The invention relates to information input technology, in particular to a touch panel and a manufacturing method thereof. The touch panel comprises a substrate and an electrode layer. The electrode layer is formed on the substrate and comprises a plurality of parallel X-axis traces, a plurality of parallel Y-axis traces, a plurality of bridge structures and a plurality of insulation blocks. The plurality of X-axis traces intersect with the plurality of Y-axis traces, and the plurality of Y-axis traces are partitioned into a plurality of units by the plurality of X-axis trances. The bridge structures are positioned at intersections of the X-axis traces and the Y-axis traces and are used for connecting adjacent two units which are positioned on the two sides of the same X-axis trace and belong to the same Y-axis trace. The bridge structures are formed on the substrate; the insulation blocks are arranged on the bridge structures; the overlapped parts of the X-axis traces and the bridge structures are positioned on the insulation blocks; and the X-axis traces are insulated from the bridge structures through the insulation blocks. A manufacturing material and a process of the bridge structures are the same as the manufacturing material and the process of the X-axis traces and the Y-axis traces.