Mantle’s Return?

Mantle (MNT), an @Ethereum Layer 2 network, is making a comeback. After a quiet stretch, both the project and its native token are back in the spotlight. MNT was launched in 2023 and has seen a few sharp rallies, followed by corrections. But in July, the price jumped from $0.56 to $0.94 by Aug. 6 — a gain of roughly 68%.#Ethereum $ETH

Network metrics also point to increased activity. According to Nansen, Mantle ranked second in active user growth over the past 30 days. Both transaction volume and network fees rose, signaling renewed usage. Mantle even outperformed its competitor @Arbitrum Foundation $ARB in user growth, though both posted similar fee volumes.#Arbitrum

This could suggest that Ethereum L2s are finally getting the investor attention they’ve been waiting for.