Mantle (MNT) Price Explodes to a Fresh All-Time High – Here’s What’s Driving It

Mantle price is on a tear right now. The token jumped 10% in the past day, making it the top gainer in the market and setting a new all-time high (ATH) of $1.67. 

At the moment, MNT trades around $1.61, and trading volume is up about 30%. The chart shows momentum is still strong, and traders are asking the big question: how much higher can it go?

What the MNT Chart Is Showing

Analyst Alex Wacy shared a daily chart that paints a very bullish picture. Mantle price has already climbed more than 180% since July and just smashed through a key resistance zone to enter price discovery mode.

Wacy sees a potential step-by-step move toward $2 as the next big milestone. If the rally keeps building, some projections even point to the $3.50 area based on longer-term Fibonacci targets.

On-chain numbers are backing up the excitement too. Stablecoin growth, market cap, and trading volume have all surged, but Wacy argues MNT is still undervalued compared to other layer-1 and layer-2 projects. That mix of strong fundamentals and technical strength is exactly what’s drawing in fresh buyers.

What’s Fueling Mantle Price Rally

This breakout isn’t coming out of nowhere. Several major catalysts are working together to push MNT higher.

Ecosystem Growth

Mantle’s stablecoin supply just hit a record $713.8 million, up 210% year-on-year. Fresh use cases like GMX’s MNT/USD perpetuals on Arbitrum are adding even more liquidity.

While today’s rally has a strong technical flavor, these fundamentals help build a longer-term floor. Real-world projects like the UR neobank beta could add more support as adoption widens.

Network Buzz and Treasury Muscle

According to BeInCrypto, network activity has exploded 300% since September 7, and social buzz around Mantle is everywhere. 

Influencer Kong Trading pointed out Mantle’s $2.3 billion treasury and a $200 million fund aimed at AI and infrastructure. That’s serious firepower to keep the ecosystem growing and the token supported.

Bybit’s Big Push

Then there’s Bybit’s “MNT x Bybit 2.0” roadmap, which expands Mantle’s role across trading, payments, savings, and launchpool programs. 

As Coin Bureau highlighted, deeper integration means real demand for MNT well beyond short-term speculation.

Perks for Retail and DeFi Users

Wacy also noted a long list of retail perks: larger allocations in Megadrop and Launchpool events, zero conversion fees on card payments, VIP cashback rewards, and new spot trading pairs expanding from 4 to 20+. 

Combine that with a rapidly growing stablecoin economy and easier large buys with lower slippage, and the case for sustained demand keeps getting stronger.

Read Also: Analyst Reveals “Golden Opportunity” to Buy SEI Before Next Leg Up

Mantle Price Short-Term Outlook

Mantle now boasts a $5 billion market cap and $9.6 billion fully diluted value. Traders are watching to see if it can hold above $1.60–$1.67 and make a run toward $2 in the coming weeks.

If momentum and ecosystem growth stay on track, analysts think Mantle price could push toward $3 or even $3.50 over the next few months.

Bottom line: Mantle rally isn’t just a random spike. With a huge treasury, rising DeFi integrations, and a growing base of retail users, the pieces are falling into place for a bigger move. Whether it stops at $2 or keeps climbing, MNT has clearly stepped into crypto’s major league.

Subscribe to our YouTube channel for daily crypto updates, market insights, and expert analysis.

intelligent crypto
How are  regular people making returns of as much as 70% in a year with no risk?  By properly setting up a FREE Pionex grid bot - click the button to learn more.
Crypto arbitrage still works like a charm, if you do it right! Check out Alphador, leading crypto arbitrage bot to learn the best way of doing it.

Tags:

Boluwatife Afe
Boluwatife Afe

Boluwatife is a dedicated content strategist specializing in the crypto industry and is passionate about blockchain technology and digital currencies. With a keen eye for emerging trends and a talent for making complex topics accessible, Boluwatife aims to educate and inspire the crypto community through engaging and insightful content.

CaptainAltcoin
Logo