Trader Bullish on Mantle Network (MNT) Amid Ethereum’s Altcoin Surge

• Altcoin Sherpa predicts Mantle Network (MNT) will surge beyond its all-time highs, boosting investor confidence.
• Mantle Network’s Mainnet v2 upgrade aims to tackle Ethereum’s issues with high gas fees and slow transactions.

Mantle Network (MNT), a prominent layer-2 blockchain project, is capturing the attention of investors and analysts alike. Renowned crypto strategist Altcoin Sherpa has expressed bullish sentiments towards MNT, indicating a potential surge beyond its all-time highs (ATHs). With a current trading value of $1.30, MNT is down 1% in the last 24 hours, yet Sherpa’s endorsement suggests a promising trajectory for the token.

$MNT: Going to buy some more mantle here. I think this continues to grind up beyond ATHs, still 1 of the strongest coins. pic.twitter.com/tqzegNZrzK

— Altcoin Sherpa (@AltcoinSherpa) April 9, 2024

Altcoin Sherpa, a respected voice in the crypto community, recently shared insights regarding Mantle Network’s performance. In a straightforward statement to his audience, Sherpa conveyed his intention to acquire more MNT tokens, underscoring his belief in the token’s robustness. He confidently asserted that MNT possesses the potential to surpass its previous ATHs, solidifying its position as one of the market’s strongest performers.

Mantle Network (MNT) attained its ATH of $1.54 on April 8th, marking a significant milestone in its price trajectory. Despite a minor decline in value over the past 24 hours, MNT continues to garner attention within the crypto sphere. The token remains within reach of its peak performance, fueling speculation regarding its future trajectory. The endorsement from Altcoin Sherpa has resonated positively within the Mantle Network community and beyond. Many investors and enthusiasts perceive Sherpa’s proclamation as validating their bullish outlook on MNT.

Mantle Network’s Mainnet v2 Upgrade 

As previously reported by Crypto News Flash, Mantle Network, a prominent Layer 2 solution for Ethereum, unveiled its highly anticipated Mainnet v2 Tectonic upgrade. This upgrade promises to address some of the most pressing issues facing the Ethereum network, including high gas fees and slow transaction times.

One of the standout features of Mantle Network’s Mainnet v2 upgrade is the integration of Ethereum Improvement Proposal (EIP)-1559. This integration aims to streamline transaction fees on the Ethereum network, making them more predictable and cost-effective for users. With a fixed block generation schedule, users can expect consistent and speedy transactions, eliminating the frustrations associated with sluggish transaction times.

Security remains a top priority for Mantle Network, and the Mainnet v2 upgrade has undergone meticulous auditing to ensure the safety of users’ assets. With enhanced security measures, users can rest assured that their crypto transactions are safe and sound on the Mantle Network.

Strategic Partnerships Fueling Expansion

In order to mitigate escalating gas fees and support tailored market structures, Slash Fintech Ltd., a prominent crypto payment solution, recently partnered with Mantle Network. This partnership signifies Slash’s transition from the Ethereum network to Mantle’s ecosystem, aiming to enhance its presence in the Japanese market and extend its reach globally. By leveraging Mantle Network’s innovative solutions, Slash aims to streamline virtual currency payments worldwide, making them more accessible and efficient.

In addition to facilitating everyday transactions, Slash Fintech Ltd. actively contributes to developing the Web3 ecosystem. Through initiatives like the Alice NFT Project and the Slash Vision Portal, Slash empowers creators, businesses, and individuals with accessible and innovative Web3 solutions. By pioneering the integration of crypto asset payment systems into Web3 services, e-commerce platforms, and physical stores, Slash plays a pivotal role in shaping the future of digital transactions.