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About Mantle

Mantle (MNT) is a Layer 2 technology stack that aims to scale Ethereum. It is a core product of the Mantle Ecosystem and strives to be compatible with the Ethereum Virtual Machine. Mantle's unique modular architecture separates transaction execution, data availability, and transaction finality into individual modules, which allows for individual upgrades and the adoption of the latest innovations. Mantle Network is a DAO-spawned Layer 2, fostering a vision for the mass adoption of token-governed technologies. The native token, MNT, is used for paying gas fees, fostering the ecosystem, and community governance.

Mantle Network operates using a modular architecture that aims to enhance network performance at low fees and with faster finality. This architecture allows for the development of DApps with a user experience that relies on Ethereum's security. Mantle Network's architecture separates transaction execution, data availability, and transaction finality into modules. This means that each module can be individually upgraded to adopt the latest innovations. Mantle Network also features a network of partners and collaborators to support projects from conceptualization to infrastructure support and go-to-market strategies.

Mantle Network is designed to scale Ethereum, making it a tool for developers and users of the Ethereum blockchain. Its compatibility with the Ethereum Virtual Machine means that all contracts and tools that work on Ethereum can also work on Mantle Network with minimal modifications. This allows users to experiment with web3 apps, and developers can deploy smart contracts in an efficient, low-fee environment. The Mantle token (MNT) powers the Mantle Network as its native gas token and ecosystem growth token, and serves as the governance token of Mantle Governance.

Mantle Network is a DAO-governed and accelerated network, where key decisions are made via governance by MNT holders. There is no single founder of Mantle Network. Early key contributors to the initial proposal that introduced Mantle Network include jacobc.eth and Ben Zhou. The total supply of MNT is 3,172,988,154 tokens, with 51% in circulation and 49% allocated to Mantle Treasury. Mantle Network is a Layer 2 that has partnered with ETH restaking protocol EigenLayer for the data availability module. By adopting a rollup architecture, Mantle Network aims to be secured by Ethereum.

Market

Singapore Market Stats

Market cap

S$4.5B

Volume (24h)

S$96.9M

Circulating supply

3.3B MNT

All time high

S$2.04

Singapore Market performance

Price change (1h)

+0.23%

Price change (1d)

-0.07%

Price change (1w)

+7.49%

Price change (2w)

-8.53%

Price change (1m)

-27.15%

Price change (1y)

+109.42%

Singapore News about Mantle

Unchained • May 09, 24

Optimism to Add Custom Gas Tokens and Plasma Mode for Layer 2 Builders on the Superchain

Ethereum scaling solution Optimism aims to create the ideal environment for layer 3 blockchains to build on its network of networks, otherwise known as the Superchain. In a blog post on Wednesday, the Optimism team said layer 3 developers could also leverage its OP Stack codebase and contribute a...

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The Block • May 09, 24

Only one spot bitcoin ETF recorded inflows yesterday

Spot bitcoin exchange-traded funds listed in the United States saw net inflows yesterday off GBTC experiencing no net inflows or outflows.

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The Block • May 09, 24

SBI Holdings and Chiliz to set up joint venture in Japan for sports fan tokens

The joint venture seeks to provide token-based experience and rewards for Japanese fans, including game-day activations and voting rights.

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The Block • May 09, 24

Canaan launches new A1566 bitcoin mining machine

Canaan launched its newest bitcoin mining machine, the A1566 of its Avalon A15 series, that features an energy efficiency ratio of 18.5J/T.

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BeInCrypto • May 09, 24

Why Is the Crypto Market Up Today?

The total crypto market cap is noting a bounce back from key support as is Bitcoin's price, with Akash Network price noting the most gains today.The post Why Is the Crypto Market Up Today? appeared first on BeInCrypto.

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Unchained • May 09, 24

US House Votes to Overturn Controversial SEC Guidance for Crypto Custodians

The U.S. House of Representatives voted to pass a measure that would overturn the U.S. Securities and Exchange Commission’s (SEC) controversial Staff Accounting Bulletin (SAB) 121, which would require crypto custodians to hold customer’s crypto assets as liabilities on their own balance sheets. T...

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Mantle is on the rise this week.

The price of Mantle has increased by 0.23% in the last hour and decreased by 0.07% in the past 24 hours. Mantle’s price has also risen by 7.49% in the past week. The current price is S$1.38 per MNT with a 24-hour trading volume of S$96.86M. Currently, Mantle is valued at 32.36% below its all time high of S$2.04. This all-time high was the highest price paid for Mantle since its launch.

The current circulating supply of Mantle is 3,264,441,707.837 MNT which means that Mantle has as total market cap of 3,264,441,707.837.

FAQ

What is the current price of Mantle?

We update our Mantle to SGD currency in real-time. Get the live price of Mantle on Coinbase.

What is the market cap of Mantle?

The current market cap of Mantle is S$4.51B. A high market cap implies that the asset is highly valued by the market.

What is the all time high of Mantle?

The all-time high of Mantle is S$2.04. This all-time high is highest price paid for Mantle since it was launched.

What is the 24 hour trading volume of Mantle?

Over the last 24 hours, the trading volume of Mantle is S$96.86M.

What other assets are similar to Mantle?

Assets that have a similar market cap to Mantle include vechain, OKB, Celestia, and many others. To see a full list, see our comparable market cap assets.

How many Mantle are there?

The current circulating supply of Mantle is 3.3 billion.

Can I buy Mantle on Coinbase?

Yes, Mantle is currently available on Coinbase wallet. For more detailed instructions, check out our helpful how to buy Mantle guide.