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  • Mantle MNT
  • ( 1.10 % )
  • Rank #35
  • Coins

₹76.031

₹76.031

  • Rank #35
  • Coins

Market Cap

₹239.61 B -0.9090%

Circulating Supply

3266840000

Max Supply

6219316795

Volume

₹12.09 B

All Time High :

₹128.22

All Time Low :

₹25.64

Price change in 24H :

₹-0.754012

24H High :

₹75.84

24H Low :

₹73.22

Allocation

Market Sentiment
37
  • Retail Inflow
  • Retail Outflow
  • Main Inflow
  • Main Outflow
  • 0.00%
  • 0.00%
  • 65.06%
  • 34.94%
  • 0
  • 0
  • 870.17 K
  • 870.17 K

Fund Flow Analysis

Small Orders

Net Inflow ($)

+403.02 K
Inflow ($)
870.17 K
Outflow ($)
467.15 K
Medium Orders

Net Inflow ($)

0.00
Inflow ($)
0.00
Outflow ($)
0.00
Large Orders

Net Inflow ($)

-0
Inflow ($)
0.00
Outflow ($)
0.00

   Mantle ( MNT ) Price Live Chart


What is Mantle Coin (MNT)?

Mantle Network stands as a Layer 2 (L2) technology stack engineered for Ethereum scalability, representing the flagship product within the Mantle Ecosystem. Distinguished by its commitment to compatibility with the Ethereum Virtual Machine, Mantle Network employs a modular architecture that strategically divides transaction execution, data availability, and transaction finality into independent modules. This modular approach allows for individual upgrades, facilitating the seamless adoption of the latest innovations.

As the inaugural Layer 2 technology spawned by a Decentralized Autonomous Organization (DAO), Mantle Network envisions leading the way for the widespread acceptance of token-governed technologies. This pioneering initiative embodies a transformative vision for decentralized governance, emphasizing community-driven decision-making.

The native token of Mantle Network, MNT, serves multiple essential functions within the ecosystem. It acts as a means for paying gas fees, fostering the expansion of the ecosystem, and facilitating community governance. By integrating these functionalities, Mantle Network positions itself as a versatile and community-centric solution, advancing the broader goal of achieving widespread adoption of token-governed technologies and enhancing the scalability of the Ethereum blockchain.

Who are the founders of Mantle Coin?

Mantle Network operates on a decentralized model, devoid of a singular founder. As a DAO-governed and accelerated network, pivotal decisions are entrusted to the governance process facilitated by $MNT holders. Within this collective structure, no individual serves as the exclusive founder. Instead, the network adheres to a collaborative and community-driven ethos, with the governance mechanism ensuring that key decisions are collectively made by the participants holding $MNT tokens.

While there isn't a traditional founder, it's noteworthy that early contributors who played integral roles in the inception of Mantle Network include jacobc.eth and Ben Zhou. These individuals were instrumental in formulating the initial proposal that laid the groundwork for the establishment and development of the Mantle Network. By embracing a decentralized and community-driven approach, Mantle Network seeks to foster a collective sense of ownership and decision-making among its token holders, aligning with the principles of DAO governance and accelerating innovation in the realm of Layer 2 Ethereum scalability solutions.

What Makes Mantle Coin (MNT) Unique?

Mantle Network's architecture, characterized by its modular design, achieves a remarkable boost in network performance at minimal fees and accelerated finality. This design empowers decentralized applications (DApps) to be crafted with an exceptional user experience, all while leveraging the unparalleled security offered by Ethereum. The result is a hyperscaling solution that maintains the integrity of Ethereum's robust security measures.

Within the Mantle Ecosystem, a collaborative network of established partners and collaborators stands ready to support projects at every stage, from conceptualization to infrastructure development and go-to-market strategies. This network ensures that projects within the Mantle Ecosystem benefit from a comprehensive support system, enhancing their potential for success.

In a commitment to nurturing the next generation of innovators, builders, and developers, Mantle actively expands its ecosystem through initiatives like the Mantle Grants Program and the Mantle EcoFund. The Mantle Grants Program catalyzes innovative projects, providing financial support, while the Mantle EcoFund represents a capital pool of $200 million, strategically deployed to catalyze growth and innovation within the Mantle Ecosystem. These initiatives collectively contribute to Mantle's vision of fostering a dynamic and supportive environment for the ongoing evolution of blockchain technology.

Explain the network security of Mantle Coin.

In a pioneering collaboration, Mantle Network has become the inaugural Layer 2 (L2) solution to partner with the ETH restaking protocol EigenLayer for the implementation of its data availability module. This strategic integration marks a significant advancement in the realm of Layer 2 technologies, enhancing the overall functionality and security of Mantle Network.

Mantle Network, embracing a rollup architecture, fortifies its foundation by leveraging the security infrastructure of Ethereum. This architectural choice ensures a robust and secure ecosystem, as the rollup approach facilitates the efficient execution of transactions on the Layer 2 protocol while relying on the Ethereum blockchain for ultimate security and finality.

The partnership with EigenLayer, specifically for the data availability module, underscores Mantle Network's commitment to adopting cutting-edge solutions within the Ethereum ecosystem. This collaboration not only positions Mantle Network as a trailblazer in Layer 2 technologies but also reinforces the collaborative spirit within the blockchain community, where strategic partnerships contribute to the ongoing evolution and enhancement of decentralized protocols.

To read more on Mantle Coin (MNT), visit Suncrypto Price Explorer

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