Mantle, as tracked by CoinGecko, is the latest digital asset added to the Coinbase roadmap. This is the all-new token that you will be able to find in the corpus of the second-largest crypto exchange.
Mantle is a modular Layer 2 EVM blockchain that utilizes a technology called Optimistic Rollup. This creates a seamless connection between on-chain and off-chain transactions. This feature has significantly benefited the blockchain, resulting in a 10% overnight growth.
Even amidst such a tumultuous market situation. Mantle has managed to spike its price by 9.5%. While some users suggest that this is due to listing, others believe that this recovery is a result of the broader market recovery.
As one of the L2 networks, Mantle is already in its recovery stage. As a result, the token has managed to become one of the top 30 tokens in the DeFi landscape. Moreover, CoinGecko has listed MANTLE as one of the 50 largest cryptocurrencies by market capitalization.
All in all, Mantle is a good token to keep your eyes on. Therefore, if you are a casual investor, consider exploring the nuances of Mantle.