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REGULATION
by
1 year ago

Manta Network’s first trading day has market of $571 million and fully diluted market cap of $2.255 billion

2024-01-19

REGULATION
by
1 year ago


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.

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