Deep Dive
1. Full EVM Compatibility (12 August 2025)
Overview: MANTRA Chain’s testnet achieved full Ethereum Virtual Machine (EVM) compatibility, a first for MultiVM Layer 1 chains targeting real-world assets (RWAs). This allows developers to deploy Ethereum-based smart contracts and tools natively.
The upgrade positions MANTRA as a bridge between Cosmos SDK ecosystems and Ethereum developers, enabling cross-chain interoperability. Mainnet activation is targeted for September 2025, aligning with RWA yield product launches.
What this means: This is bullish for OM because it lowers barriers for Ethereum developers to build RWA-focused dApps, potentially accelerating ecosystem growth. (Source)
2. ERC20 OM Deprecation Proposal (20 August 2025)
Overview: A governance proposal aims to sunset ERC20 OM tokens by 15 January 2026, shifting entirely to MANTRA Chain-native OM. Over 250M OM (28% of supply) has already migrated via the one-way bridge.
The move would enforce a hard supply cap of 2.5B OM and consolidate liquidity on the native chain. Unbridged ERC20 OM would be reclaimed for ecosystem initiatives.
What this means: This is neutral-to-bullish for OM as it reduces token fragmentation and could improve price stability, but requires smooth exchange coordination. (Source)
3. Mainnet RPC Node on Google Cloud (16 July 2025)
Overview: MANTRA’s RPC node integration with Google Cloud Marketplace provides developers instant access to blockchain data, smart contract tools, and analytics.
The partnership with BCW Group ensures enterprise-grade uptime and security, critical for institutional RWA use cases.
What this means: This is bullish for OM because streamlined developer infrastructure could attract more compliance-focused projects to the chain. (Source)
Conclusion
MANTRA’s codebase updates prioritize interoperability (EVM), supply consolidation, and institutional-grade infrastructure – key pillars for its RWA-focused roadmap. With mainnet EVM activation and token migration underway, can OM leverage its regulatory licenses to become the default chain for tokenized assets?