Mango Network (MGO), as an emerging Layer 1 blockchain, leverages its integration of MoveVM, EVM, and Solana The innovative architecture of VM solves Web3 The fragmentation problem in the ecosystem. Its testnet peak transaction processing speed reached 297,450 TPS, with Gas costs as low as 0.0008 dollars, and transaction finality only taking 2 seconds, with performance far exceeding the industry average.
On June 24, 2025, MGO officially launched on Gate exchange, opening the trading pair MGO/USDT, and market attention rapidly increased.
Mango Network’s core competitiveness lies in its multi-virtual machine collaborative architecture:
The three virtual machines interact through a shared state management mechanism, allowing users to operate multi-chain contracts without the need for cross-chain bridges. For example, the lending protocol on MoveVM can directly call the liquidity pool of SVM to achieve native-level asset circulation.
This technological integration significantly lowers the development threshold and has attracted over 20 projects to migrate, such as Aptin (lending protocol) and StarHeroes (blockchain game). It is expected that more than 50 ecological applications will be deployed in Q3.
MGO Token total supply is 10 billion, and the distribution strategy balances ecological development and long-term incentives:
The core functions of the Token cover payment cross-chain Gas fees (priced in CELL), DPoS node staking, developer rewards, and governance voting, forming a “use-destroy-rise” closed loop.
After listing on Gate, the MGO Token price range for the day was between 0.005 USD and 0.039 USD. Professional analysis provides a predictive framework based on supply and demand models:
It should be noted that the similarly named Token MobileGo (MGO) has a history of poor performance, currently priced at only 0.0005 dollars, and has no technical association with Mango Network. Investors should be wary of confusion risks.
Recently, the recovery of the cryptocurrency market provides a favorable background for MGO: Ethereum has rebounded from a low of 2,113 dollars to 2,525 dollars, with eased geopolitical tensions boosting capital inflow.
Potential risks cannot be ignored:
The market’s attention is focused on the third quarter - the Mango Network mainnet is about to fully open, with 12 Move ecosystem DeFi protocols and 8 Solana games confirmed for the first batch of migration.
If its multi-virtual machine concurrent stability withstands practical testing, combined with the deflation model to strengthen the scarcity of the Token, MGO is expected to establish a new equilibrium point in the range of 0.05 to 0.10 dollars. Technological innovation has always been the ultimate anchor for the value of crypto assets, and Mango Network is providing a large-scale experiment for this.