- Buy Crypto
- Markets
- Futures
- Spot
- Copy Trade
WE-Launch
The Metaplex protocol achieved its all-time high protocol fee in November 2024.
Metaplex is the underlying blockchain protocol for nearly all tokens, memecoins, and NFTs on the Solana network, setting a historic protocol fee record in November 2024 thanks to the significant growth in digital asset creation on the Solana network.
Growth in Solana Token Creation Drives Record Protocol Development
As the protocol behind the creation of nearly all tokens on Solana, Metaplex emerged as the primary beneficiary of the digital asset creation wave.
This exponential activity spanned across all areas from memecoins to AI tokens and NFTs, directly driving the growth of Metaplex's protocol fees. This fee increase, in turn, provided funding for the purchase of $MPLX tokens by the Metaplex DAO.
Starting from June 2024, 50% of the monthly protocol fees and a portion of historical fees have been used to purchase $MPLX tokens and contribute to the DAO.
By November 2024, the total amount spent on purchasing $MPLX tokens reached 12,000 SOL, approximately $3 million, marking a 58% increase from the previous month and setting a new record for monthly purchases.
Riding this momentum, Metaplex's protocol fees in November reached a historical high of $3.5 million, laying a solid foundation for the December $MPLX purchase allocation.
Key Records Set by the Metaplex Protocol in November
November saw new highs in protocol activity across various areas:
Significant growth in the creation of fungible tokens, with the addition of 1.4 million new tokens, a 56% increase from the previous month, and a new monthly record. Memecoin activities, particularly on platforms like Pump.fun, were the primary drivers of this growth, with these tokens accounting for 94% of all Token Metadata assets.
Metaplex Core, as the next-generation NFT standard, saw widespread adoption, with the addition of 354,000 new assets, marking a historic high. This was facilitated by the standard's flexible design that expanded its use cases.
There was a substantial increase in user engagement, with the number of interactions from independent wallets reaching 879,000, a 34% increase from October and a record high. The protocol's total user base also expanded to nearly 60 million, with 860,000 new independent wallet users added in November alone.
About the Metaplex Protocol
Metaplex is a leading decentralized protocol on Solana and the Solana Virtual Machine (SVM), providing tools and programs for developers and creators to build decentralized applications using digital assets. With a growing user base, Metaplex is committed to innovation, driving a new wave of decentralized finance and commerce.
About the Metaplex Foundation
The Metaplex Foundation is a non-profit organization established in the Cayman Islands, focusing on supporting the development of the Metaplex protocol. The foundation empowers global developers, creators, and users to participate in a decentralized, inclusive digital economy by providing open-source tools and resources.
Official Website: https://www.metaplex.com/
Discord: https://discord.com/invite/6FaDSP2zms
Contact Information
Marketing Department
Dan Forgd
You may also like
From Wuhan to Silicon Valley, Manus did it in just nine months.
You may call it a “wrapper,” but it wrapped its way all the way to Meta.
How AI Helps Crypto Traders Analyze Markets, Manage Risk, and Trade Smarter
Crypto trading is no longer just about having a good idea—it is about executing consistently in a market that never stops. As data volumes and market speed increase, traditional manual analysis reaches its limits. AI helps traders move beyond these limits by transforming how markets are analyzed, how sentiment is interpreted, and how risk is controlled. This article explores how AI is reshaping crypto trading — and what that means for traders today.
WEEX × LALIGA: Seven Stars That Represent a Shared Standard of Excellence
True excellence in football is never accidental. It is built on discipline, consistency, and the ability to deliver under pressure — season after season. The same principles apply in professional trading, where long-term performance matters more than short-lived momentum. As an official regional partner of LALIGA, WEEX highlights seven outstanding players who embody the league’s competitive spirit and global appeal. Each brings a unique style to the pitch, yet all share values that closely align with WEEX’s commitment to stability, precision, and professional execution. This partnership is built on shared standards — where consistency and control define performance under pressure.
Arkstream Capital: When Cryptocurrency Returns to 'Financial Logic' by 2025
The Year Trump Embraced Cryptocurrency
IOSG: Port and New City, Two Cryptoverse Views of BNB Chain and Base
WEEX Partners with LALIGA to Expand Global Reach and Integrate Crypto into Mainstream Sports Culture
Hong Kong, Jan. 1, 2026. WEEX has entered into a new partnership with LALIGA, as an official regional partner of LALIGA in Taiwan and Hong Kong. The agreement brings WEEX into LALIGA’s network of regional collaborators and opens the door to new ways of engaging both fans and traders during the season.
Perpetual Contract Genesis: Pricing Liquidity with a Magic Formula, Transparency Prevents it from Reaching its Full Potential
Decode Stock on Chain: Why Are Crypto Enthusiasts Investing in US Stocks While Wall Street Is Going Blockchain Unfriendly?
Key Market Intelligence as of December 31st, how much did you miss out on?
Long-standing domestic public blockchain NEO sees feud between two co-founders, with opaque finances as the core reason
Hong Kong Virtual Asset Trading Platform New Regulations (Part 2): New Circular Issued, Has the Boundary of Virtual Asset Business Been Redefined?
DeFi 2.0 Explosion Post-Disorderly Restructuring in 2026
Fed's Latest Meeting Minutes: Divergence Persists, But "Most" Officials Advocate Continued Rate Cuts
AI Trading in Crypto: How Traders Actually Apply AI in Real Crypto Markets
Artificial intelligence has moved beyond experimentation in crypto markets. In 2025, AI-driven trading tools are increasingly used by traders who want better discipline, faster execution, and more structured decision-making in volatile markets. This guide explains how AI is actually used in crypto trading, step by step — with a focus on how these strategies are executed in real trading environments.
The first large-scale adoption of a "yield-bearing stablecoin" was in China
Market Update — December 31
From South Korea and the OECD accelerating the implementation of crypto regulation and compliance frameworks, to the simultaneous development of TAO ETFs, privacy technologies, mining, and Bitcoin reserves, while security incidents and financial losses continue to rise, the crypto market has entered a new phase amid multiple challenges of "strong regulation + technological evolution + amplified risks."
Lighter Token Distribution Sparks Controversy, Zama Launches USDT Private Transfers, What is the Overseas Crypto Community Talking About Today?
From Wuhan to Silicon Valley, Manus did it in just nine months.
You may call it a “wrapper,” but it wrapped its way all the way to Meta.
How AI Helps Crypto Traders Analyze Markets, Manage Risk, and Trade Smarter
Crypto trading is no longer just about having a good idea—it is about executing consistently in a market that never stops. As data volumes and market speed increase, traditional manual analysis reaches its limits. AI helps traders move beyond these limits by transforming how markets are analyzed, how sentiment is interpreted, and how risk is controlled. This article explores how AI is reshaping crypto trading — and what that means for traders today.
WEEX × LALIGA: Seven Stars That Represent a Shared Standard of Excellence
True excellence in football is never accidental. It is built on discipline, consistency, and the ability to deliver under pressure — season after season. The same principles apply in professional trading, where long-term performance matters more than short-lived momentum. As an official regional partner of LALIGA, WEEX highlights seven outstanding players who embody the league’s competitive spirit and global appeal. Each brings a unique style to the pitch, yet all share values that closely align with WEEX’s commitment to stability, precision, and professional execution. This partnership is built on shared standards — where consistency and control define performance under pressure.
App