MTL - Price, Charts & Blockchain Insights

24H High

0.295

24H Low

0.285

24H Volume

191.33K

24H Volatility

3.51%

All Time High

10.364

All Time Low

0.1047

Correlation with BTC

0.54

Return On Investment

-34.67%

Market Cap

26.67M

Metal DAO (MTL) is the utility and governance token of the Metal L2 Optimistic Rollup, part of the Superchain, used to pay for gas fees on the network.MTL governs the Metal L2 network through the Metal DAO, enabling holders to vote on governance decisions and grant allocations. This includes the ability to propose new stablecoins for the Metal Dollar basket, decide their allocation ratios, and vote in new stablecoin issuers such as community banks or fintechs.Metal Pay offers tiered trading discounts to MTL holders when using the Metal Pay cash and crypto app. Notably, Metal Pay customers with over 10,000 MTL enjoy 0% fees on all cryptocurrency purchases.Metal L2 is a cutting-edge Layer 2 Ethereum scaling solution launched by Metallicus, aimed at integrating traditional finance with decentralized finance. As part of the Optimism Superchain, Metal L2 stands out by providing direct connections to banks, payment partners, and on-chain identity solutions, ensuring scalability in Web3 while maintaining rigorous compliance. The network introduces the Metal Dollar (XMD), a stablecoin facilitating instant transfers between major stablecoins and fiat.Metal L2 leverages the Layer 0 Metal Blockchain, supporting compliance with industry regulations like the Bank Secrecy Act (BSA), and promises to connect dApps to a broader payments and banking network, enhancing user-friendly digital banking experiences and contributing to the Optimism ecosystem.

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Social Media Sentiment

Bullish

0 Bullish

0 Neutral

0 Bearish

The current sentiment of MTL on social media as of April 16, 2026 indicates a Bullish rating, with 0 users expressing a positive Bullish sentiment, 0 users opting for a Neutral, and 0 users suggesting a Bearish. This reflects a generally optimistic outlook among social media participants regarding MTL's future outlook. While social media sentiment can provide valuable insights into public perception and market trends, its reliability as a sole reference for cryptocurrency investment decisions is limited. The data is often influenced by a small, vocal subset of users, which may not represent the broader market or include professional analysis. Factors such as hype, manipulation, or coordinated campaigns can skew sentiment, reducing its accuracy.