Mantle price is moving higher again. Right now MNT trades near $1.70, up on the day by 4% and standing out as the second biggest gainer in the market even while most other coins are sliding.
Trading volume is also up almost 15%, which tells you there’s solid demand behind the move. Many traders now wonder if this could be the setup that finally sends Mantle toward $3.
One of the biggest recent catalysts is Mantle’s Coinbase International futures listing, which went live on August 21. That’s a huge door-opener, because Coinbase reaches over 110 million users worldwide and gives big traders a new way to gain exposure.
Perpetual futures often add volatility and liquidity, and we’re already seeing that in MNT’s chart. The key thing to watch from here is open interest. If it keeps climbing, it supports the rally. If it flattens, some profit-taking could follow.
Technically, Mantle price still needs to clear resistance in the $1.40–$1.51 range, which lines up with its April 2024 all-time high. Holding above that area would give bulls even more confidence.
Another reason Mantle is attracting attention is Bybit’s big push. The exchange has rolled MNT into its Earn, OTC, and EU Launchpool programs with rewards that go as high as 36% APR. Right now, about 37% of Mantle’s $717 million daily volume flows through Bybit.
This is creating strong short-term demand. The only caution is that if these rewards slow down, buying pressure could ease. For now, though, Bybit is giving MNT a serious boost, with $1.25 acting as a key support zone if things cool off.
Fundamentals Make the $3 Target Look Realistic
Beyond exchange activity, Mantle’s own fundamentals are strong. Well-known trader Mizer points to four main reasons the token looks undervalued and ready for a run.
First, Bybit is weaving MNT deeply into its ecosystem, using it for fees, VIP perks, and new trading pairs. This is exactly what Binance did with BNB, and it creates steady, organic demand.
Second, Mantle has a huge treasury and ecosystem fund with unlocks controlled by governance. That means no sudden dilution and plenty of capital to keep building.
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Third, Mantle is already one of the top Layer-2 networks by total value locked and stablecoin float, proving it’s not just hype. There’s real usage and strong liquidity on-chain.
Finally, the growing “BNB 2.0” narrative and Bybit’s massive user base keep drawing in fresh capital. Every new integration strengthens what Mizer calls the Mantle “flywheel.”
Longed $MNT
— Mizer (@MizerXBT) September 14, 2025
1/ Bybit is baking $MNT into its stack (fees, VIP perks, more spot pairs), setting it up as a “BNB-for-Bybit” utility that drives recurring, organic demand.
2/ Large treasury + ecosystem fund, with controlled unlocks via governance, reduces dilution risk and gives… pic.twitter.com/iTgYONqka2
What’s Next for Mantle
With Coinbase futures bringing global liquidity, Bybit incentives driving retail interest, and on-chain activity backing the hype, Mantle has a lot going for it.
If the MNT price can stay above $1.40–$1.51 and keep momentum, a run toward $2.50 to $3.00 in the weeks ahead looks possible.
Markets can always surprise you, but right now Mantle’s setup looks solid. The mix of strong fundamentals and exchange-driven growth makes that $3 target feel more like a realistic goal than a long shot.
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