Mantle Network: Scaling New Heights in Ethereum's Layer 2

Tuesday, February 18, 2025 2:00 PM UTC

Mantle Network is an L2 scalability solution built on top of Ethereum. It is a technology stack for scaling Ethereum. Mantle Network has been built with a modular architecture that combines an optimistic roll-up protocol with an innovative data availability solution.

Mantle Network: The Road Ahead

As of Feb. 2025, Mantle Network continues to advance as a leading Ethereum Layer 2 solution, with significant technical and ecosystem progress. Enhanced by transitioning to a zero-knowledge (ZK) validity rollup, scalability, and security are enhanced. Since it went live on the mainnet in July 2024, Mantle has seen over $2 billion in TVL, 175 million transactions processed, and 1.4 million smart contracts deployed.

New developments include the Omega Protocol for cross-margin borrowing and RIP-7212 for deeper Ethereum interoperability. The 2025 Mantle roadmap focuses on positioning it as the dominant liquidity chain for institutional finance, with a focus on AI-based use cases and tokenization of real-world assets. The engagement of communities is encouraged via the Mantle Scouts Program to enable early-stage crypto projects. The strategic focus of the network on innovation and growth of ecosystems positions it for future growth and leadership in the blockchain and DeFi sectors.

Whale Sightings: Major Investors Bullish on Mantle

Recent whale behavior on the Mantle Network shows increased confidence from major investors, evidenced in a thrilling surge in enormous MNT transactions (over $100,000). On-chain data shows such transactions went up from 120 to 150 in a 24-hour period, which is a sign of increased whale interest. Furthermore, MNT trading volume was approximately 14.8 million in 24 hours in early February 2025, which indicates the active involvement of whales in trading and accumulation of the token. Such activity signifies a strong belief in the potential of Mantle and its future development.

Any daily close above $1.55 confirms further bullishness.

MNTUSD prices are consolidating in a narrow range between $1.31 and $0.97 for the past two weeks.It hit an intraday high of $1.1041 and is currently trading around $1.1032.The pair is holding above the short-term (21 and 55-day EMA) and above the long-term moving average (200-day EMA).

The near-term resistance is around $1.15, any indicative breach above will take the pair to $1.25/$1.530/$2. On the lower side, immediate support is $0.90, and any violation below targets $0.70/$0.540/$0.450.

Indicators ( 4-hour chart)

Directional movement index - Bullish

It is good to buy on dips around $0.90 with SL around $0.70 for TP of $1.50/$2.