MANTRA’s token fell 18% to an all-time low as its blockchain halted operations, affecting validators and bridge functions.
MANTRA’s token plunged 18% to a record low of $0.50 following a full blockchain outage. The network’s status page confirmed disruptions to public endpoints, validators, and bridge migration operations, with no restart timeline provided until safety is assured.
The incident follows the April 2025 collapse of MANTRA’s former OM token, which erased over $5 billion in market value. In June, Inveniam Capital Partners announced plans to acquire MANTRA after a $20 million investment earlier this year.
The team has not confirmed whether the price drop was directly linked to the outage or if any assets were compromised.