Ethereum Layer-2s Surge After $19B Crash: Mantle Leads the Way

Following a major cryptocurrency crash last weekend, Ethereum layer-2 scaling solutions saw impressive price rebounds, signaling stronger resilience in this market segment. Mantle (MNT), in particular, surged by 31% on Monday, becoming the third biggest gainer among the top 100 cryptocurrencies tracked by CoinMarketCap. Arbitrum (ARB) and Immutable (IMX) also saw double-digit gains, while Polygon (POL) rebounded by 8%. Analysts believe these strong performances are driven by several factors. Mantle’s integration with Bybit exchange and the increasing utility of its ecosystem have contributed significantly to this rise.