Mantle Weekly Work-Up 1 | Momentum Check @Mantle_Official’s token, $MNT, gained 25%–33% over the last seven days on most trackers, riding Ethereum’s strength. • Kraken shows a 24.9% 7-day move • @beincrypto flagged a 7.2% pop in the run-up to mid-week upgrades and puts short-term targets near $0.72. --- 2 | Treasury Update The DAO treasury now stands at approximately $2.84B, 80% held in $MNT and the rest split across majors and stables. Capital is deliberately being rotated from passive reserves into revenue-generating products and ecosystem funding. --- 3 | UR Beta Goes Live On July 11th, @Mantle_Official opened the UR “smart money” app to early contributors, running a four-week invite-only beta with weekly $3K prize pools. UR combines: • Fiat on- and off-ramping • Card payments • FX and DeFi yield rails All settlement flows back to Mantle Network for on-chain auditability. --- 4 | Institutional On-chain Finance MI4, the tokenised crypto index structured with @Securitize, crossed $200M in assets under management this week, as the largest non-money-market tokenised fund on-chain. --- 5 | Strategic Deal Flow Mantle became an investor in @ReserveOne_ on 10 July. ReserveOne is pursuing a Nasdaq listing via a $1B SPAC to create a permanent-capital vehicle that holds Bitcoin, Ethereum, and Solana. The tie-up expands @Mantle_Official’s RWA flywheel and adds an institutional distribution channel. --- 6 | Core-net Upgrades Developer accounts on Sepolia testnet upgraded to version 1.3.0 on 16 July, adding full support for the forthcoming Ethereum Prague hard-fork features. At main-net level: • EigenDA integration is complete. • OP-Succinct roll-ups are scheduled for Q3. These changes push Mantle's ecosystem closer to its “Blockchain for Banking” vision by improving data availability, ZK verification, and enterprise compatibility. --- 7 | Builder Incentives The new Lightning Grants programme launched this month, offering fast-track micro-grants reviewed weekly and designed to turn ideas into mainnet MVPs within days. It joins: • Cookathon (running May–October) • $200M EcoFund --- 8 | Why Now? Ethereum’s rally is reviving talk of an RWA narrative supercycle. @Mantle_Official is the most ETH-aligned L2 because it couples cheap blockspace with a war-chest that can seed the very products driving on-chain capital flows. • Tokenised funds, • Compliant yield instruments, and • A banking-grade consumer app. Near-term price moves grab headlines, but the long-term differentiator is disciplined capital deployment into infrastructure that outlasts market rotations. That is the story the market is beginning to price in. Thanks for reading!