Mantle (MNT) has reignited its bullish momentum, surging 30% in the past 24 hours to reclaim the $2.20 level after dipping as low as $1.50 over the weekend. The swift rebound underscores renewed buyer confidence following last week’s sharp correction from record highs. Related Reading: Solana (SOL) Pushes Higher Again – Has It Finally Found Its Short-Term Bottom? While MNT remains below its $2.84–$2.86 all-time high, the strong recovery suggests bulls are regaining control, potentially setting the stage for another push toward the upper range if momentum holds. Spot activity exploded, with daily trading volume up more than 60% to about $1.2 billion, while futures open interest climbed 9% to $269.7 million, a signal that speculative demand is accelerating alongside spot buying. MNT's price bounces back following major losses on the daily chart. Source: MNTUSD on Tradingview Fundamental Tailwinds: RWAs, Stablecoin Liquidity, and Exchange Distribution Beyond the chart, Mantle’s rally is grounded in clear catalysts. The network’s Tokenization-as-a-Service (TaaS)stack is pulling real-world asset issuers on-chain, while the launch of USD1, a new stablecoin building on Mantle, is injecting fresh liquidity and utility into its DeFi rails. Distribution is another edge: Mantle’s deepening Bybit integration (treasury programs, listings, and roadmap alignment) is funneling sustained order flow, not just one-off hype. Analysts also highlight Mantle’s modular design (execution on Mantle with EigenDA for data availability and OP-stack upgrades) that lowers costs and improves throughput, important for tokenization, trading, and payments use cases. Can Mantle (MNT) Bulls Clear $3? The Levels and Scenarios Momentum favors further upside as a decisive close above $2.87 could open the door to $3.00, with extended targets near $3.60 if volume and open interest continue to rise. On the downside, $2.50–$2.55 is initial intraday support, followed by the must-hold $1.90–$2.00 zone; losing that would risk a deeper retrace toward $1.60–$1.75 where buyers last reloaded. For now, breadth (spot + derivatives), rising participation, and a tight, orderly trend argue for trend continuation rather than a blow-off top. Related Reading: Bitcoin Fear & Greed Index Crashes To Lowest Level In 6 Months, Is A Market Rebound Coming? Technically, MNT’s clean breakout above $2.00 was followed by strong follow-through and a steady series of higher lows. As long as price holds the $1.90–$2.00 demand zone, the bull structure remains intact, with traders eyeing $2.87 (recent high) and the psychological $3.00 mark next. Cover image from ChatGPT, MNTUSD chart from Tradingview
Mantle (MNT) is bucking the broader market downturn, jumping 4% daily and 31% weekly to trade near $2.44 after printing a new all-time high at $2.47 (Oct. 7). Related Reading: Ethereum Faces TD Sell Signal At Key Resistance—$4,100 Next? The catalyst stack is clear: Mantle unveiled a compliance-first Real-World Assets (RWA) “Tokenization-as-a-Service” suite at Token2049, positioning the L2 as one of the few ecosystems building institutional-grade RWA rails. Momentum accelerated as World Liberty Financial confirmed its USD1 stablecoin, currently the #6 stablecoin with $2.6 billion cap, will launch on Mantle, a credibility boost for the network’s DeFi and payments footprint. A deeper “Mantle × Bybit Roadmap” adds distribution as Bybit processes over $30 billion in daily volume, offering Mantle instant visibility to a global trading base. Despite Profit-Taking, Volumes, Futures, and Liquidity Show Real Demand Recently, Spot activity has exploded as daily volume climbed from $125M in early September to over $612 million, while market cap nearly doubled to $7.3 billion, lifting Mantle into the top 35. Derivatives confirm conviction, open interest rose 26% to $4.85 billion, and funding stayed positive for nearly two weeks. On the chart, MNT invalidated a textbook bearish rising-wedge by breaking upward, then stacked short-term MAs above long-term, with a 50/200-day “golden cross” and a bullish MACD backdrop to match the narrative. One yellow flag, “smart money” holdings slid 49% over 30 days to 18.1 million MNT (Nansen), implying selective profit-taking into strength. That doesn’t break the uptrend, but it does argue for disciplined risk management and attention to spot-led versus leverage-led pushes. Key levels: Can Mantle (MNT) Clear $2.60 and Open a Path to $3? Technically, MNT’s structure remains constructive. Immediate support sits near $2.00–$2.10 (watch the $2.09 gap); holding above keeps the higher-low sequence intact. Overhead, $2.60 is the next inflection and a psychological line in the sand; a high-volume daily close above $2.60 would set up a measured move toward $2.85–$3.00. MNT's price trends to the upside on the daily chart. Source: MNTUSD on Tradingview Failure to reclaim $2.60 on rising volume raises the odds of a reset into the $2.20s, where bulls will try to defend momentum against the backdrop of a softer crypto tape. Why it matters: RWAs are moving from narrative to implementation, and Mantle has planted a flag with compliance tooling, stablecoin depth (USD1), and CEX–L2 integration. Related Reading: The Historical Performance That Says Dogecoin Price Will Hit $11.71 By End Of Year In a week where majors wobbled, MNT’s breakout underscores where capital is rotating: networks shipping product-market fit, liquidity on-ramps, and institutional-friendly primitives. If the RWA pipeline and USD1 liquidity arrive on schedule, Mantle’s bid to sustain price discovery above ATHs remains open. Cover image from ChatGPT, MNTUSD chart from Tradingview
Mantle (MNT) has emerged as the top gainer in the crypto market, soaring to a new all-time high of $1.65 on September 11. The token is up 18% in 24 hours, 46% over the past week, and an impressive 65% in the last month. Related Reading: Bitcoin Jumps Past $114K As Markets Eye Fed Easing After PPI Report With a market cap of $5.3 billion and fully diluted valuation at $10.1 billion, Mantle’s surge is being fueled by its deepening partnership with Bybit. The initiative, branded as “MNT x Bybit 2.0,” introduced 21 new trading pairs against top assets like ETH, SOL, ADA, and SUI. Bybit also launched a “HODL & Earn” campaign, rewarding Mantle holders with a share of a 60,000 XUSD pool. This has led to a sharp spike in activity, with spot volume climbing 41% to $655 million and futures volume more than doubling to $268 million. Open interest jumped to $203 million, reflecting heightened speculative demand. MNT's price records important bullish momentum on the daily chart. Source: MNTUSD chart from Tradingview Technical Indicators Point to Momentum, and Risk The breakout has placed Mantle firmly above $1.60, with strong support from short-term moving averages. The 10-day EMA at $1.32 and 20-day SMA at $1.22 are trending upward, while momentum indicators like MACD and Momentum remain bullish. Analysts suggest that if the uptrend continues, MNT could test resistance levels of $1.80-$2.00. However, warning signals are emerging. The RSI has climbed above 70, flashing overbought conditions, while the Commodity Channel Index (CCI) surged above 300. Both indicators often precede short-term pullbacks. Bollinger Bands also show price hugging the upper band, suggesting high volatility ahead. What’s Next for Mantle (MNT)? Mantle’s future trajectory will hinge on whether it can sustain demand generated by Bybit’s expansion and its omnichain integration via LayerZero, which boosts utility across multiple blockchains. Its growing role in DeFi, connected with a rising TVL of $1.8 billion, strengthens the bullish case. Related Reading: Dormant Bitcoin Waking Up: Over 600K BTC Moved Onchain In Weeks However, analysts warn that profit-taking or broader market shifts could trigger a correction toward $1.22–$1.36 support zones. For now, investor confidence remains high, but the key question is whether Mantle can build on its momentum or if the rally is nearing exhaustion. Cover image from ChatGPT, MNTUSD chart from Tradingview