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
Bitcoin falls below 67,000 USDT, down 1.46% intraday
Gate News message, on March 31, according to market data, Bitcoin fell below 67,000 USDT, and is currently at 66,974.88 USDT, with a daily decline of 1.46%.
GateNews4m ago
Important Binance Update Concerning Ripple (XRP) and Other Altcoin Traders: Details
The world’s leading cryptocurrency exchange is set to delist certain trading pairs this week.
Some of the digital assets that will be affected by the initiative include Ripple (XRP), Bitcoin Cash (BCH), and Avalanche (AVAX).
The Upcoming Amendment
----------------------
Binance will remove the
CryptoPotato2h ago
Q1 2026 Token Sales Performance: Unitas Labs Leads with 32.95x Return While Several Projects Trade Below Raise Price
Gate News bot message, Q1 2026 token sales data shows Unitas Labs achieved the highest return at 32.95x with $13M raised, followed by Perle at 16.39x with $17M raised. Sentient raised $92M and recorded 1.72x, while Infinex raised $72M at 1.17x. Flying Tulip raised $446M trading at 0.98x, Espresso ra
GateNews4h ago
BTC drops below 67,000 USDT, and the 24-hour price increase narrows to 1.03%
Gate News update: On March 30, market data shows that BTC has fallen below the 67,000 USDT level and is currently trading at 66,982.7 USDT. The 24-hour gain has narrowed to 1.03%.
GateNews6h ago
BTCC TradFi Hits $200M Volume and Celebrates with Zero-Fee Campaign on Gold and Silver
BTCC announced its TradFi product surpassed $200 million in trading volume since launch. To celebrate, it introduces a zero-fee trading campaign for XAU and XAG pairs, allowing users to earn up to 10 grams of gold. The campaign runs from March 5 to 19, 2026.
CryptoPotato7h ago
