# Mantra Value Climbs 12%: Could OM Reach $10 Given RWA Pattern?
Mantra (OM), currently displaying a market capitalization of approximately $6.8 billion—akin to Chainlink (LINK)—is appearing as a leading Layer-1 digital currency in 2025.
Featuring a 12% value enhancement over the prior week, Mantra’s market capitalization is positioned second among Real World Asset (RWA) digital currencies.
Having already digitized over $500 million in resources, including properties, and acquiring a Virtual Asset Service Provider permit from Dubai authorities in February, OM’s basics stay robust. XRP Lawyer Says Saylor’s Bitcoin Plan Could Make Him World’s Richest Person
Examining the diagrams, OM has displayed a solid upward trend since early 2024, ascending from almost zero to nearly $10. The latest climb follows a short combination stage where the value remained above crucial support degrees before exceeding once more.
Indicators imply OM has extra upward capacity, presently exchanging at around $6.90. Narrowing Bollinger Bands indicate an approaching instability spike. While the MACD stays in purchase area, the RSI at 58.28 suggests impartial to positive energy. An ADX studying of 36.31 confirms the reinforcing fashion.
Coinglass information indicates a growth in OM futures open interest, growing from a month-to-month low of $319 million to $378 million. This shows investors are increasing their publicity, regularly a signal of growing self assurance inside the value route.
Carefully watch the preceding nearby excessive of $8.17, a widespread resistance degree. Exceeding this should cause a push towards $10, a main mental milestone. Draw back support lies at $6.76 and $5.54, corresponding to the decrease Bollinger Band and the 20-day shifting average, respectively.
Business partnerships played a vital role in the company’s expansion, as evidenced by a notable partnership with Damac Group, which is expected to begin in early 2025 and has a total deal value of over $1 billion.
In another story, the Mantra community is preparing for the GenDrop airdrop while dealing with existing technical challenges. The team has announced that the GenDrop distribution will be released without warning to prevent market manipulation, unlocking 10% of the total, or 1,987,555.64 OM tokens. Mantra began a 48-hour governance vote on March 18 to decide how to handle the 26.9 million OM tokens designated as suspicious after discovering over 123,000 fraudulent wallets.
The team has stated that the GenDrop distribution will be released without previous notification to preserve fairness and avoid market manipulation, unlocking 10% of the total, or 1,987,555.64 OM tokens.
