Buy Decentraland (MANA): price and performance

Why buy Decentraland (MANA)

Buying MANA might be the right choice if you think the future of the Metaverse will be as promising as it was in 2021. The development environment allows you to run outlets and promote your creativity. Possessing a certain amount of MANA also entitles one to become a member of DAO (Decentralised Autonomous Organisation). This makes it possible to make proposals and vote on the development of the metaverse. Buying MANA from Decentraland is a valid ticket into one of the most popular metaverse developed on Blockchain.

Price performance of MANA

In 2024, Decentraland (MANA) introduced significant innovations, including new payment options in the Marketplace and developing a new Desktop Client designed to enhance the user experience and support future advanced functionality. On the price front, MANA has experienced significant fluctuations: as of February 2025, it is trading at USD 0.31, with a daily trading volume of USD 39.62 million, ranking 107th in market capitalisation. Forecasts for 2025 vary: some analysts estimate a value between USD 0.50 and USD 1.69, with a potential increase of 185%, while others predict a range between USD 1.27 and USD 1.57. Decentraland remains one of the industry’s most popular decentralised virtual reality projects as the ecosystem develops.

What it is and how it came into being

Decentraland is a virtual world project launched by developers Esteban Ordano and Ariel Meilich. The concept originated in 2015, and a couple of years later, it held an initial coin offering (ICO) that raised 86,206 Ether, providing the funding needed to develop the Metaverse platform. 

This virtual environment is divided into 90,000 parcels of land, known as LAND, and operates with a cryptocurrency called MANA, which facilitates the exchange of goods among its users. Anyone can participate in Decentraland, making it an open world where individuals can socialize, start businesses, and explore various locations. The Decentraland Foundation oversees the platform, which has been publicly accessible since February 2020. The platform underwent several stages of development before reaching its current form. In 2015, it was simple 2D software that allowed users to buy pixels, but it has since evolved into the expansive 3D world we see today.