1 month ago
1 min read
Mantle (MNT) surges over 40% in the last 24 hours, hitting new all-time highs
Mantle (MNT) is a blockchain operating at Layer 2 (L2) that has had a significant increase of 40% during the last 24 hours, hitting its highest value ever at $1.49. Mantle Network functions as a scaling solution for Ethereum Virtual Machine (EVM) that is compatible with Optimistic rollups, enabling speedy and economical transactions. The modular architecture of the system integrates Optimistic rollups with a distinct data availability layer, resulting in decreased transaction costs and enhanced network efficiency. The current increase in MNT may be ascribed to the implementation of MNT staking, which entails users contributing to the security and functioning