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Multi Network launches Multipass Mining Phase 2, offering cross-chain rewards and staking opportunities across major blockchain networks.
Author: Akshay
Published On: Wed, 22 Oct 2025 10:25:30 GMT
October 22, 2025 – Multi Network has activated Multipass Mining Phase 2, its next milestone in cross-chain interoperability. The upgrade, accessible via multipass.multiplenetwork.org, introduces advanced staking, yield optimization, and dynamic reward tiers offering up to 25% APY. Users can stake $MTP tokens or bridged assets to earn passive rewards while supporting network validation and liquidity growth across Ethereum, Solana, and BNB Chain.
The launch of Multipass Mining Phase 2 follows the success of Phase 1, which processed over $5 million in cross-chain volume. Originating in 2023, Multi Network was founded to unify fragmented liquidity layers through decentralized bridging solutions. Its $MTP token, introduced in early 2024, cultivated a strong community of over 50,000 users through early bridge airdrops and testnet participation.
Phase 2 evolves this foundation with sustainable tokenomics, reimagining mining as staking rather than energy-intensive Proof of Work. Supported by $8 million in funding from Binance Labs, Multi Network has since expanded into a full ecosystem of 15 dApps and yield platforms, strengthening its foothold in the growing cross-chain sector.
The activation of Multipass Mining Phase 2 has generated rapid traction, with $MTP trading volume surging 35% to $12 million and token value climbing 8% to $0.045. Analysts project $20–50 million in staked assets over the next quarter as investors pursue Phase 2’s competitive returns.
This expansion could amplify the broader interoperability market, potentially driving 15% sector-wide growth by Q4 2025. By combining security, scalability, and passive yield, Multi Network aims to forge a unified DeFi environment—bridging ecosystems, reducing exploit risks, and empowering users to earn sustainably in a connected Web3 economy.
Multi Network’s latest upgrade, launched October 22, 2025, enhances cross-chain interoperability by enabling $MTP staking with up to 25% APY across Ethereum, Solana, and BNB Chain. Backed by $8M from Binance Labs, it unifies DeFi liquidity, reduces bridge risks, and drives sustainable yields in a $1T cross-chain market.
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