Manta Network Layer 2 Abandoned?
- Manta Network (
$MANTA ) is one of the L2 projects pioneered by ZK Roll-Up technology at one time and also one of the projects that Vitalik was quite Bullish about a while ago. So is Manta Network still worth investing in?
Some of Manta's outstanding technologies:
Using Celestia for Data Availability (DA): This is the biggest difference of Manta Pacific. By using Celestia to store transaction data, Manta significantly reduces costs, making gas fees much cheaper than other traditional Layer 2s.
EVM Compatible: Manta Pacific allows developers to use Ethereum's popular Solidity language to build ZK applications. This makes it easier for projects to migrate to Manta.
Universal Circuits: Allows integration of ZK functions into existing DApps with a simple API/SDK set, making ZK technology adoption easier and more widespread.
Maybe the market forgot to push Manta when ZK or STRK have had a recent uptrend, so is
$MANTA worth buying at the moment?
=> Looking at the chart, MANTA is still in the accumulation zone, there has been a time when the buying volume exploded, as Golden had previously given insight that the market may soon push the Chart DIE goods and Golden is also putting MANTA on the Watch List at the moment waiting for a "Charity Pump" from the position of Manta's MM like the way MMs drive XRP, ZEC, ZEN....
This is Vuong's perspective on the project so everyone is happy, if you are holding
$MANTA , give Golden a hand so Vuong can join the boat with you
#DYOR $MANTA $ENA