In Q4 2024, Mental TVL increased by the year 354%, as Meth became the fourth largest atherium liquid stacking token.
As State of Mental Q4 2024 report by MesariMantle Network experienced significant growth, with its total value about 354% year-to-year and 36% was locked at a quarter-fourth-fourth. According to Mesari, this boom was largely powered by the entire ecosystem, especially the extended user base and increased activity in its DEFI region.
In addition, Meth emerged as a prominent player in the ethrium liquid stakeing within its first year, reaching the $ 2.19 billion Peak TVL and achieved its position as the fourth largest liquid stating token on the atherium. The incubation, protocol was deployed at the atherium by Mental’s team, while Mantle’s rule was remaining. This governance model enables spontaneous integration with comprehensive ethrium ecosystem, taking advantage of the mental structure for increased interoperability and efficiency.
Meanwhile, Mental’s Treasury Price rose 52.56% in Q4, which increased from $ 3.00 billion to $ 4.62 billion in Q3 by the end of 2024. This growth was mainly filled with appreciation of mental tokens, which was responsible for about 88.85%. Total value of treasury.
On the technical front, the Mantle Network upgraded its infrastructure by integrating ERC-7683 and Chanlink’s cross-chain interoperability protocol to increase cross-chain functionality, infection from optimized to zero-knowledge rollups for better scalance and finality for better scalance and finality For adoption of OP success, and apply safe, and secure {core} multi-signs solutions for increased safety. Mental collaborated with Blocksac to strengthen protocol safety and took active measures to protect users from fishing hazards.
Meanwhile, Mental’s native token is currently trading at $ 1.07, with market capitalization of $ 3.6 billion, Coingko,
