Mantle Surpasses $1 as ByBit Partnership Drives 5% Gains

Mantle (MNT) continued its upward trajectory in early trading, pushing past the $1 threshold and reaching $1.02, marking a 5% increase in a single day [1]. This momentum is being driven by a new partnership with ByBit, which has significantly boosted the project's visibility and market presence. On-chain data also reveals a nearly tenfold surge in large transactions and a 50% increase in active addresses, reflecting growing network participation [1]. The broader Ethereum ecosystem has also played a role, as increased activity in layer-2 projects like Mantle benefits from Ethereum’s recent rally.

Meanwhile, Bitcoin Cash (BCH) saw a 30% increase in trading volume as the price approached a critical resistance level near $600 [1]. This uptick in volume indicates heightened market activity, with both retail and institutional participants closely watching for signs of a breakout. A successful move beyond $600 could signal the beginning of a more significant upward trend, supported by increased liquidity and growing buyer confidence.

However, BlockDAG is capturing the most attention with its bold foray into the cricket world. The project has partnered with the Seattle Orcas to integrate blockchain technology into the sport, using tools like NFTs and interactive fan voting to enhance the fan experience [1]. This partnership taps into cricket’s massive global following, which spans over a billion fans, particularly in South Asia and the UK. BlockDAG aims to transform match-day excitement into active blockchain participation, using limited-edition collectibles and reward-based engagement to drive adoption among new audiences.

The financial strength of the project is also notable, with the presale raising $374 million and selling over 24.7 billion coins [1]. The Batch 29 price stands at $0.0276, and investors from Batch 1 have already seen a 2,660% return on investment compared to current prices. This strong capital base, combined with strategic market entry and a passionate global fanbase, positions BlockDAG for sustained growth in both the crypto and sports industries.

By integrating blockchain into a sport with such cultural significance, BlockDAG is uniquely positioned to drive mainstream adoption. The project’s ability to merge community-driven engagement with digital asset utility suggests it could lead the next phase of blockchain growth, offering a scalable model that leverages mass-market appeal with technological innovation.

Source: [1] MNT Pushes Past $1, BCH Trading Jumps 30%, BlockDAG Connects With Millions of Cricket Fans with Orcas Deal, Presale Hits $374M! (https://cryptonewsland.com/mnt-pushes-past-1-bch-trading-jumps-30-blockdag-connects-with-millions-of-cricket-fans-with-orcas-deal-presale-hits-374m/)