In January, blockchain network Mantra experienced significant growth, with its Mantra (OM) coin reaching a record high of $5.92 and climbing 45% throughout the month. This surge was largely attributed to a partnership with real estate firm DAMAC, which plans to tokenize $1 billion worth of its holdings. The real estate tokenization market is expected to reach $3.2 trillion by 2030. Additionally, the financial services industry is also set for tokenization, with funds like BlackRock's BUIDL and Franklin Templeton's FOBXX already attracting nearly $1 billion in assets. Mantra's price surge coincided with a rise in futures open interest, reaching an all-time high of $450 million. Technical analysis suggests that the price may pull back to $4.50 before continuing its upward trend, with long-term projections reaching $10.



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