Manta Network, a modular ecosystem within the Web3 space, is featured in CoinGecko's Trends Report for January 18th.
Manta Network (MANTA) is touted to increase transaction speeds compared to Layer 1 (L1) solutions and reduce gas costs compared to Layer 2 (L2) solutions.
Since then, the project has been the subject of several big announcements, including the MantaDEX release. The price then rose to $2.43, and 24-hour trading volume increased by 20.4% to $674 million.
MANTA's price performance over the past seven days continues to outperform the global crypto market, which has declined by 5.9%.Regarding Like the similar Binance Launchpool cryptocurrency, Manta Network also outperforms the average 0% returns experienced by comparable coins. Manta Network's all-time high was recorded on January 18th at $2.72, about 10.5% higher than the current price.
This milestone coincided with an event scheduled for January 18 to thank long-time supporters of Manta's two networks, Manta Pacific and Manta Atlantic. This effort commemorates and acknowledges the staunch supporters of Manta Pacific, characterized as a Layer 2 modular blockchain, and his Manta Atlantic, a zero-knowledge Layer 1 chain intricately built on the Polkadot platform. It is said that there is.
This news further highlights Manta Pacific's impressive growth, with total value locked up 70x over the past quarter.