Mantle: Mercenary Capital and Market Opportunity
Mantle has seen a big inflow of capital, largely driven by incentive programs. ETH ETFs could keep building hype for Ethereum ecosystem plays, and we explore some within the Mantle network.Preview
TLDR
- Spot ETH ETFs are live, and Ethereum has a chance to steal the spotlight in the coming months if it can match the bullish flows seen from the spot BTC ETFs.
- Mantle has seen a big rise in activity and TVL in recent weeks, largely driven by incentive programs on the network.
- The opportunities on Mantle are plentiful as capital continues to roll in, but we consider two options in the form of a prime farming opportunity and a standard token play.
- There are good opportunities in the Ethereum ecosystem, but other areas of the crypto market continue to see growth, particularly in memecoins. Do not isolate yourself to a single L1 or protocol.