Gate News Bot Report, February 12 — According to CoinMarketCap data, at press time, MANTA (Manta Network) is trading at $0.08, up 22.87% in the past 24 hours, with a high of $0.08 and a low of $0.06. The 24-hour trading volume reached $35.2 million. The current market capitalization is approximately $37.1 million, an increase of $6.91 million from yesterday.
Manta Network is a modular blockchain for zero-knowledge applications. As the first modular L2 built on Ethereum using Celestia DA, Manta Network aims to reduce gas fees through modular design and deliver high performance at lower costs. The network has established a thriving ecosystem with over 200 projects including Galxe, iZUMi, Orbiter Finance, Pyth, and ApolloX. Users can stake MANTA to earn an APY of 14.7%, while also participating in community governance to shape the network’s future. Supported by top institutions like Polychain Capital, Manta Network continues to advance innovation in modular blockchain and zero-knowledge technology.
Recent Important News about MANTA:
1️⃣ Significant Ecosystem Development Supports Price Performance
Manta Network has integrated over 200 ecosystem projects, including leading applications like Galxe, iZUMi, Orbiter Finance, Pyth, and ApolloX. The growth of a robust ecosystem has strengthened the network’s fundamentals. A comprehensive ecosystem can enhance user engagement and network value, providing fundamental support for the recent price increase of MANTA.
2️⃣ Advantages of Modular Technology Align with Cost-Reduction Needs
As the first modular L2 on Ethereum utilizing Celestia DA, Manta Network effectively reduces transaction gas fees through its modular architecture. In a market where demand for low-cost chains persists, the technical advantages are recognized by investors, boosting buying interest.
3️⃣ Staking Yields and Institutional Support Reinforce Long-Term Bullish Outlook
A staking APY of 14.7% attracts long-term holders, encouraging them to lock in MANTA tokens and reducing liquidity pressure. Ongoing support from top investment firms like Polychain Capital provides confidence in the project’s quality, helping maintain positive investor sentiment.
This message is not investment advice. Please be aware of market volatility risks when investing.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
Lookonchain Weekly Report: Stablecoin Inflows Reach $53M Despite Trading Volume Decline
Gate News message, according to Lookonchain Weekly Report for April 20-26, 2026, liquidity remained flat with $53 million in stablecoin inflows. Both CEX spot and perpetual trading volumes experienced sharp week-over-week declines. Public companies added 4,189 BTC valued at $321.5 million during thi
GateNews8h ago
Gate Daily Report (April 27): Comments related to the Trump shooting incident boost the TRUMP coin; the U.S. Department of the Treasury will include Venmo in debt-inquiry donation payments
Bitcoin (BTC) sees a sharp short-term surge and rebound, temporarily trading at around $78,900 as of April 27. Trump’s provocative remarks about the shooting incident boosted the prices of meme coins such as TRUMP, MAGA, and DJT, because a carefully crafted narrative has once again come back into view. The U.S. Treasury has moved Venmo into the debt donation payment channel, after the previously strategic Bitcoin reserve bill stalled.
MarketWhisper23h ago
Justin Sun Skips Trump Memecoin Event Amid Legal Dispute with World Liberty
Gate News message, April 26 — Justin Sun, one of the largest investors in the TRUMP token, notably did not attend a memecoin-themed event hosted by US President Donald Trump at Mar-a-Lago in Florida this year, marking a significant shift from his prominent appearance at a similar event last year.
T
GateNews04-26 19:32
Spark Reports Q1 2026 Profit as Aave Faces $124M–$230M Attack
Spark protocol announced on its Q1 2026 financial report that it closed the first quarter in profit, reporting gross protocol returns of $31.5 million and a treasury of $46.1 million. The announcement comes as Spark has emerged as an unexpected beneficiary following a major security incident affecti
CryptoFrontier04-26 19:12
Aave, Kelp, LayerZero Propose Releasing $71M in Frozen ETH to Support rsETH Recovery
Gate News message, April 26 — A coalition of major DeFi protocols led by Aave Labs, joined by Kelp DAO, LayerZero, EtherFi, and Compound, filed a Constitutional AIP on Saturday morning asking the Arbitrum DAO to release approximately $71 million in frozen ETH to support DeFi United, a cross-protocol
GateNews04-26 14:33
Litecoin Undergoes Deep Chain Reorganization After MWEB Privacy Layer Zero-Day Exploit
Gate News message, April 26 — Litecoin experienced a deep chain reorganization on Saturday (April 26) after attackers exploited a zero-day vulnerability in its MimbleWimble Extension Block (MWEB) privacy layer, according to the Litecoin Foundation. The reorg spanned blocks 3,095,930 to 3,095,943 and
GateNews04-26 12:11
