Mantle price is heating up fast. The token has jumped more than 25% this week, including a 16% surge in just the past 24 day, pushing price to around $1.47.
That puts it within touching distance of its all-time high at $1.51, and traders are asking the obvious question: is $2 on the table?
What you'll learn 👉
What the MNT Chart Is Showing
Analyst Crypto Winkle highlighted the breakout in a fresh chart. The setup is clean, MNT price broke through a big resistance zone and ripped higher, leaving very little in the way until the old all-time high. If that breaks, the next leg could easily stretch toward the $2 mark.
One thing to keep in mind, though. The RSI is overbought at the moment, and generally speaking, that does mean that there could be a short-term drop before the bull run continues. But generally speaking, the trend looks good and momentum is emphatically with Mantle.
What’s Fueling the Rally
So what’s behind this surge? There are a few key drivers. First, the launch of Coinbase futures for MNT on August 21 has pulled in more institutional attention. Then you’ve got Bybit promos, a 250K USDT campaign that’s been pushing retail traders into the market, adding both excitement and volatility.
On top of that, AltCryptoGems’ Sjuul pointed out that whales have been loading up on MNT while retail hype climbs. That combo often sets the stage for big moves.
ON THE RISE?!@Mantle_Official – $MNT is on the rise this week, and it's had a price increase of over 25%! This #Bullish rise is due to recent #ByBit integration and huge whale accumulation of the #token!
— Sjuul | AltCryptoGems (@AltCryptoGems) September 10, 2025
Source: @CoinMarketCap pic.twitter.com/8sFbM5kDuY
Read Also: Here’s XRP Price If Ethereum Reaches $25,000
Why Analysts See More Upside For Mantle Price
Some analysts argue this isn’t just hype, it’s fundamentals catching up. Mercek noted that Mantle’s weekly trading volume is up nearly 60%, thanks to structural changes like higher loan-to-value ratios for collateral, fee discounts, and deeper liquidity from new spot pairs.
$MNT is starting to look like one of the most asymmetric plays.
— Mercek (@WorldOfMercek) September 10, 2025
Volume +58% WoW it’s the effect of the market pricing in structural changes.
MNT as collateral at higher LTVs, fee discounts driving sticky demand, and new spot pairs deepening liquidity.
Unlike BNB or OKB,… pic.twitter.com/DyuPzkeKYV
He compared Mantle’s token mechanics to big players like BNB and OKB, where exchange activity feeds into token demand, buybacks, and price pressure.
The difference? MNT is still trading at much lower valuation multiples, 5 to 10x cheaper than its peers. In other words, there’s room for the market to re-rate Mantle higher.
Can Mantle Price Really Hit $2?
Right now, the big level to watch is that $1.51 all-time high. If it gets cleared by it and remains above, then $2 no longer remains an illusion and starts appearing like a short-term realistic target. If the momentum falls, support in the region of $1.20–$1.30 has to hold in order to continue the breakout.
Bottom line: Mantle’s combination of whale accumulation, exchange integrations, and sound technicals makes it one of the hottest tokens on the market right now. The momentum is there; now, all eyes are on whether MNT price can smash through $1.51 and start sprinting toward $2.
Subscribe to our YouTube channel for daily crypto updates, market insights, and expert analysis.
