assets minted and countless new features shipped, including five new plugins, as well as several integrations within the ecosystem.
The AppData and LinkedAppData external plugins were released to devnet, two plugins that are a game-changer for digital assets. Developers and creators can now write custom data directly to assets or entire collections, which opens up use cases not possible before like loyalty programs, on-chain subscriptions, or game points stored directly on assets without the need for complex programs or setups. These plugins simplify development and boost security by enabling dynamic interactions with dApps, games, and marketplaces.
The Verified Creator and Autograph plugins with DAS support were deployed to mainnet, enhancing the on-chain digital asset experience. The Verified Creator Plugin adds trust and authenticity by allowing creators to sign their assets, while the Autograph Plugin enables owners to leave custom messages on their assets.
Additionally, the Update Delegate Plugin is now live on devnet, adding flexibility and simplifying the management of Core assets and collections. By delegating update control to a third party, this plugin is ideal for scenarios such as games needing to level up or change asset attributes stored in the wallets of players.
Core Candy Machine received a major upgrade with five new guards, including but not limited to Asset Payment, Asset Burn, and Asset Mint Limit, to supercharge and secure the minting experience.
Guides on immutability and the Oracle Plugin were released, along with a short video explaining the Oracle Plugin and a UI walkthrough on setting up the plugin.
Backpack and Magic Eden announced full support for Core digital assets, further expanding the Core ecosystem.
In June, the first hybrids using MPL-404 were launched, marking a significant step forward for hybrid DeFi on Solana. MPL-404 reshapes digital assets by integrating fungible and non-fungible assets into a unified framework.
In collaboration with Mutant Labs, pioneers in the hybrid ecosystem, and building upon SPL-404, MPL-hybrid has been added to the Metaplex Program Library and open-sourced.
Powered by the new MPL-hybrid swap program, MPL-404 will support various non-fungible and fungible standards on Solana, allowing easy exchanges between assets and creating new opportunities for liquidity and engagement.
Currently in alpha, MPL-404 supports the exchange of Core digital assets and SPL fungible tokens. Additional standards integrations, developer documentation, and new features are on the horizon.
Metaplex developer, Blockiosaurus, published a blog post about managing memory in Solana programs. The post addresses new breaking changes in solana-program 1.18 that cause stack overflows more frequently, providing a refresher on how memory works in Solana programs and strategies to mitigate these issues.
In June, 10,000 SOL was used to purchase 3.8 million MPLX that was contributed to the Metaplex DAO treasury. This included 50% of the Metaplex Protocol's May fees (4,490 SOL) and an initial small portion of the historical fees (5,510 SOL) generated from June 2023 through April 2024 (hereafter referred to as the "Historical Fees").
This marks the first MPLX contribution to the Metaplex DAO. As previously announced, 50% of the Metaplex Protocol’s historical and monthly fees will be used to purchase MPLX that is contributed to the Metaplex DAO with the goal of supporting decentralization and community governance.
In June, the Protocol generated 8,735 SOL in fees.
NMKR Proposal Declined
A recent DAO proposal aimed at integrating Solana minting into NMKR Studio & NMKR Pay using Metaplex Core has been declined. The integration would have brought NMKR's NFT tooling infrastructure from the Cardano blockchain to the Solana ecosystem, and was aimed at increasing NMKR’s user base.
MagicBlock announced Solana Speedrun 3 with Metaplex sponsoring a Special Track for games created with Core. In June, a series of workshops and livestreams kicked off demonstrating how to create an idle game using Core. These sessions were designed to help participants integrate Core into their games and hackathon submissions, showcasing the power and versatility of the new standard.
The Metaplex team arrived at IslandDAO, a month-long event sponsored by Metaplex, with special merch packs designed for the island experience. Metaplex held two Core-focused workshops for the attendees of IslandDAO covering a general overview and how to build applications using the new digital asset standard.
Stephen Hess and Jake Randall were the guests on the latest episode of The Marc Colcer Podcast discussing the future of NFTs and how MPL-404 can be used to create new experiences beyond memecoins and PFPs. They explored current issues in the NFT ecosystem, the celebrity memecoin meta, and the potential for hybrid assets, combining fungible and non-fungible assets to offer new possibilities for gaming, community building, and more.
Blockiousaurus hosted a workshop at Turbine, providing a deep dive into Metaplex Core. The session covered the design build and evolution of Core, focusing on building for mass adoption.
In June, the application ecosystem around Metaplex and Solana continued to expand.
Backpack and Magic Eden announced support for Core, the next-gen Solana NFT standard. In addition, Magic Eden also announced their plans to support MPL-404.
Solana launched Blinks, transforming on-chain actions into shareable links. Truffle was one of the first no-code NFT tools to implement this feature, enabling collectors to mint NFTs directly from X.
Baxus, the leading RWA platform for tokenized spirits, launched its first on-chain whiskey drop using Blinks and Core, which featured the sale of an 8-year-old blended malt scotch whisky called “Lehman Brothers Ch. 11 Ashes of Destruction”.
Reflexivity Research published a comprehensive report about Real World Assets on Solana, highlighting the chain's potential and its vibrant RWA ecosystem, powered by Metaplex’s digital assets and NFT standards.
AllDomains, a protocol for on-chain identity, launched its first season of points. The protocol uses Metaplex to wrap its domain names as NFTs, transforming them into tradable assets.
Helio launched a major update to Solana Pay on Shopify, enabling millions of merchants to embrace crypto commerce with new blockchain-powered features, including discounts for NFT holders, cNFT airdrops and more, utilizing Underdog Protocol, Metaplex, and others.
LightDAS, a cHack winner, announced that it is preparing to release a stable version of their open-source software, allowing users to run the Metaplex DAS API at home to index cNFTs.
Cyberz launched the closed alpha of their game, showcasing innovative use cases of Core and highlighting the future of hybrid gaming on Solana.
Arcane Inc introduced a new system leveraging Metaplex Core, enhancing the copy trading experience.
Launchifi announced their multi-tool platform expansion into Solana, utilizing the Metaplex Core standard for their launchpad to offer flexible and cost-effective minting options.
Shaga, a participant in the Metaplex Startup Program, raised a $1M Angel Round to further their development efforts, backed by key industry visionaries.
TipLink released the TipLink Wallet Adapter and TipLink Pro, enabling users to log in with just a Google account, simplifying onboarding and integration of digital assets within dApps.
Torque, a participant in the Startup Program, announced the launch of their protocol and the test token $CLICKY, set to power the decentralized attention economy.
Creators across the ecosystem continue to innovate, building on-chain communities and attracting audiences through digital assets. Here are some notable highlights from June:
Blockasset, one of Metaplex’s early users, announced a multi-year Global Marketing Partnership with UFC, enhancing digital fan interaction and bringing new experiences to the community.
Aurory upgraded their OG collection to Metaplex Core. They also successfully launched Aurorians Reforged, an exclusive Aurorian event and loyalty program launching alongside their art upgrade.
Hakoiri was one of the first projects launched on MPL-404. Hakoiri focuses on brand and game development, collaborating with industry leaders like Magic Eden and Mutant Labs. They introduced their native coin $HACK.
Superteam NG conducted online workshops on Core, and hosted a Solana ecosystem call with a creative game that involved Metaplex and Solflare merch.
Gogonauts introduced the GogoLauncher, a new minting mechanism that offers a raffle system, alongside their MPL-404 drop.
BR1 launched their Weapons Collection using Core, available on Magic Eden.
dReader hosted successful comic launches like Dream City: DCLC and teamed up with The Vorld to publish the Astrokidz series through a Cubik grant round. dReader is establishing themselves as a significant player in the digital comic space using Metaplex Core.
Claynosaurz was officially selected as a finalist for the Collision Choice Awards, marking a significant milestone for the NFT collection and the entire Solana ecosystem.
OrdLibrary launched their collection 8bit, showcasing Metaplex Core.
IslandDAO released a commemorative Core NFT in collaboration with Deanslist and Metaplex members, celebrating the month-long event.
Triad successfully minted out their collection, as they continue to build a derivatives decentralized exchange on Solana.
Follow @metaplex on X for ongoing community updates. You can also subscribe to receive these monthly updates directly to your email here. Developers should follow and turn on notifications for @metaplexstatus for the latest updates. To contribute to the Metaplex protocol, engage with us on GitHub or submit a Metaplex Improvement Proposal (MIP) at mip.metaplex.com.
Lastly, thank you to TopLedger for their data support on this month’s round-up. They provide real-time monitoring of Metaplex activity and usage to the ecosystem. For additional Metaplex on-chain metrics, please refer to the following link.