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Price (USD)
$0.733368Circulating Supply
$379.0448MVolume (24h)
$44.2716MMarket Cap
$277.9795MLow/High 24h
$0.673303 - $0.732107Change (24h)
$0.0404939The cryptocurrency space constantly comes up with new projects that bring innovation and improvement to the crypto industry. Manta is the most recent in a growing number of new blockchains that provide cheaper, faster transactions than well-known networks like Ethereum. The Manta network is a brand new project that recently launched its mainnet in September, 2023. It is the modular ecosystem for Web3. Thanks to its features, users can build and deploy any Solidity-based decentralized applications. The new network immediately garnered a lot of attention in the field. Let’s take a closer look at MANTA crypto and the project’s characteristics.
Manta Network is offering a modular solution that prioritizes scalability. Conventional blockchains frequently experience capacity and transaction speed issues, which cause congestion during periods of high usage. Manta's novel solution to this problem is a modular architecture that permits effective growth without sacrificing functionality. This implies that there won't be any delays or bottlenecks as the network expands and can accommodate a higher volume of transactions.
Manta Network works on developing and implementing ZK applications. Manta Network offers the infrastructure required for Zero-Knowledge (ZK) application development and deployment by utilizing its cutting-edge technology. This makes it possible for programmers to design decentralized apps that put efficiency, security, and privacy first.
In addition to that, Manta Network's modular architecture makes it possible for it to constantly adjust to shifting needs, guaranteeing that users can engage with the ecosystem in a smooth and uninterrupted manner. For instance, in the event of a spike in transaction volume, the network can quickly reconfigure its resources to handle the extra demand while preserving peak performance.
Apart from scalability, interoperability is also a key feature of Manta Network, enabling smooth communication and transactions between various blockchains. Because it is interoperable, users and developers can take use of numerous blockchain platforms without any limitations.
For its end users, Manta Network has a number of useful features:
Manta attracted nearly $1 billion worth of Ether (ETH) for its Layer-2 network New Paradigm, driven by an airdrop program to those who transferred funds to the platform. In a significant development, Manta Network initiated the launch of its native token, MANTA, last week. With a total token supply capped at 1 billion and an annual inflation rate set at 2%, MANTA crypto has been strategically positioned to serve various functions within the ecosystem.
With its smart tokenomics, the MANTA token will be essential to operations like staking, transaction fees, and liquidity provision. As a result, it will support the development of a thorough and long-lasting ecosystem within Manta Network. The goal of MANTA's debut is to increase user participation and engagement across a range of decentralized applications and services as the platform develops pace.
It’s clear that Manta Network capitalizes on its predecessors’ failures and brings the best technology to the table. Manta Network places a high priority on privacy. Users can conduct their activities with peace of mind regarding data safety as the platform sees secure and confidential transactions as a paramount aspect of its functionality. Moreover, beyond simply ensuring privacy, Manta Network places significant emphasis on user anonymity within its ecosystem. These features will undoubtedly be sought after in the future.
Manta Network actively expands its ecosystem through partnerships, fostering collaboration with other blockchain projects. By teaming up with various platforms and protocols, Manta aims to create a robust network that offers enhanced utility and adoption. This, in turn, will drive the coin’s price up. Experts at DigitalCoinPrice believe that Manta Network coin will cost $26.64 by 2030 at its peak, and it’s one of the moderate expectations on the market
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