TechFlow News, September 24 — According to an official announcement, the Metaplex Foundation has unveiled the Metaplex Aura Network, a decentralized indexing and data availability network purpose-built for Solana and the Solana Virtual Machine (SVM). The network aims to address efficiency, cost, and speed challenges faced by decentralized applications when reading and displaying blockchain data.
The Aura Network is powered by the $MPLX token. Network nodes can process read requests from public gateways and gain operational control over elastic state management on SVM. This innovative state management mechanism enables developers to batch-create millions of compressed states as assets with up to 99% lower transaction volume by bundling mint transactions, while Aura nodes provide essential data availability (DA) support to ensure reliable state transitions.
Perhaps influenced by this news, according to HTX market data, Metaplex (MPLX) surged over 30% in 24 hours, reaching $0.4981 before pulling back to $0.4677.
