MANTRA Chain, a layer 1 blockchain specialized in real world asset (RWA) tokenization, suspended all transactions on Thursday following an unidentified incident, blocking deposits and withdrawals without an official cause or announced recovery timeline. The OM token dropped approximately 10% in twenty-four hours amid complete silence from the team, which is urging users to rely solely on its official channels. This new episode brings back memories of April 2025, when the same token lost over 90% of its value in a few hours, erasing more than 5 billion dollars in market capitalization and triggering the liquidation of 71.8 million dollars in positions. The incident occurs in a delicate context for the RWA sector, which is seeking to reassure institutional investors as the tokenization market has grown tenfold between 2025 and 2026.
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