CoinGeckoMantle Crypto (MNT) is the latest digital asset added to the Coinbase roadmap, which historically serves as a precursor to a token being listed on the second-largest crypto exchange.
crypto is a modular Layer-2 EVM blockchain that utilizes ‘Optimistic Rollup’ technology to batch transactions off-chain and batches them for settlement on Ethereum. It is up 10% overnight following the Coinbase listing news.Assets added to the roadmap today: Mantle (MNT)https://t.co/rRB9d3hSr2
— Coinbase Assets 🛡️ (@CoinbaseAssets) April 24, 2025
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Layer-2 Crypto Protocol Mantle (MNT) The Latest Coinbase Roadmap Addition – Surges 10% In Response
Following the news of the Coinbase exchange listing, Mantle crypto spiked 9.5% overnight, continuing its bullish momentum over the past few weeks. On a 14d timeframe, Mantle crypto is up 15%, showing great strength during this wider market recovery that has seen BTC recover $90k and holding steady above $93k.
As a L2 network, Mantle undoubtedly has grown to become a top 30 chain, per DefiLlama. Sitting at number 28, ahead of the likes of dYdX and ThorChain, Mantle holds a Total-Value Locked (TVL) of $236 million.
‘Mantle Liquidity Staking Protocol (LSP)’ is most commonly known as a strong DeFi chain, which allows users to stake ETH and receive yield-bearing mETH.
With its latest surge in price, MNT is now the 50th largest cryptocurrency by market cap, per CoinGecko. It has a market cap of $2.5 billion and has processed over $387m in daily volume – mostly on ByBit and MEXC exchanges.
Coinbase listing will bring fresh liquidity and validity onto the token, with Coinbase being the second largest exchange in the world, behind Binance.
Its userbase is predominantly within the US and is reportedly one of the higher net-worth userbases across all crypto exchanges, giving Mantle unparalleled exposure.
Even with this recent bullish price action for Mantle crypto, it still has a long way to recover from all-time high levels achieved back in April 2024.
MNT is down 51% from those levels, when it hit $1.54 on April 8. In early January this year, it made an attempt but was rejected at $1.4 before beginning a two-month skid that took it as low as $0.65.
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Key Takeaways
- Layer-2 crypto protocol Mantle (MNT) the latest Coinbase roadmap addition – Surges 10% in response.
- Is this new web3 OnlyFans competitor the best crypto buy in 2025?
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