Mantle is nearing its first major network upgrade of the year, a mainnet update designed to support all features of Ethereum’s Fusaka upgrade. Scheduled to go live this week, the upgrade could improve utility and scalability, potentially attracting new users and increasing on-chain activity. The move positions Mantle to compete for broader user engagement in a growing Layer-2 landscape.

The upgrade may act as a catalyst for MNT’s price, which is trading near $0.99 with early upward pressure. To recover roughly 14% in recent losses, MNT must decisively breach $1.04; clearing that level would open a path toward $1.11 and signal renewed bullish momentum. Investors will watch liquidity dynamics as the upgrade unfolds.

MANTRA token migration may concentrate liquidity and spark short-term OM moves. OM has posted early-month strength, trading near $0.078 as MANTRA prepares a major network transition, and the migration aims to establish MANTRA Chain-native OM as the sole canonical token. If investor confidence improves, OM could advance toward $0.083, a level that must be reclaimed to support further upside momentum. Downside risks remain if market confidence weakens, with Chaikin Money Flow signaling capital outflows and potential slips below $0.077.

Follow NOW

Leave a Reply

More Articles

follow now

Trending

Discover more from Rich by Coin

Subscribe now to keep reading and get access to the full archive.

Continue reading