MNT (Mantle) rose 13.61% in the last 24 hours.

Gate News Bot message, July 18, according to CoinMarketCap data, as of the time of publication, MNT (Mantle) is currently priced at $0.83, with a rise of 13.61% in the last 24 hours, reaching a high of $0.84 and a low of $0.60. The current market capitalization is approximately $2.807 billion, an increase of $336 million compared to yesterday.

Mantle is a blockchain platform focused on banking and on-chain finance. Its vision is to create a free, efficient, and accessible financial world driven by tokenization technology and open to everyone. MNT, as the core of the Mantle ecosystem, provides the foundation for governance, staking, and promoting decentralized economic innovation. The Mantle network is an Ethereum Layer 2 solution, known for its modular design and as the first adopter of EigenLayer and EigenDA, providing the foundation for its diverse products and applications.

Important news about MNT recently:

1️⃣ Expansion of the Mantle Ecosystem The Mantle network, as an Ethereum Layer 2 solution, is actively advancing the development of its ecosystem. Its modular design and status as the first adopter of EigenLayer and EigenDA provide a solid foundation for diverse products and applications, attracting more developers and users' attention.

2️⃣ MNT Token Functionality Enhancement MNT, as the core token of the Mantle ecosystem, is increasingly strengthening its role in governance, staking, and promoting decentralized economic innovation. This expansion of function may enhance investors' confidence in the long-term value of MNT.

3️⃣ On-chain financial services expansion The Mantle platform continues to focus on the development and optimization of banking and on-chain financial services. This strategic positioning helps Mantle stand out in the highly competitive blockchain finance sector, potentially attracting more institutional and individual user interest.

From a technical perspective, after the MNT price broke through the $0.80 level, it continued to maintain a strong pump momentum, indicating strong buying support. However, investors should still be cautious of the potential pullback risks that may arise in the short term.

This message is not to be taken as investment advice; investors should be aware of market volatility risks.