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Crypto Landscape: Mantra Struggles and Hyperliquid Thrives

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by Giorgi Kostiuk

3 hours ago


The cryptocurrency market continues to display significant changes, including sharp declines and noteworthy price increases. Some projects are struggling to regain investor confidence.

Mantra Faces Challenges After Crash

Mantra's OM token faced a turbulent period in 2025. On April 13, its price fell by 90% in a matter of hours, leading to a loss of about $6 billion in value. In response, CEO John Patrick Mullin announced a recovery plan, committing to burn 150 million OM tokens from his personal stash.

Hyperliquid: Price Growth Amid Updates

Hyperliquid is showing positive momentum, with its token price recently rising to approximately $18.66, more than doubling since the beginning of the month. A recent upgrade, which included 21 permissionless nodes, has enhanced decentralization and boosted confidence in the project.

Cold Wallet: A New Era of Security in Web3

Cold Wallet addresses a pressing security issue in the crypto space by focusing on user privacy. Utilizing zero-knowledge architecture, it prevents IP tracking and data leaks, establishing itself as a vital component of the Web3 ecosystem.

The cryptocurrency market continues to evolve, highlighting both successful and struggling projects. Mantra is working to regain trust after a recent crisis, Hyperliquid is enjoying price gains, and Cold Wallet is presenting new security approaches that could change the rules of the game in the Web3 space.

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