MANTRA (OM), one of the top-performing altcoins, has surged 27.9% this week, hitting a new all-time high after a high-profile Bybit listing. The move triggered a 267% jump in trading volume, with total transactions across centralized (CEX) and decentralized exchanges (DEX) skyrocketing to $755 million. As part of the listing, Bybit introduced a 120,000 OM reward pool, valued at over $912,000, further fueling investor enthusiasm. $OM Deposits via MANTRA Network is open with @MANTRA_Chain ! Stand a chance to grab a share of the 120,000 OM Prize Pool. Learn More: https://t.co/FiGw3SdBFW Token Splash: https://t.co/TT2MFdIHHy #BybitTrading #TheCryptoArk pic.twitter.com/g3XvVzmoy1 — Bybit (@Bybit_Official) February 13, 2025 Adding to the momentum, MANTRA’s developers announced a 50 million OM airdrop , currently valued at $375 million, aimed at rewarding long-term token holders. This explosive demand for MANTRA comes amid a broader shift towards real-world asset (RWA) tokenization, a sector that’s rapidly gaining traction among institutional investors. ‘Sybil Slaying Season’ starts today, ahead of our upcoming 50 Million $OM airdrop. TL;DR? – This is about rewarding genuine members of the #MANTRA community – Ensure the continued durability and sustainability of our ecosystem – There are two reporting phases that reward… pic.twitter.com/ZOJrDARDOA — MANTRA Consensus 2025 HK (@MANTRA_Chain) February 13, 2025 Institutional Adoption & Real-World Asset Tokenization MANTRA’s rise aligns with growing institutional interest in RWAs. Leading firms like BlackRock, Apollo Global, and Franklin Templeton have launched tokenized products, reinforcing blockchain’s role in transforming traditional finance. Another major development is Ondo Finance’s tokenization of U.S. stocks, which could enable global investors to access American equities and bonds that were previously out of reach. Meanwhile, MANTRA partnered with DAMAC, a Dubai-based real estate giant, to tokenize a $1 billion property portfolio. If successful, this deal could pave the way for further institutional adoption, boosting MANTRA’s credibility in the tokenization space. What is MANTRA? A Quick Overview MANTRA, founded by CEO John Patrick Mullin, is a multi-chain RWA tokenization platform built on the Cosmos SDK. It provides a Layer 1 blockchain that enables developers to build staking, lending, and borrowing applications. The OM token serves multiple functions, including: Staking: Users earn rewards by staking OM. Governance: Token holders participate in project decisions. DeFi Services: OM facilitates lending, borrowing, and transactions. MANTRA (OM) Price Analysis – February 16, 2025 OM continues its 27.9% weekly rally, currently trading at $7.59. The token has surged past key Fibonacci retracement levels, indicating further upside potential. The 1.618 Fibonacci extension at $7.21 has already been breached, with OM now eyeing: $7.66 (2.0 Fibonacci level) as immediate resistance $7.99 (2.272 Fibonacci level) as the next upside target $8.40 (2.618 Fibonacci level) in case of extended bullish momentum On the downside, OM has strong support at $6.48, followed by $6.02 and $5.29. The 50-day EMA at $4.99 remains well below the price, reinforcing the ongoing uptrend. While the bullish outlook remains intact, traders should watch for profit-taking around $7.66, which could lead to a temporary pullback toward $7.21 before another upward push. Key Insights Bullish Momentum: OM is up 27.9% this week, breaking major Fibonacci levels. Resistance Levels: Immediate hurdles at $7.66, $7.99, and $8.40. Support Levels: Downside protection at $6.48, $6.02, and $5.29. With CEX listings, airdrops, and institutional partnerships, MANTRA’s bullish momentum remains strong, making it a key player in the expanding RWA tokenization space. As MANTRA cements its position in the booming RWA tokenization space, another project is making waves in the digital asset management sector. Best Wallet Token ($BEST) is redefining how investors store, stake, and interact with crypto, offering advanced security and high-yield rewards. Here’s why $BEST is capturing attention in the current market. Best Wallet Token ($BEST): A Smarter Way to Manage Crypto & Earn Rewards Best Wallet Token ($BEST) is the backbone of Best Wallet, a feature-rich digital asset management platform available on Google Play and the App Store. Designed for both new and experienced traders, Best Wallet offers secure storage, real-time investment insights, and integrated staking—all in one streamlined app. Why Best Wallet Stands Out Early Access to New Tokens: Discover and invest in emerging projects before they go mainstream. Robust Security: Built with Fireblocks’ MPC-CMP security framework, ensuring top-tier protection for transactions and asset management. Comprehensive Asset Support: Best Wallet supports over 1,000 cryptocurrencies, providing a seamless experience for portfolio management. Latest Update (v2.4.5): Users can now claim tokens directly within the app, eliminating the need for third-party platforms. $WEPE Claim Is Almost Here! Mark your calendars for Monday 17th Feb, 2:00 PM UTC We’ve put together everything you need to know to claim your $WEPE smoothly. Let’s get started. pic.twitter.com/5IT2rajRe9 — Best Wallet (@BestWalletHQ) February 14, 2025 Why Investors Are Watching $BEST 166% APY on Staking – One of the highest reward rates in the market. 161.83 Million $BEST Tokens Staked – Indicating strong investor confidence. $10.03 Million Raised – Growing demand ahead of the next price increase. Current Price: $0.024 – Limited time before the next price adjustment. With a strong foundation, high staking rewards, and growing adoption, $BEST is shaping up to be a leading utility token in the crypto space. The post Mantra Soars Explosive 27.9% This Week: What’s Next? appeared first on Cryptonews .
