MANTRA's native token fell 18.5% from its 24-hour high to an all-time low of $0.004126 from $0.005060 around 11:00 pm UTC on Thursday, shortly before MANTRA Chain stopped producing blocks. The token later recovered to about $0.0044 but remained down roughly 10% over 24 hours, while trading volume rose nearly 600% to $24 million, according to CoinGecko. MANTRA said Friday that it was investigating an incident affecting the network and had halted it as a precaution, with all endpoints and transactions frozen. The outage affects public endpoints, validators, bridge migration operations and MANTRA-managed Inter-Blockchain Communication relays. The network's latest publicly listed block was 17,449,398, produced at 11:13 pm UTC on Thursday; MANTRA posted its initial incident notice at 11:44 pm. Exchanges affected by the halt paused deposits and withdrawals, with no resumption timeline. MANTRA has not said whether the price move was linked to the incident or whether assets were lost or placed at risk. The decline follows the April 2025 collapse of MANTRA's former OM token, which fell more than 90% from about $6.30 to below $0.50 and erased more than $5 billion in market value.