Mantle token Sets All-Time High Post Mainnet Upgrade
Mantle’s token, MNT, climbs too historic heights at $1.71. The surge follows the network’s successful mainnet upgrade utilizing OP Succinct. Now the largest zero-knowledge rollup with a remarkable $2 billion in total value locked.
the transformation was made possible through the integration of OP Succinct’s technology. This enabled Mantle to adopt ZK proofs effectively. Edward li, Growth and BD Lead of Succinct, affirmed the importance of ZK in this upgrade. He noted how OP Succinct has been incorporated into Mantle’s mainnet.
The switch to a ZK rollup structure brings faster settlements and lower transaction fees. Mantle now offers one-hour finality and six-hour withdrawals, a important enhancement. Transaction costs have plummeted to about $0.002 each,thanks to reduced proving fees.
aiming to establish itself as a “Liquidity Chain,” Mantle seeks to draw in decentralized finance, real-world assets, and large-scale adoption. Its improved security and speed are expected to support this goal.
Data from TradingView shows a massive 8% increase for MNT post-upgrade.The Relative Strength Index indicates it’s not overbought yet,suggesting potential for further growth if demand persists.
While short-term market volatility due to profit-taking might occur, sustained interest in Mantle’s ZK rollup capabilities will be vital. Past performance indicated similar trends, such as the 18% spike when partnering with Bybit.
