top of page

Manta Network’s Ethereum Layer 2 Blockchain Exceeds $900M in TVL

Manta Pacific, the native Layer 2 modular blockchain of Manta Network, has witnessed a massive increase in Total Value Locked (TVL) over the last quarter. Launched just under four months ago, in October 2023, Manta Pacific’s TVL started at a modest $10 million. However, it has now surged past $900 million, solidifying its position as one of the fastest-growing Layer 2 solutions in the Ethereum ecosystem. The explosive growth in TVL can be attributed to Manta Network’s strategic initiative known as the “New Paradigm” campaign, which saw a staggering $850 million bridged within a mere three weeks. Manta Network has been gaining significant attention recently due to its efforts in the realm of modular blockchains.


Check out the hashd app. It gives you important crypto news and updates in short, simple and easy to read slides. Amazing!


Kommentare


bottom of page