Manta Network is a modular blockchain ecosystem, consisting of two main components:
• Manta Pacific: A Layer 2 on Ethereum, utilizing Optimistic Rollup technology and integrating Celestia to reduce data storage costs.
• Manta Atlantic: A Layer 1 on Polkadot focused on providing ZK tools for Web3 applications.
Both networks provide ZK tools such as Universal Circuits and zkSBTs, enabling developers to easily deploy ZK applications.
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📊 Market Statistics (updated on 11/5/2025)
• Current Price: ~$0.30756
• Market Capitalization: ~$127.5 million
• 24h Trading Volume: ~$33.3 million
• Circulating Supply: ~412.58 million MANTA
• Max Supply: 1 billion MANTA
• All-Time High (ATH): $4.07 (12/3/2024)
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🔍 Technical Analysis and Ecosystem
1. Advanced ZK Technology
Manta Network utilizes ZK technologies such as zkSNARKs to provide privacy and scalability for Web3 applications.
2. Diverse Ecosystem
Manta Network has built a diverse ecosystem with over 200 decentralized applications (dApps) operating on Manta Pacific, covering areas such as DeFi, NFT, and other ZK applications.
3. Tokenomics and Governance
MANTA Token is used for the following purposes:
• Staking: Ensuring network security.
• Transaction Fees: Paying fees on Manta Atlantic.
• Governance: Participate in network governance decisions.
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📈 Opportunities and Challenges
✅ Opportunities
• Growth Potential: With the adoption of ZK technology and ecosystem expansion, Manta Network has strong growth potential in the future.
• Support from major investors: The project has raised over $60 million from funding rounds, with participation from investment funds such as Polychain Capital, Binance Labs, etc.
⚠️ Challenges
• Competing in the ZK space: Manta Network must compete with other projects like zkSync, StarkNet, etc.
• Market Volatility: The price of MANTA has significantly decreased from its ATH, reflecting the volatility of the crypto market.
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🧭 Conclusion
Manta Network is a promising project in the blockchain space, especially in leveraging ZK technology to enhance privacy and scalability. However, investors need to exercise caution before investing, especially given the volatile nature of the crypto market.