The Business & Technology Network
Helping Business Interpret and Use Technology
«  

May

  »
S M T W T F S
 
 
 
1
 
2
 
3
 
4
 
5
 
6
 
7
 
8
 
9
 
10
 
11
 
12
 
13
 
14
 
15
 
16
 
17
 
18
 
19
 
20
 
21
 
22
 
23
 
24
 
25
 
26
 
27
 
28
 
29
 
30
 
31
 
 

OM – MANTRAchain Rides the Wave of Success With Over 1,227% Gain In The Last 90 Days 

DATE POSTED:February 9, 2024

OM – MANTRAchain, the pioneering Cosmos chain designed to adapt to global blockchain regulations, has been on a remarkable upward trajectory in recent times. 

Over the past 90 days, it has surged by an impressive 1,227%, followed by a 370% increase in the last 30 days and a 169% gain in the previous week. Today, it soared by 47%, reaching a new high unseen in over a year, emerging as one of the top daily gainers in the crypto market with a remarkable rise in its 24-hour trading volume.

A significant catalyst driving this surge is OM – MANTRAchain’s initiative to introduce RWAs to the Cosmos Ecosystem. By pioneering the on-chain RWAs market with Cosmos SDK and IBC, it marks a pivotal moment in the evolution of decentralized finance. 

As @MANTRA_Chain pioneers the on-chain RWAs market with Cosmos SDK and IBC, it marks a significant milestone in the evolution of decentralized finance.

This not only benefits $OM holders but also contributes to the broader adoption of blockchain-based financial instruments. https://t.co/vC3EQz3HQ2

— Tahira siddiqi (@SiddiqiTahira) February 8, 2024

This endeavor not only benefits OM holders but also contributes to the broader adoption of blockchain-based financial instruments.

OM To Serve As Main L1 Token On Mantra Chain

Moreover, OM will serve as the main L1 token of the MANTRA chain, following its approval in the DAO community voting. The co-founder and CEO have elaborated on the significance of this approval and its pivotal role in shaping the MANTRA ecosystem.