MANTRA: The First MultiVM Blockchain Supporting RWAs with Built-in EVM and CosmWasm Compatibility
Mainnet Upgrade Announcement: MANTRA has launched its latest mainnet upgrades, becoming the first Layer 1 blockchain to support both EVM and CosmWasm smart contracts natively, enhancing its capabilities for tokenizing real world assets (RWAs).
Compliance and Institutional Focus: With a Virtual Asset Service Provider (VASP) license from Dubai's VARA, MANTRA emphasizes regulatory compliance at the protocol level, allowing institutions to access a compliant and EVM-compatible blockchain for RWAs without sacrificing regulatory clarity.
Developer Benefits: The upgrades enable developers to deploy Solidity-based dApps directly on MANTRA Chain without modifications, facilitating the customization of DeFi protocols for RWAs and seamless fund bridging from other EVM chains.
Strategic Partnerships and Future Goals: MANTRA is focusing on scaling adoption and onboarding new asset issuers, supported by recent partnerships and governance improvements, while preparing for a summit in Abu Dhabi aimed at advancing tokenization and financial innovation.
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Technical Analysis for
Technical Sentiment Analysis for (). As of , () is exhibiting a Neutral technical sentiment. Our proprietary analysis, which aggregates 0 technical signals, shows that 0 indicators are flashing buy, while 0 are indicating sell.
Momentum Indicators: RSI, MACD & Overbought/Oversold Status. Currently, the Relative Strength Index (RSI) for stands at -, which suggests a Neutral condition. Meanwhile, the MACD (12, 26) indicator is at -, providing a Neutral signal for short-term momentum. Other oscillators like the Stochastic Oscillator at - and the Commodity Channel Index (CCI) at - further confirm a - outlook for the crypto.
Support, Resistance & Moving Averages. From a structural perspective, is trading below its 60-day moving average of $- and below its 200-day long-term moving average of $-. Key price levels to watch include the immediate resistance at $- and strong support at $-. A break above $- could signal a bull continuation, while falling below $- may test the next Fibonacci floor at $-.
() Support & Resistance Level
| Name | S3 | S2 | S1 | Pivot Points | R1 | R2 | R3 |
|---|---|---|---|---|---|---|---|
| Classic | - | - | - | - | - | - | - |
| Fibonacci | - | - | - | - | - | - | - |
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