Metaplex (MPLX) — price, overview & secure storage
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Last Updated on May 30, 2026 07:40 PM
What is Metaplex? Complete guide to MPLX
What is Metaplex and who created it?
Metaplex is a decentralized protocol designed for the creation, commerce, and utilization of digital assets on the Solana blockchain. It aims to streamline the process of creating and trading non-fungible tokens (NFTs) by providing a comprehensive suite of tools and standards.
Key features of Metaplex blockchain
The protocol includes utility programs such as Packs, Fusion, and Encrypted NFTs, which enhance the functionality and versatility of digital assets. Additionally, programs like Gumdrop and Hydra are available to facilitate the distribution of tokens, making it easier for users to engage with the ecosystem.
How Metaplex transactions work
Metaplex operates through four main components:
- asset/">Digital Asset Standard: This defines the metadata structure for NFTs, ensuring interoperability across the Solana NFT ecosystem, including projects, individual NFTs, wallets, marketplaces, dApps, and other protocols.
- Metaplex Program Library (MPL): This library includes multiple infrastructural protocols that provide on-chain functionality for creating, selling, purchasing, or trading NFTs.
- Advanced Developer Tools and SDKs: These tools simplify working with Metaplex by abstracting complex blockchain development processes, making it accessible to a broader range of developers.
- MPLX Token: MPLX serves as a utility and governance-token/">governance token for the Metaplex Protocol. Token holders can influence the protocol's direction and evolution through the Metaplex DAO, supporting the vision of a decentralized and community-owned creator platform.
Wallet for Metaplex
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Tangem supports networks for Metaplex
- Bnb Smart Chain
- Solana
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Similar cryptocurrencies to Metaplex (MPLX)
| Asset | 24h % | Market cap | |
|---|---|---|---|
 BitcoinBTC | $73,911.79 | 0.41% | $1.48T |
 EthereumETH | $2,023.27 | 0.25% | $0.24T |
 TetherUSDT | $0.9986 | 0.00% | $0.19T |
 BNBBNB | $712.73 | 11.04% | $96.11B |
 XRPXRP | $1.35 | 2.02% | $83.38B |
Frequently asked questions about Metaplex (MPLX)
- Metaplex is a blockchain-based digital asset used for transferring value and interacting with decentralized applications. It operates without central control, relying on distributed network technology.
- Key features include scalability, low fees, and fast processing. Metaplex supports developers and users who need a flexible blockchain environment.
- MPLX represents the same asset as Metaplex. The ticker is simply a short label for trading and listing purposes.
- You can buy Metaplex using on-ramp services available in Tangem Wallet or exchanges. After purchasing on an exchange, you can transfer it to your Tangem Wallet.
- The safest option is to use a hardware wallet that keeps your private keys offline. Tangem provides secure cold storage protection.
- Metaplex was founded byStephen Hess, Bartosz Lipinski, Austin Federa, and Nikhil Kumar.
- The Metaplex protocol is a system built on Solana and other blockchains that support the SVM (Solana Virtual Machine), designed forthe creation, sale, and management of digital assets. It provides developers, creators, and businesses with the tools and standards needed to build decentralized applications.
- Metaplex Core (“Core”)sheds the complexity and technical debt of previous standards and provides a clean and simple core spec for digital assets. This next generation Solana NFT standard uses a single account design, reducing minting costs and improving Solana network load compared to alternatives.
- Candy Machine is a tool that allows creators to sell/distribute bulk NFTs fairly and transparently, and Metaplex Core is a low-cost/flexible standard for minting NFTs on Solana. This guide will teach you how to create a Core Candy Machine and mint NFTs using the Umi JavaScript library.
How to store Metaplex securely with a hardware wallet
Tangem products are for everyone, from beginners to experts. They keep your crypto safe and easy to manage. With cutting-edge technology, Tangem lets you control and protect your digital assets.
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Get the Tangem Wallet and take control of your assets with just one tap. It's perfect for anyone new to crypto and offers a great experience for more experienced users too.
Sync Tangem Wallet with our App. During the activation process, the card’s embedded chip generates a random private key, ensuring that the wallet cannot be compromised.
Discover the power of crypto. Manage crypto with balance tracking, secure transactions, and direct purchases or swaps through Tangem Wallet.
Why Tangem is a trusted Metaplex hardware wallet
Private. No registration and KYC required to use the app. We don't track your data.
Secure. Your private keys are encrypted and never leave your device. Only you have control over your funds.
Innovative Design Options. Choose from a variety of elegant designs, including unique co-branded editions and our innovative ring-form factor wallet, ensuring both style and functionality.
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