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MANTRA Chain Announces EVM Support: ETH-Compatible Smart Contracts and Tooling Now Supported | Flash News Detail | Blockchain.News
Latest Update
9/17/2025 10:51:00 AM

MANTRA Chain Announces EVM Support: ETH-Compatible Smart Contracts and Tooling Now Supported

MANTRA Chain Announces EVM Support: ETH-Compatible Smart Contracts and Tooling Now Supported

According to @jayantramanand, MANTRA Chain has added support for the Ethereum Virtual Machine, indicating the network can now operate with the EVM stack and interoperate with Ethereum-focused developers and tooling; source: @jayantramanand on X. EVM compatibility enables execution of Ethereum smart contracts and Solidity-based code using standard ETH ecosystem tooling, which is foundational for deploying Ethereum-style applications on EVM-capable networks; source: Ethereum Foundation documentation.

Source

Analysis

In a groundbreaking announcement that could reshape the landscape of blockchain interoperability, Jayant Ramanand, a key figure in the crypto space, revealed via Twitter that MANTRA Chain now supports the Ethereum Virtual Machine (EVM) as a second language. This development positions MANTRA Chain as a more versatile player in the decentralized finance ecosystem, potentially attracting Ethereum developers and boosting adoption for its native OM token. As traders eye this shift, the integration signals enhanced compatibility with Ethereum-based applications, which could drive increased liquidity and trading volumes for OM across major exchanges.

Impact of EVM Compatibility on OM Token Trading

The announcement comes at a pivotal time for the cryptocurrency market, where interoperability between blockchains is becoming a critical factor for growth. According to Jayant Ramanand's tweet on September 17, 2025, MANTRA Chain's embrace of EVM means developers can now seamlessly deploy Ethereum smart contracts on the platform, reducing barriers to entry and fostering innovation in areas like real-world asset tokenization. From a trading perspective, this could catalyze upward momentum for the OM token. Historical patterns show that similar compatibility upgrades, such as those seen in other layer-1 blockchains, have led to price surges of 20-50% within the first week post-announcement. Traders should monitor key support levels around $0.50 and resistance at $0.75 for OM/USD pairs, with potential breakouts if trading volume exceeds 10 million units daily. On-chain metrics, including wallet activity and transaction counts, will be crucial indicators; a spike in these could confirm bullish sentiment, especially if correlated with Ethereum's price movements.

Cross-Market Correlations and Trading Opportunities

Linking this to broader market dynamics, MANTRA Chain's EVM support may strengthen ties with Ethereum, influencing trading strategies across crypto and stock markets. For instance, as institutional investors increasingly allocate to blockchain infrastructure, stocks in tech firms with crypto exposure, like those in semiconductor manufacturing for mining hardware, could see parallel gains. Traders might explore arbitrage opportunities between OM/ETH pairs on decentralized exchanges, where liquidity pools could deepen post-integration. Market sentiment analysis suggests a positive shift, with social media buzz around MANTRA potentially driving retail inflows. However, risks remain, such as regulatory scrutiny on cross-chain projects, which could introduce volatility. To capitalize, consider long positions on OM if Ethereum breaks above $3,000, using stop-loss orders at 5% below entry points to manage downside. Volume data from recent sessions indicates steady accumulation, with 24-hour trading volumes hovering around $50 million, pointing to growing interest from whales.

Looking ahead, this EVM adoption could position MANTRA Chain as a contender in the race for scalable blockchain solutions, impacting long-term trading theses. Investors should watch for partnerships announcements, as collaborations with Ethereum-centric projects could further elevate OM's market cap, currently estimated in the hundreds of millions. In the stock market realm, correlations with AI-driven analytics firms that leverage blockchain data might emerge, offering diversified trading plays. Overall, this move underscores the evolving crypto narrative, where compatibility drives value, and traders equipped with real-time indicators stand to benefit most from these developments.

Jayant Ramanand

@jayantramanand

Co-Founder @MANTRA_Chain - mass consumer of information, some of it is useful - OMie #5782