The native token for a Solana (SOL)-based non-fungible token (NFT) platform experienced a significant surge this week. Despite the sluggish overall crypto market, Metaplex (MPLX) saw impressive price gains due to heightened on-chain activity and increased user engagement. Metaplex reported an all-time high of 834,000 unique wallets directly signing transactions with its protocol in May.
![Solana [SOL] Outpaces Ethereum with Record-Breaking Network Speed and 3% Price Surge](https://resources.cryptocompare.com/news/77/30938244.jpeg "Solana [SOL] Outpaces Ethereum with Record-Breaking Network Speed and 3% Price Surge")
