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Manta Network's Remarkable 2024: A Year in Review

2024 was a landmark year for Manta Network, marked by bold innovation, rapid growth, and a thriving global community. As the first and largest Ethereum Layer 2 (L2), Manta not only pushed the boundaries of scalability and modular design—but also redefined what a community-driven blockchain ecosystem could look like.

One of Manta’s standout achievements was becoming the first L2 to integrate Celestia for Modular Data Availability (DA). This groundbreaking move set a new industry standard for data efficiency within the Ethereum ecosystem. The impact? A record-breaking $2.4 billion in TVL by Q1, and over $10 million saved in gas fees, thanks to Manta’s innovative modular framework.

Throughout the year, Manta consistently held its position among the top 3 OP Rollups, powered by unmatched efficiency and reliability. With over 1 million daily transactions and more than 250 projects deployed, Manta Pacific emerged as the go-to destination for high-performance dApps. Fueling this momentum, the $50 million EcoFund by the Manta Foundation provided essential support to early-stage builders through direct investments and grants.

Community remained at the heart of Manta’s success. Flagship campaigns like New Paradigm, Manta CeDeFi, Gas Gain, and Manta Expedition catalyzed user engagement at scale—New Paradigm alone drove TVL from $30M to $2.4B. On the technical front, the rollout of MultiDA integration, Fast Finality, and STOP (Sequencer Threat Overwatch Program) added new layers of security and performance.

Manta also brought culture into the chain. Events like MEMEta Szn created space for cross-community fun and collaboration, turning blockchain into a social playground. Meanwhile, the launch of Manta AI and Real World Assets (RWAs) like wUSDM opened doors to institutional interest and broader real-world integration.

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