2024-01-19
Manta Network’s first trading day has
market of $571 million and fully diluted market cap of $2.255 billion after Binance
listed MANTA at 2024-01-18 10:00 (UTC). It ranks 101st largest crypto by market cap.
Manta Network consist of Manta Pacific,
a layer 2 Ethereum scaling solution. And Manta Atlantic, a private blockchain on
Polkadot’s Parachain.
Manta Pacific developed from Polygon
CDK and use Celestia’s data availability layer to process transactions. By
using Celestia’s DA, it claims to have cheaper transaction fees.
Manta Pacific supports TIA tokens for
DeFi products. Users can bridge TIA to Manta L2 to lend TIA tokens on DeFi platforms such
as LayerBank.