In the past bull market, $BNB successfully transitioned from a platform token to one of the core assets in the crypto market with Binance's backing and ecosystem building. So, who is the next project with similar potential?

My answer is: Mantle ($MNT).

Not because it is the new 'platform token,' but because it does more, is more open, and is more natively Web3 based on BNB.

One, the underlying logic of BNB's success.

Let's first look at how BNB reached the top:

  • Binance's traffic and user support naturally bring huge liquidity.

  • Build the BSC ecosystem and promote DeFi prosperity.

  • Users holding BNB can enjoy multiple benefits, such as fee discounts and Launchpad subscription rights.

  • Founder CZ's personal IP brings trust endorsement to the brand.

Do these traits also appear in Mantle?

Two, Mantle is bound to Bybit, enjoying platform-level resource dividends.

Since the launch of $MNT, Bybit has been closely collaborating with Mantle. Bybit is currently the world's fourth-largest centralized exchange (CEX) reserve platform, and its financial strength should not be underestimated.

Though Mantle is not a wholly-owned subsidiary of Bybit, the close relationship between the two has become the underlying driving force behind the development of $MNT.

Three, Mantle ecosystem: more open, more Web3, more compatible.

  • Relying solely on exchanges is not enough; for $MNT to become the core of the ecosystem, it must have more practical scenarios.

The Mantle team has completed several key deployments:

  • Integrate EVM compatibility: developers can easily migrate projects, reducing migration costs;

  • Connect leading Web3 protocols: multiple projects, including DeFi, NFT, and GameFi, have been deployed;

  • User experience seamless integration: integrated design of wallet, bridging, cross-chain, DeFi entry, etc.

This makes Mantle a highly usable Layer 2 ecological platform.

Four, the core value empowerment model of $MNT.

$MNT is not only a 'platform token' but also the core fuel of the entire ecosystem.

  • For paying on-chain gas fees.

  • Stake $MNT to participate in the 'Rewards Station' to earn ecological incentives.

  • Participate in on-chain governance proposals by holding coins.

  • Incentivize protocol developers and ecosystem builders.

In short: $MNT is not just a speculative tool; it is a true 'certificate of participation in production relations.'

Five, personal IP: Bybit's Ben is growing into the next CZ.

When talking about BNB, everyone thinks of CZ, and trusting this person is one of the important reasons why many hold BNB. So, who is the spiritual banner behind $MNT?

The answer is: Bybit's co-founder Ben Zhou (@benbybit).

In recent years, Ben has continuously appeared in major media and communities, gradually shaping his influence in the Web3 field—his growth will also inject continuous confidence into Mantle.

Six, social ecology: Mantle's KOL strategy on platform X is a 'bonus point'.

Compared to BNB's relatively centralized dissemination strategy back in the day, Mantle adopts a more Web3 spirit KOL linkage and incentive system on social media.

  • Launch the Kaito Campaign to incentivize 'Yappers' on platform X to produce content;

  • Open the Ambassador Program to let community KOLs participate in ecosystem growth;

  • Incentivize real users to share their experiences, rather than cold-start airdrop players.

  • This 'KOL + Web3 native' strategy has created a more community-consensus-driven ecological atmosphere.

Conclusion:

  • $MNT is not the next $BNB , it is the 'more open, more distributed, smarter' platform token 2.0 version.

  • With Bybit's support, an EVM-compatible ecosystem, a clear token value model, and a combination of social dissemination, Mantle has strong potential to break into the Top 10.

What we see may just be the beginning.