The cryptocurrency Mantra (OM) experienced a sharp rise, becoming the biggest gainer among the top 100 cryptocurrencies by market cap. It hit a new all-time high of $5.87, although it has slightly retreated to $5.59 at the time of writing. Mantra remains one of the top performers in the crypto market with a 23% increase in the past 24 hours. The spike in volume and open interest suggests increased interest in the token. The partnership between Mantra and DAMAC Group, focused on tokenizing real-world assets like real estate, is believed to be the catalyst for the increased momentum of OM. Additionally, the asset tokenization space as a whole is seeing positive growth, with RWA market cap increasing by 11% to over $40 billion.



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