Mantle Price

Mantle (MNT) is a cryptocurrency that operates on the Ethereum platform. It was launched in August 2021 as part of the Mantle ecosystem, which aims to build a sustainable hub for on-chain finance. Mantle serves as the native token of the Mantle Network, powering its Layer 2 scaling solution and decentralized finance (DeFi) applications. As of 2026-05-02, Mantle is ranked 43 among all cryptocurrencies with a price of $0.6317 and a market capitalization of $2.08B. The token has seen a 24-hour price change of +0.42%, with a trading volume of $70.49K in the past day. Mantle has a circulating supply of 3.3B MNT tokens out of a total supply of 6.21B MNT. The maximum supply is capped at 6.21B MNT. The token reached its all-time high of $2.86 on April 8, 2024, and its all-time low of $0.3079 on July 31, 2023. The Mantle ecosystem includes core products such as the Mantle Network, mETH Protocol, and FBTC, which aim to leverage blockchain technology to create next-generation banking solutions. The project is supported by the Mantle Treasury, which holds over $4.3 billion in assets and actively funds core product development and ecosystem growth.

Mantle was created on August 16, 2021. It was launched as a Layer 2 scaling solution on the Ethereum blockchain, aiming to provide faster and more cost-effective transactions while maintaining Ethereum's security. Since its inception, Mantle has grown to become one of the leading Layer 2 networks in the cryptocurrency ecosystem, with a current market cap of $2.08B as of 2026-05-02. The MNT token serves as the native currency of the Mantle network, used for gas fees, staking, and governance.

The founders of Mantle (MNT) are Tieshun Roquerre and Arjun Bhuptani. They co-founded Mantle Network in 2021 as a Layer 2 scaling solution for Ethereum. Tieshun Roquerre, also known as 'TJ', previously founded Namebase, a domain registrar for Handshake domains. Arjun Bhuptani has a background in blockchain development and previously worked on projects like Connext Network. Together, they aimed to create a more efficient and sustainable blockchain infrastructure with Mantle, focusing on improving scalability and reducing transaction costs on Ethereum. The project has since evolved into a broader ecosystem for decentralized finance and Web3 applications.

Mantle operates on a Layer 2 scaling solution built on Ethereum, utilizing optimistic rollups to enhance transaction speed and reduce costs. The MNT token serves as the native currency for gas fees and governance on the Mantle network. It employs a proof-of-stake consensus mechanism, allowing token holders to stake their MNT to secure the network and earn rewards. The Mantle ecosystem includes key components like the Mantle Network, mETH Protocol, and FBTC, which work together to create a sustainable hub for on-chain finance. With a circulating supply of 3.3B MNT and a total supply of 6.21B MNT, Mantle aims to provide robust liquidity and financial stability through its community-owned treasury. The network's focus on sustainable yield, deep liquidity, and financial utility has positioned it as a promising platform in the blockchain space.

Mantle utilizes a modular blockchain architecture with a Layer 2 rollup design on Ethereum. Its key components include: 1. Data Availability Layer: Ensures data is always accessible for transaction verification. 2. Execution Layer: Processes transactions and smart contracts efficiently. 3. Settlement Layer: Finalizes transactions on Ethereum mainnet for security. 4. Fraud Proof System: Detects and prevents invalid state transitions. 5. Bridge: Enables seamless asset transfers between Mantle and Ethereum. 6. Sequencer: Orders transactions for optimal throughput. This architecture allows Mantle to achieve high scalability and low transaction costs while inheriting Ethereum's security. The network can process thousands of transactions per second with near-instant finality. Mantle's modular design also enables future upgrades and optimizations without disrupting the entire system.

The future of Mantle (MNT) looks promising. The project is focused on building a sustainable hub for on-chain finance through its core products: Mantle Network, mETH Protocol, and FBTC. Key milestones on the roadmap include: 2027: Expanding ecosystem partnerships and integrations to enhance liquidity and financial utility. 2028: Launching new DeFi products and services on the Mantle Network to drive adoption. 2031: Achieving significant growth in total value locked (TVL) and daily active users. Mantle aims to leverage its large community-owned treasury (over $4.3 billion in assets) to fund development and foster growth of asset partners. This strategy is expected to boost sustainable yields and deepen liquidity on the network over time. Price predictions: 2027: $0.7296 $0.981 2031: $1.2 2036: -- As Mantle continues to innovate in the Layer 2 and DeFi space, it has potential to become a major player in the next generation of blockchain-based financial infrastructure.