MANTA +576.92% in 1 Month Amid Protocol Upgrades and Token Burn

MANTA, the privacy-focused blockchain protocol, experienced a significant one-month price surge of 576.92% as of August 12, 2025, driven by a series of on-chain upgrades and governance actions. The monthly gain came against a backdrop of a 134.53% decline in the preceding seven days, underscoring the token’s recent volatility and the impact of strategic developments within its ecosystem.

Strategic Upgrades and Protocol Enhancements

The MANTA team recently deployed a critical upgrade to its Layer 2 scaling solution, aimed at improving transaction throughput and reducing gas costs for users. According to the official announcement, the update also introduced enhanced privacy features, leveraging zero-knowledge proof mechanisms to allow for more secure and confidential transactions. These improvements are expected to expand the protocol’s use cases in decentralized finance (DeFi) and enterprise applications.

The upgrade followed a months-long testing phase and was implemented after a successful community vote on the proposed changes. Governance participants approved the update with over 75% support, reflecting strong alignment between the development team and token holders.

Token Burn and Supply Reduction

In parallel with the technical upgrades, the MANTA project executed a one-time token burn event, permanently removing approximately 15 million tokens from circulation. The burn was conducted through a multi-signature wallet controlled by the core development team and verified through on-chain activity. The move is intended to reduce supply and increase the value proposition for long-term holders.

The burn event is part of a broader tokenomics strategy outlined in the project’s 2025 roadmap. It follows a similar burn in early 2025, which removed another 10 million tokens. Project leaders have emphasized that these actions are non-recurring and will not be repeated unless under specific market conditions or governance approval.

Developer Activity and Community Adoption

MANTA has seen a steady increase in developer activity over the past quarter, with over 20 new applications integrated into the protocol’s ecosystem. These include cross-chain bridges, automated market makers, and identity verification platforms. The growing number of dApps is seen as a key driver for increased transaction volume and broader network adoption.

Community engagement also remains strong, with active discussions taking place in key forums and governance channels. The project’s Discord and Telegram channels reported a 30% increase in user participation during the last quarter. Additionally, the MANTA Foundation has committed to funding several open-source projects through its quarterly grants program, further incentivizing innovation on the chain.

Looking Ahead

With recent upgrades and token burns reinforcing the protocol’s fundamentals, the MANTA network appears to be positioning itself for sustained growth. Analysts project that if the adoption trends continue and developer activity remains robust, the token could see further price appreciation in the coming months, provided macroeconomic conditions remain stable.

MANTA remains at $0.22 as of August 12, 2025, after recording a 0% change in the previous 24 hours.