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Recently, I took a look at the on-chain data for Mantle's third quarter, to be honest, there are some insights.
The competition in Layer 2 has changed. Competing on TPS? Competing on gas fees? Those are outdated tactics. The real battlefield lies in who can simultaneously bring funds, users, and actual application scenarios into their ecosystem.
The Mantle chain is making moves in all three dimensions. It’s not just about piling on technical parameters; it’s about finding ways to connect liquidity, active addresses, and narrative logic. This approach is completely different from many projects that can only shout slogans.
Data does not lie. Just look at the performance in Q3 to know that this chain is moving towards "usable" and "used by people", rather than remaining in the PPT stage.