Today, Mantle (MNT), the native currency of the Ethereum Layer-2 network, experienced an impressive surge, reaching a record high of $0.949, according to data from Coinmarketcap. The primary driver behind this notable price increase is the growing awareness of the Ethereum Layer-2 ecosystem and the various applications offered by Mantle. Functioning as an L2 scalability solution on the Ethereum blockchain, the Layer-2 network has witnessed substantial growth since its mainnet launch in July of the previous year. CoinGecko data reveals that it currently holds the sixth position among the largest Layer-2 chains, boasting a total locked value exceeding $219 million.
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