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Trump Family-Linked World Liberty Snaps Up 3.54M MNT Tokens After Mantle's Hard Fork

Mantle Network integrated EigenDA last week to enhance scalability and ensure better compatibility with Ethereum's impending Pectra upgrade.

Updated Mar 24, 2025, 5:54 a.m. Published Mar 24, 2025, 5:53 a.m.
WLFI acquires MNT tokens. (CoinDesk)
WLFI acquires MNT tokens. (CoinDesk)

What to know:

  • World Liberty Financial (WLFI), backed by President Trump's family, has acquired 3.54 million MNT tokens for nearly $3 million, increasing its total coin holdings to over $340 million.
  • The Mantle Network, which uses MNT as its native cryptocurrency, recently underwent a major technological upgrade, integrating EigenDA to enhance scalability.
  • The upgrade ensures better compatibility with Ethereum's upcoming Pectra upgrade.

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Solana CME Futures Fell Short of BTC and ETH Debuts, but There's a Catch

Solana CME futures first-day activity compared to BTC and ETH debuts. (CME/K33 Research)

When adjusted for asset market capitalization SOL's relative futures volume looks better, K33 Research noted.

O que saber:

  • Solana's SOL futures began trading on the Chicago Mercantile Exchange (CME) on Monday, with a notional daily volume of $12.3 million and $7.8 million in open interest, significantly lower than the debuts of bitcoin (BTC) and ether (ETH) futures.
  • Despite the seemingly lackluster debut, when adjusted to market value, SOL's first-day figures are more in line with BTC's and ETH's, according to K33 Research.
  • Despite the bearish market conditions, the launch of CME SOL futures offers new ways for institutions to manage their exposure to the token, said Joshua Lim of FalconX.