Mantle Network Price
(MNT)
USD($)
Mantle Network (MNT) Live Price Chart
Overview
About
Analysis
FAQ
Mantle Network Live Price Data
The live price of Mantle Network is $1.23, with a total trading volume of $ 807,926 in the last 24 hours. The price of Mantle Network changed by +8.94% in the past day, and its USD value has decreased by -0.97% over the last week. With a circulating supply of 3.37B MNT, the market cap of Mantle Network is currently 4.17B USD, marking a --% increase today. Mantle Network currently ranks #25 in market cap.
How do you feel about Mantle Network today?
Note: This data is for reference only.
Mantle Network(MNT) Profile
Rank25
--Expand 
Website
Documentation
Explorer
Contract
- Ethereum 0x3c3a81...354
Audited By
- --
Code & Community
Investors
- --
$0.9997
$1.33
- ATH
- $1.5
- Price Change (1h)
- -6.50%
- Price Change (24h)
- +8.94%
- Price Change (7d)
- -0.97%
- Market Cap
- $4.17B
- 24h Volume
- $807,926
- Circulating Supply
- 3.37B
- Max Supply
- 6.22B
About MNT
How can I buy Mantle Network (MNT)?
Buying MNT on KuCoin is fast and simple. Create an account, verify your identity, deposit funds, and start your trading. It's that simple! See How to Buy Mantle Network (MNT) for more information. What Is Mantle Network (MNT) Crypto?
Mantle Network is a Layer-2 scaling solution for Ethereum and enjoys EVM compatibility. It employs Optimistic rollups to bundle and execute transactions off-chain while settling them on the Ethereum main chain. This technology allows Mantle to process transactions more cheaply and quickly than Ethereum's mainnet while still leveraging the security of Ethereum's well-established network.
The Mantle Network aims to provide a scalable, efficient, and secure framework for applications and transactions on the Ethereum network, addressing some limitations like high costs and slower transaction speeds associated with the main Ethereum blockchain.
The Mantle Network utilizes a modular design, which separates transaction execution, data availability, and transaction finality. This modular approach aids in improving user experience without compromising on security and decentralization. It also includes the integration of EigenLayer, a protocol that enhances data availability and allows staked ETH to be utilized elsewhere.
The Mantle token MNT serves as both the product and governance token within the ecosystem, underscoring its role in the network's operational and governance aspects.
How Does Mantle Network Work?
Here’s an overview of how the Mantle Network works:
Ethereum Layer-2 Scaling Solution
Mantle Network operates atop the Ethereum blockchain, providing a secondary layer where transactions can be processed more efficiently than on Ethereum's mainnet (Layer 1). This setup allows for faster and more cost-effective transactions while still leveraging the security and decentralization of the Ethereum network.
EVM Compatibility
Being compatible with the Ethereum Virtual Machine (EVM) means Mantle Network can seamlessly interact with the Ethereum ecosystem. This compatibility is essential for the network's ability to support a wide range of decentralized applications (dApps) and smart contracts that are designed for Ethereum.
Optimistic Rollups
One of the core technologies Mantle Network employs is Optimistic rollups. This method involves bundling numerous transactions together, processing them off-chain (outside of the Ethereum mainnet), and settling the final state of these transactions on-chain. This approach significantly speeds up transaction processing and reduces costs compared to processing each transaction individually on the Ethereum mainnet.
Mantle Network’s Modular Architecture
Mantle Network utilizes a modular architecture, which effectively breaks down blockchain operations into separate components, such as transaction execution, data availability, and transaction finality. This modularity helps in improving the network's efficiency and user experience. It also integrates EigenLayer, enhancing data availability and allowing more versatile use of staked ETH.
Support for On-Chain Settlements
Despite the off-chain processing of transactions, all transactions on Mantle Network ultimately settle on the Ethereum mainnet. This ensures that the security and robustness of the Ethereum blockchain underpin Mantle's operations while providing scalability through off-chain processing.
History of Mantle Network and MNT Coin
Mantle Network is a high-performance Ethereum Layer-2 protocol developed by BitDAO, which is one of the largest decentralized autonomous organizations (DAOs). The network aims to facilitate the mass adoption of decentralized and token-governed technologies by combining a separate decentralized data availability layer with Ethereum roll-ups.
The founders of Mantle Network are anonymous. However, BitDAO, the organization behind Mantle, was launched by the co-founders of the centralized exchange Bybit, Daniel Yan and Ben Zhou, in June 2021.
Mantle Network's testnet went live on January 10, 2023. After a six-month testnet period, during which the network demonstrated its stability and performance, the Mantle Network Mainnet Alpha was launched on July 17, 2023.
The roadmap for Mantle Network includes different network components and actions on both Layer 2 and Layer 1 for its initial mainnet version and potential implementations considered for future mainnet upgrades.
During its testnet phase, Mantle Network processed over 14 million transactions, deployed more than 140,000 smart contracts, and engaged a significant number of developers and unique wallet addresses. The network is integrated with the Mantle DA data availability solution powered by EigenDA technology.
Mantle focuses on a developer-first mindset and has hosted numerous hackathons, resulting in hundreds of project submissions. Additionally, the Mantle Grants Program and the $200M Mantle Ecosystem Fund are in place to support ecosystem development.
What Is MNT Token Used for?
MNT, the native token of the Mantle Network ecosystem, has the following use cases:
Governance Token of Mantle Network
Mantle Network uses the MNT token as a governance token, allowing token holders to participate in decision-making processes. This could include voting on proposals related to the development and direction of the network, protocol changes, or other significant decisions impacting the network.
Pay Gas Fees
$MNT is used to pay gas fees on the Layer-2 Mantle Network. The transaction costs on Mantle Network are lower than those on other L2 networks that use ETH as their gas token.
Utility Token of Mantle Network
$MNT tokens can serve as collateral assets for nodes on the Mantle Network. This can incentivize participation in the network and improve its security and stability.
Trade MNT Token on KuCoin
Trade Mantle Network crypto on the KuCoin Spot Market against other cryptos to make the most of changing market conditions and volatility. Buy or sell MNT or hold it long-term if you believe in the future potential of the Mantle Network. Remember to DYOR before investing in any token in the crypto market.
Mantle Network (MNT) Price Movements ($)
| Period | Change | Change (%) |
|---|---|---|
| Today | $0.1017 | 9.03% |
| 7 Days | $-0.0123 | -0.99% |
| 30 Days | $0.4852 | 65.23% |
| 3 Months | $0.6141 | 99.85% |
24H Investment Barometer
24H
- Buy
- The Investment Barometer represents the current sentiment of the majority of KuCoin users. It is based on multiple indicators, and can be used as an aspect to take into consideration when planning investments.
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Mantle Network Conversion Rate
FAQ
How much is 1 Mantle Network (MNT) worth?
KuCoin provides real-time USD price updates for Mantle Network (MNT). Mantle Network price is affected by supply and demand, as well as market sentiment. Use the KuCoin Calculator to obtain real-time MNT to USD exchange rates. How Is Mantle Network Different From Other Ethereum Layer-2 Scaling Solutions?
Like other Ethereum Layer-2 scaling solutions, Mantle Network aims to enhance the scalability and efficiency of the Ethereum blockchain. However, it has several distinct features that set it apart from other Layer-2 solutions:
Mantle Network’s Use of Modular Architecture
Mantle Network employs a modular architecture, breaking down various blockchain operations into separate components. This approach allows for more flexibility and efficiency in handling specific tasks like transaction execution, data availability, and transaction finality. This modular design is somewhat unique compared to more monolithic architectures of other Layer-2 solutions.
Integration with EigenDA
Mantle Network integrates with a decentralized data availability solution powered by EigenDA technology. This integration aims to provide enhanced data availability, crucial for the network's scalability and efficiency. This specific technology may differentiate Mantle from other Layer-2 solutions that use different mechanisms for data availability.
Optimistic Rollups Technology
While some other Layer-2 solutions also use rollup technology (either Optimistic or ZK-Rollups), Mantle Network's implementation of Optimistic rollups is designed to facilitate fast and cost-effective transactions. The specifics of how Mantle Network implements these rollups could offer different trade-offs in terms of speed, security, and cost compared to other projects.
Backed by BitDAO
Being developed by BitDAO, one of the largest decentralized autonomous organizations, provides Mantle Network with a potentially unique governance structure, community support, and financial backing compared to other Layer-2 solutions.
Focus on User Experience
Mantle Network emphasizes improving the user experience without sacrificing security and decentralization. This focus on UX could lead to different design and operational choices compared to other Layer-2 projects.
Is Mantle Network (MNT) a Good Investment?
Here are some reasons why you could consider adding $MNT token to your portfolio:
Innovative Layer-2 Network
Mantle Network represents an innovative approach to scaling the Ethereum blockchain. By offering a Layer 2 solution that enhances transaction speed and lowers costs while maintaining security, Mantle Network addresses key issues in the Ethereum ecosystem. This innovation could drive adoption and increase the value of the MNT token.
Growth of the Ethereum Ecosystem
As Ethereum continues to grow and evolve, Layer 2 solutions like Mantle Network, which improve its scalability and usability, could see increased demand. The success of Ethereum can positively impact the projects built on its ecosystem, including Mantle Network.
Diversify Your Crypto Portfolio
For those looking to diversify their cryptocurrency portfolio, investing in a Layer 2 scaling solution like Mantle Network offers exposure to a different segment of the blockchain ecosystem compared to Layer 1 assets.
Strong Backing and Partnerships
Mantle Network's development under BitDAO, which has significant backing and a substantial treasury, provides a level of credibility and potential for strong partnerships and collaborations within the crypto space.
What Is Mantle Network Price Prediction?
Although it is challenging to offer a precise MNT price prediction over any timeframe, you could gain some insights into the price trends in Mantle Network crypto by monitoring the following factors:
Market Demand and Level of Adoption of Mantle Network
The more widespread the adoption and usage of Mantle Network, the higher the demand for MNT tokens. The Mantle Network price can be influenced by the number of applications built on the network, the volume of transactions processed, and the overall growth of the network.
Future Developments in the Mantle Network Roadmap
Progress in the development of Mantle Network, successful updates, and new technological breakthroughs can positively impact investor sentiment and drive up the MNT token price.
Mantle Network Performance
As a Layer 2 solution for Ethereum, Mantle Network's ability to effectively scale the Ethereum network, reduce transaction fees, and increase transaction speed can significantly influence the Mantle Network price.
Crypto Market Trends
Broader market trends often influence cryptocurrency prices, including the Mantle Network token. Bullish trends in the overall crypto market can positively affect the price of MNT tokens, while bearish trends can have the opposite effect.
What is the all-time high price of Mantle Network (MNT)?
The all-time high price of Mantle Network (MNT) is $1.5000. The current price of MNT is down 18.30% from its all-time high.
What is the all-time low price of Mantle Network (MNT)?
The all-time low price of Mantle Network (MNT) is $0.3136. The current price of MNT is up 292.08% from its all-time low.
How much Mantle Network (MNT) is there in circulation?
As of 12 21, 2024, there is currently 3.37B MNT in circulation. MNT has a maximum supply of 6.22B.
What is the market cap of Mantle Network (MNT)?
The current market cap of MNT is $4.17B. It is calculated by multiplying the current supply of MNT by its real-time market price of $4.17B.
How do I store Mantle Network (MNT)?
You can securely store your Mantle Network in the custodial wallet on the KuCoin exchange without having to worry about managing your private keys. Other ways to store your MNT include using a self-custody wallet (on a web browser, mobile device, or desktop/laptop computer), a hardware wallet, a third-party crypto custody service, or a paper wallet.
How do I convert Pepe (PEPE) to cash?
You can instantly exchange your Pepe (PEPE) for cash using KuCoin's Fast Trade feature. This feature enables you to convert PEPE to your local fiat currency in just a few clicks. However, make sure to complete Identity Verification first to enjoy all the features you may need.