Ethereum

Manta Network

Bitcoin

Base

Coin

You can also read this news on COINTURK NEWS: <a href="https://en.coin-turk.com/bitcoin-price-fluctuates-as-investors-prepare-for-manta-coin-listing/" data-wpel-link="internal">Bitcoin Price Fluctuates as Investors Prepare for Manta Coin Listing</a> 
Bitcoin price today dropped to $42,050 before climbing back to $43,000, and the fluctuation continues. We are not having a great day in the crypto markets, and this has been going on for 4 days. Although ETF volumes are not that bad, billion-dollar sales are shaking the markets. So what are investors doing? They are getting ready for the Manta Coin listing. 
<h2 id="manta-coin-review">Manta Coin Review</h2> 
<a href="https://en.coin-turk.com/binance-announces-full-withdrawal-from-russia-whats-next/" data-wpel-link="internal">Binance</a> announced yesterday the new project that could become the new favorite for those seeking speculative movements in calm markets. Manta Network has surpassed Base network, the fourth-largest Ethereum layer2 solution. 
The network, offering an annual return of 4-5% for Ethereum and USDC assets, will now also airdrop to early adopters. Additionally, participants in the Binance exchange’s staking pool will receive rewards. 
After launching its mainnet on September 10, 2023, Manta operates with zero-knowledge (proof). On December 22, 2023, it reached the highest number of transactions per second with 5.88 and surpassed 4.52 million transactions in the last 30 days. There is significant hype here, and we might see interesting price movements with the Binance listing. 
<h2 id="manta-and-base">Manta and Base</h2> 
According to L2Beat data, the total value locked (TVL) in the Manta network has surpassed the $754 million of Coinbase’s Base network. This means it has overtaken one of the most popular layer2 solutions. Below you can clearly see the growth rate of the TVL in the Manta network. 
<img loading="lazy" loading="lazy" decoding="async" class="size-full wp-image-303404 aligncenter" src="https://coin-turk.com/wp-content/uploads/2024/01/Manta-TVL.webp" alt="" width="850" height="540"> 
Users who locked ETH and USDC early in the blockchain will receive a total of 50 million Manta Coins. The Binance exchange will launch a total of 4 pairs, including TRY, on January 18. Considering Manta is a ZK network using Ethereum as the base layer and the recent popularity of zero-knowledge proofs, it has significant potential. Many projects will be worth watching in 2024, including Polygon’s zkEVM, Linea developed by Ethereum infrastructure provider ConsenSys, and Mantle Finance. 
On the other hand, interest in the restaking area is also increasing. We might see this token’s name quite a bit on the Binance exchange on January 18 and the following days. 
<h5>The post first appeared on COINTURK NEWS: <a href="https://en.coin-turk.com/bitcoin-price-fluctuates-as-investors-prepare-for-manta-coin-listing/" data-wpel-link="internal">Bitcoin Price Fluctuates as Investors Prepare for Manta Coin Listing</a></h5>

Bitcoin Price Fluctuates as Investors Prepare for Manta Coin Listing

Table of Contents

COINTURK NEWS

Other articles published on Jan 16, 2024

Top NFT News Today – 16 January, 2024

XRP price at risk as investors react to US government affiliation

70% of Cryptos Launched in Previous Bull Run Failed: Report

Coinbase & Bitcoin ETFs: a risk of centralization?

Large Bitcoin Wallets Move Old BTC Amid Market Uncertainty

NFT & Fashion: 50 luxury brands in competition

Join our free newsletter for daily crypto updates!