Messari.io
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12:00 May 12, 2025
Metaplex sustained high usage in Q1 2025 as fungible token mints rose and NFT issuance normalized from late-2024 highs. The protocol generated $8.3 million in fees and repurchased 22 million MPLX tokens. Infrastructure upgrades resized over 3 million NFTs and freed 7,000+ SOL. Cumulative transactions surpassed 1 billion, with signer activity up 160% year-over-year.