Mantle, the layer 2 scalability solution built atop Ethereum, witnessed its native token surge to a fresh all-time high on Wednesday, pushing its market value to over $4 billion, outperforming the rest of the market.jumped to a high of $1.45 from a 24-hour low of $0.90. Mantle announced on X that its ‘Mantle Rewards Station’ is now live. This means that users can connect their wallets and lock their MNT into a vault accumulating rewards..
According to Strahinja Savic, head of data and analytics at FRNT Financial, investors might view exposure to layer 2 solutions like Mantle as the potential for higher upside due to their newness. “Given how crucial layer-2s are to Ethereum, it's not surprising to see layer-2s have these explosive rallies,” said Savic. “Given the relative newness of layer-2s compared to the layer-1 Etheruem network, investors may see greater upside in these tokens compared to ETH.”in a variety of blockchain and digital asset businesses and significant holdings of digital assets, including bitcoin.
Coin Coin Latest News, Coin Coin Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
Source: CoinDesk - 🏆 291. / 63 Read more »
Source: CoinDesk - 🏆 291. / 63 Read more »
Partisia Blockchain’s MPC token to shape Web 3.0 with multiple listingsPartisia Blockchain, a pioneering force in the blockchain industry, celebrates a momentous achievement as its MPC token secures listings on several exchanges, including KuCoin, Bitfinex, Gate.io, MEXC, BitMart and Bitrue
Source: Cointelegraph - 🏆 562. / 51 Read more »
Particle Network unveils modular Layer-1 for chain abstraction & universal accountsParticle Network announces its modular Layer 1, revolutionizing the blockchain ecosystem with unified chain abstraction solutions
Source: Cointelegraph - 🏆 562. / 51 Read more »
Source: hackernoon - 🏆 532. / 51 Read more »
Source: Utoday_en - 🏆 295. / 63 Read more »