MantaPacific is TOP PERFORMING #L2 in the last 7Days. đ
@MantaNetwork TVL surged to a staggering +20.16% earlier this week, overtaking Coinbase $BASE with just 10.26%.Â
We should remember that five months after the launch of $MANTA , Manta Pacific overtook Coinbaseâs base network to become the second-largest Layer 2 network. đ€©
âłManta's current TVL: $547.03M
âïžManta's ATH TVL:$2.42B
Currently, the #Manta ecosystem has a total value locked (TVL) of $547 million, a significant decline compared to its peak TVL in March. The decline can largely be attributed to the conclusion of its New Paradigm crypto yield program, which saw users withdraw their funds en mass after the yields were harvested and negative market sentiment about the market:
ANALYSIS: Manta Network's main focus is on encouraging projects to build on its ecosystem and supporting the more than 257 projects that are already onboarded. They are purely focused on helping these ecosystem products grow. I believe it's just a matter of time until MANTA flips every L2 and becomes the largest market share across all #Layer2 chains.Â
