The post Analysts see major upside for MANTRA Chain appeared on BitcoinEthereumNews.com.

Disclosure: This article does not represent investment advice. The content and materials featured on this page are for educational purposes only. MANTRA eyes $10 as analysts predict massive growth, fueled by strong adoption, key partnerships, and a focus on regulated RWA tokenization. MANTRA (OM) currently hovers at $3.91, slightly lower than its highest point this week. This movement has brought the token’s market cap to over $3.74 billion. Despite the dip, MANTRA is gaining significant attention in the blockchain space, and analysts are predicting considerable growth in 2025.  As of now, MANTRA leads the regulated RWA tokenization space as the first Layer-1 blockchain specifically built for this purpose. According to forecasts, the project is positioned to capture a significant share of the $16 trillion+ RWA tokenization market by 2030. Additionally, MANTRA’s partnerships with Google Cloud, MAG, Zand Bank, and Pyse have provided the project the boost it requires. Plus, the growing adoption of MANTRA, especially in the UAE, signals investor confidence.  When compared with other Layer-1 blockchains like Solana and Sui, MANTRA stands out with its focus on regulatory-compliant RWA tokenization. Analysts believe this approach gives OM an edge in the blockchain ecosystem. MANTRA’s long-term vision includes a $100 billion Total Value Locked (TVL) on-chain by 2026. With the current market cap sitting at $3.74 billion, this means there’s significant room for growth. Experts say OM could easily see a 10x increase in the long run, with a more realistic 3x price target to $10 in the short term. MANTRA prepares for a breakout OM’s chart has been forming a textbook bull flag pattern in the accumulation zone, suggesting strong breakout potential. The pattern shows consistent higher lows with decreasing selling pressure, indicating solid accumulation by institutional investors. This technical setup, combined with increasing volume profiles, mirrors patterns seen in…

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Filed under: News - @ January 9, 2025 11:23 am