Mantle Network Becomes Largest ZK Rollup Post Mainnet Upgrade

Mantle Network achieved the largest ZK rollup status by TVL following a successful upgrade using OP Succinct on its mainnet.

This milestone positions Mantle as a leading DeFi platform, boosting its capability to attract institutional participants with faster transaction finality and increased liquidity.

Mantle Network’s recent mainnet upgrade introduced OP Succinct technology, catapulting it to the largest zero-knowledge rollup by Total Value Locked (TVL), as discussed by project leaders.

This development positions Mantle as a pivotal player in DeFi with its notable TVL surge and institutional-grade adaptability.

Mantle’s OP Succinct Boosts TVL, Leads L2 Space

The Mantle Network successfully completed a mainnet upgrade, incorporating OP Succinct, which has substantially increased its TVL. This upgrade marks Mantle as a significant leader in the L2 space.

The upgrade was managed by the Mantle team, with assistance from the Succinct Team, leading to improved rollup performance and new institutional-grade features.

Mantle Reaches $2 Billion TVL After Upgrade

Mantle experienced a surge in TVL to over $2 billion post-upgrade, emphasizing its status in the cryptocurrency sector. This increase positions Mantle favorably in the competitive DeFi landscape. The market impact extends to the MNT token, reflecting in its newfound all-time highs. Institutional interest in Mantle is anticipated to rise due to its upgraded financial capabilities.

Mantle’s ZK Implementation Surpasses Competitors

Previous L2 protocols like Optimism and Arbitrum have integrated ZK technologies at varying scales, yet Mantle’s full-scale ZK implementation is notably advanced. Such upgrades often lead to increased TVL. Experts suggest Mantle’s developments could lead to sustained growth and broader adoption in DeFi, as historical data indicates post-upgrade boosts in both user engagement and capital inflows.

“With today’s protocol upgrade, they have laid the foundation for their next chapter. OP Succinct is now on Mantle mainnet, delivering institutional-grade fast finality… End users will experience the benefits of ZK without the disruptive fees.” – Edward Li, Growth and BD Lead, Succinct

Disclaimer: The information on this website is for informational purposes only and does not constitute financial or investment advice. Cryptocurrency markets are volatile, and investing involves risk. Always do your own research and consult a financial advisor.