Solana-Based STEPN Skyrockets After Sustainability Update

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Solana-based play-to-earn game STEPN saw its two tokens – GMT and GST- surge in value after it updated its mechanics.

GMT jumped as much as 11% to $1.05, while GST rose 6% on Solana and over 100% on the BINANCE Smart Chain.

The price surge comes after STEPN introduced new updates to improve the sustainability of the project. Most crucially, the update will make minting new sneakers on the platform more constant.

It will also incentivize exercising with the app with mystery box NFT rewards. The update comes just a few days after the project was hit with DDOS attacks.

STEPN is the most popular move-to-earn project, which rewards users with tokens for exercising while using the application. Users must first mint NFT sneakers on the platform to be eligible for rewards.

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