Manta Network (MANTA) is marketed as offering enhanced transaction speeds compared to Layer 1 (L1) solutions and reduced gas costs compared to Layer 2 (L2) solutions.
The project has since been the subject of several major announcements, including the MantaDEX release. The price has since risen to $2.43, accompanied by a 24-hour trading volume of $674 million, a 20.4% increase.