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- MANTRA fell to $0.0041, marking a new all-time low after the blockchain was halted.
- A vulnerability in an upstream dependency triggered the security response and forced validators offline.
- MANTRA faces renewed investor concerns as it investigates fund movements and prepares a network patch.
MANTRA (MANTRA) plunged to a new all-time low of $0.0041 after the project stopped its blockchain in response to an attack targeting a vulnerability in third-party software used by the network. The sharp decline came at a difficult time for the token, with the wider cryptocurrency market moving higher and Bitcoin pushing above $75,000.
The incident has left MANTRA investors facing renewed uncertainty over the network’s security, the movement of funds and when normal blockchain operations can resume.
MANTRA Blockchain Halted After Security Incident
MANTRA Chain, a Layer 1 network focused on real-world asset tokenization, suspended activity after detecting an attacker exploiting a weakness in an upstream dependency.
The project initially froze transactions and network endpoints as a precaution. It later said the vulnerable component had been identified and that developers were preparing a software patch.
Validators and supporting infrastructure remain offline while the team works on the upgrade. MANTRA has stressed that restarting the network will require coordination across its validator community and will only happen after the fix has been tested.
The project has not yet confirmed the full financial impact of the incident.
MANTRA Token Falls as Crypto Market Rallies
MANTRA’s token was trading near $0.0044 at the time of reporting, representing an 8.5% daily decline. Earlier, the asset reached a record low of $0.0041.
The move stood out because broader crypto markets were gaining momentum. Bitcoin climbed above $75,000, while short liquidations reached roughly $1.06 billion. Total cryptocurrency market capitalization also increased by almost 4% over 24 hours.
That divergence highlights the severity of the pressure facing MANTRA. While major digital assets benefited from improving market sentiment, traders continued to sell the token amid concerns about the network disruption.
Second Major Crisis in 16 Months
The latest security incident adds to a difficult period for the MANTRA ecosystem.
In April 2025, the token then known as OM suffered a collapse of almost 90% in less than an hour, erasing approximately $5.5 billion in market value. The project later retired the OM ticker.
In March, MANTRA completed a non-dilutive 1:4 token split at block 13,000,000, converting each OM token into four MANTRA tokens. The newly introduced MANTRA token initially gained 37% on its first day.
The latest attack now puts renewed focus on the project’s ability to protect its infrastructure and rebuild market confidence.
MANTRA is tracing the movement of funds and has contacted cryptocurrency exchanges. Deposits and withdrawals remain suspended at affected platforms while the investigation continues.
For now, the key catalysts for MANTRA price action are the completion of the security patch, validator coordination and clearer information about any stolen or affected funds.
Also Read: MANTRA (OM) Surges 46% as Volume Hits $1.1B
Until those questions are resolved, MANTRA investors are likely to remain cautious despite the broader crypto market rally.
Disclaimer: The information in this article is for general purposes only and does not constitute financial advice. The author’s views are personal and may not reflect the views of Chain Affairs. Before making any investment decisions, you should always conduct your own research. Chain Affairs is not responsible for any financial losses.
I’m a crypto enthusiast with a background in finance. I’m fascinated by the potential of crypto to disrupt traditional financial systems. I’m always on the lookout for new and innovative projects in the space. I believe that crypto has the potential to create a more equitable and inclusive financial system.
