Latest Metal DAO (MTL) News Update

Deep Dive

1. Jovian Hardfork Scheduled (25 November 2025)

Overview: Metal L2’s Jovian Hardfork (Upgrade 17) will implement Optimism’s OP Stack improvements on 25 November, targeting faster transaction finality and enhanced cross-chain communication. This aligns Metal with Ethereum’s evolving Layer 2 standards.

What this means: Bullish for MTL as technical upgrades could attract developers and users seeking scalable financial infrastructure. Success hinges on seamless implementation and adoption post-upgrade. (Metal L2)

2. Liquidity Incentives Deadline (29 October 2025)

Overview: Metal DAO’s recurring Velodrome liquidity mining program required voters to allocate 10,000 $MTL weekly rewards by 29 October, incentivizing migration from Ethereum to Layer 2.

What this means: Neutral-to-bullish – while incentives boost short-term liquidity, sustained impact depends on retaining users post-rewards. Track Layer 2 TVL and $MTL’s circulating supply redistribution. (Metal L2)

3. DeFi Integrations Expand (7 July 2025)

Overview: July’s integrations with Velodrome (DEX), Ionic (lending), and OKU (cross-chain trading) aimed to position Metal L2 as a bridge between TradFi and Ethereum.

What this means: Neutral long-term – partnerships expand utility but require time to translate into usage. Monitor transaction volumes and protocol-specific $MTL use cases. (Metal L2)

Conclusion

Metal DAO’s focus on technical upgrades and liquidity incentives reflects a push to solidify its Layer 2 niche, though price action remains subdued (-36.44% past 90 days). The Jovian Hardfork’s execution and post-upgrade adoption will likely dictate near-term momentum. Can Metal L2 carve a sustainable niche amid Ethereum’s scaling competition?

Deep Dive

1. @Metal_L2: Jovian Hardfork upgrade incoming 🚀 bullish

"Jovian Hardfork (Upgrade 17) is coming soon to Metal L2 […] Tue 25 Nov 2025 16:00:01 UTC"
– @Metal_L2 (4,539 followers · 2,143 likes · 2025-10-27 21:51 UTC)
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What this means: This is bullish for $MTL because OP Stack alignment could enhance interoperability with Ethereum ecosystem projects, potentially attracting new developers and liquidity.

2. @Metal_L2: $MTL liquidity voting incentives 💸 neutral

"Ensure you get your share of 10,000 $MTL in incentives each week […] vote on Metal L2 liquidity pools"
– @Metal_L2 (4,539 followers · 2,143 likes · 2025-07-23 21:10 UTC)
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What this means: This is neutral for $MTL – while incentives may temporarily boost engagement, sustained price action depends on whether voters hold or sell their rewards.

3. CoinMarketCap Community: Bullish technical setup 📈 bullish

"MTL has broken out of descending triangle […] Ichimoku Cloud acting as strong support"
– Posted 2025-07-20 13:04 UTC
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What this means: This is bullish for $MTL as the technical pattern suggests accumulation, though the analysis predates recent price declines (-35.98% 60d).

Conclusion

The consensus on $MTL is mixed, balancing network upgrades against weak price momentum. While governance activity and technical upgrades show foundational progress, the token’s -51.97% yearly return underscores adoption challenges. Watch the Jovian Hardfork’s mainnet activation on 25 November 2025 – successful implementation could validate Metal L2’s position as Ethereum’s "banking layer."

Deep Dive

1. Jovian Hardfork Upgrade (18 & 25 November 2025)

Overview:
Metal L2 will implement the Jovian Hardfork (Upgrade 17) in two phases:
- 18 November 2025: Initial deployment aligning with OP Labs’ latest Optimism Stack release (Metal L2).
- 25 November 2025: Finalized upgrade to improve transaction finality and cross-chain interoperability.

What this means:
This is neutral-to-bullish for MTL as protocol upgrades typically reduce operational risks and attract developers. However, execution risks (e.g., potential downtime during migration) could temporarily pressure sentiment.

2. Ongoing Ecosystem Incentives

Overview:
Metal DAO allocates 10,000 MTL weekly to Velodrome liquidity providers who vote on pool incentives (Metal L2). This program aims to deepen liquidity for MTL and partner assets like ETH/USDC.

What this means:
Bullish for MTL demand – stakers and voters must hold MTL to participate, creating buy pressure. However, rewards could dilute value if participation lags behind emission rates.

3. Grants Program Expansion

Overview:
The Metal L2 Grant Fund supports projects building BSA-compliant tools, including fiat gateways and identity solutions. While no new deadlines are announced, the DAO votes quarterly on fund allocations (Metal DAO docs).

What this means:
Bullish long-term – successful grants could expand Metal L2’s use cases in regulated finance. Bearish risks include slow developer adoption or regulatory shifts affecting compliance-focused projects.

Conclusion

Metal DAO’s roadmap prioritizes technical upgrades (Jovian Hardfork) and ecosystem incentives to strengthen its position as Ethereum’s compliance-focused L2. With MTL down 50% YoY despite these efforts, watch November’s upgrade execution and Velodrome TVL trends for adoption signals. Could stricter BSA compliance become a unique moat – or a growth limiter in less-regulated markets?

Deep Dive

1. Mainnet Migration to Metal L2 (June 2024)

Overview: Metal DAO migrated from Ethereum to its own Layer 2 blockchain, part of the Optimism Superchain, to enhance transaction speed and regulatory compliance.

The migration involved deploying a new RPC endpoint (rpc.metall2.com) and chain ID (1750), enabling interoperability with traditional finance systems. The upgrade prioritized BSA compliance, integrating tools like Metal Pay for fiat on-ramps and Metal Identity for decentralized credentials.

What this means: This is bullish for MTL because it positions the protocol as a bridge between TradFi and DeFi, potentially attracting institutional users. The L2’s lower fees and faster transactions could boost adoption.
(Source)

2. Smart Contract Upgrade (June 2024)

Overview: A snapshot of Ethereum-based MTL v1 tokens (contract: 0xF43308...) was taken on 24 June 2024, followed by a 1:1 airdrop of MTL v2 tokens (contract: 0xBCFc43...) on Metal L2.

The upgrade included audits for the new token contract and backward-compatible wallet support (e.g., MetaMask, Coinbase Wallet). Exchanges like Metal Pay and WebAuth automatically handled the migration.

What this means: This is neutral for MTL as it’s a technical transition rather than a feature expansion. However, seamless migration reduces user friction and maintains liquidity during the shift.
(Source)

Conclusion

Metal DAO’s codebase shifts reflect a strategic pivot toward scalable, compliant infrastructure. While no recent updates post-June 2024 are documented, the L2 migration lays groundwork for future DeFi-TradFi integrations. How might Metal L2’s compliance tools influence its adoption in regulated markets?