Manta Network experienced a mixed third quarter in 2024, with a stark drop in DeFi Total Value Locked (TVL), which fell 95% from a peak of $684 million in March to just $36 million. Nevertheless, the $MANTA token’s market cap remains resilient at $227 million, with a fully diluted valuation (FDV) of $592 million. While financial metrics struggled, Manta Pacific saw a surprising uptick in network activity, largely fueled by GameFi. In Q3, Manta Pacific’s daily transactions soared by 551.8% to 479,400, while daily active addresses rose 440.5% to 62,300. Notably, GameFi accounted for 97.4% of transactions, with top games
The post Manta Network Sees Usage Surge Despite Sharp DeFi Decline In Q3 2024 appeared first on The Merkle News.
]]>Manta Pacific has experienced significant growth in activity, with nearly 140,000 daily active addresses on the chain, marking a 40% increase from the previous week. According to Grow the Pie data, Manta continues to hold its spot as the third-ranked Layer 2 network, trailing only Base and Arbitrum. Additionally, the chain has logged 334,000 daily transactions, further solidifying its position as a leading player among L2 networks. Manta 链上日活地址近 14 万，周环比增长 40%，持续排名所有 L2 第三
据 Grow the Pie 数据，当前 Manta Pacific 链上日活地址 14 万，较上周增长 40%，持续排名所有 L2 第三位，仅次于 Base、Arbitrum。当前 Manta Pacific 链上日交易笔数 33.4万。 Manta Pacific… pic.twitter.com/KwC4PgmTZT — Manta Network 中文社区（,）RWA ＆
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Early-stage projects building on Manta Network can receive up to $50,000 in grants.
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At the time of writing, the value of the crypto economy has reached $1.93 trillion, with bitcoin alone accounting for $1 trillion of this total. Bitcoin and ethereum have experienced increases of 4.2% and 5.3%, respectively. Meanwhile, a few crypto assets have posted even more significant gains against the U.S. dollar. DYM surged by 16.8%, […]
]]>In the past few days, several tokens, including $CTSI, $ONDO, $DOGE, $AMP, and $MANTA, have experienced noteworthy breakouts. Tokens on the rise often gain momentum when they have recently corrected or decreased in value, attracting attention from new traders and the wider public. This phenomenon can lead to FOMO-driven peaks or FUD-induced bottoms. 
Several tokens have seen mid-sized breakouts over the past few days, including $CTSI, $ONDO, $DOGE, $AMP and $MANTA. Pumping assets on the list have a significantly higher probability of correcting in the short-term, or bouncing if they have been dropping. This is (Cont) 
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The post Recent Surges In Tokens Spark Market Excitement, $CTSI, $ONDO, $DOGE, $AMP And $MANTA appeared first on The Merkle News.
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Manta Pacific’s ZK-application-focused network will integrate with the Polygon ecosystem through the Chain Development Kit software.
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Manta Network may be the first DEX to fully shield its activity from prying eyes.
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