Mantle: everything you need to know about MNT
Axel has been immersing himself in the world of crypto and blockchain for quite some time, which he then translates into understandable articles.
Mantle facts
Abbreviation
MNT
Category
Layer-2 scale solution.
Founder(s)
BitDAO
Blockchain
Ethereum
Protocol
Rollups
Launch date
2023
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What is Mantle?
Mantle is an innovative layer-2 solution built on Ethereum, designed to improve scalability, speed, and low transaction costs. It provides a decentralized platform where users and developers can work more efficiently with dApps and smart contracts.
How does Mantle work?
Mantle uses rollups, a technology that processes transactions off the main blockchain and then summarizes them on the Ethereum blockchain. This results in faster transactions with lower costs, while maintaining the security and decentralization of Ethereum.
The MNT token
The Mantle token (MNT) is used as the native currency of the network. Users can use it to perform transactions, pay for network services, and participate in governance decisions. It plays a central role within the Mantle ecosystem.
The technology behind MNT.
Mantle is built on Ethereum as a layer-2 scaling solution and utilizes a combination of rollups and off-chain data storage. This approach reduces the pressure on the Ethereum blockchain, improves transaction speed, and ensures scalability without compromising security.
The Mantle ecosystem
The Mantle ecosystem includes dApps, DeFi projects, and tools for developers. Developers can use Mantle to build efficient, scalable applications with the assurance that they are supported by Ethereum's strong security. Additionally, Mantle is focused on expanding its partnerships with various blockchain projects and DeFi applications.
€1.27▲13.58%
Benefits of Mantle
- Fast transactions with low costs.
- Built on Ethereum, one of the most secure blockchains.
- Use of advanced rollup technology for scalability.
- Supports decentralized applications and smart contracts.
Disadvantages of Mantle
- Dependence on Ethereum for security and stability.
- The competition with other layer-2 solutions is strong.
- The network may still be in development, which brings risks.
Who is the founder of Mantle?
Mantle is a project by BitDAO, one of the largest decentralized autonomous organizations (DAOs) in the world. It is not a project founded by individuals, but is supported by a broad community of developers and users.
Expectations for the coming period.
Experts expect a minimum price of €3.88 in 2026 and a minimum price of €12.81 in 2031.
Mantle price in the last 24 hours
View all key statistics of the past 24 hours here.
€1.23
€1.22
€0.9652
Market information
Use these figures to get a better picture of the Mantle market.
€306.6 million
€4.1 billion
3.4 billion
€1.42
Mantle Return On Investment
See how much the price has risen or fallen over the years.
Historical Mantle price
Here you can see Mantle's daily prices, trading volume and market cap. Looking for a specific date? You can fill in the range all you want. Maybe you'll spot the one trend!
Date | Price | Volume | Marketcap |
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Frequently asked questions
Mantle doesn't have a fixed value because the exchange rate is always in motion. Whenever you get distracted or even blink, it has already changed. Right now, the value of Mantle is €1.27.
You can easily buy Mantle on BLOX! Quickly download the app, and within two minutes, you'll have your own crypto portfolio with Mantle and your other favorite coins.
So much is happening in the crypto market that it's sometimes difficult to stay continuously informed. That's why we've already taken a look at the expectations for you. According to experts, the value of MNT is expected to continue rising steadily in the coming years. For instance, the price of Mantle is predicted to reach €3.41.
We don't have a crystal ball either, so it's up to you to decide whether you want to invest in MNT. We can only recommend once again that you thoroughly research the market and only invest what you're willing to lose.
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