Why did the price of MNT fall?

Mantle (MNT) dropped 2.52% in the last 24 hours to $1.60, despite a strong 38.67% gain over the past week. Here are three main reasons:

1. Profit-taking after a big rally – MNT climbed 117% in 60 days, leading some traders to sell and take profits.
2. Technical signs of being overbought – The RSI14 indicator at 72.95 suggests demand is cooling off.
3. Overall market slowdown – The total crypto market value fell 0.52%, and momentum in altcoins eased.

In-Depth Analysis

1. Profit-Taking After a Big Rally (Bearish Impact)

Mantle’s price jumped 117% over two months, reaching near its all-time high of $1.50 in April 2024. As prices neared the $1.75 mark, which is a key psychological level, many traders likely sold to lock in profits (CryptoNewsLand). The 24-hour trading volume also dropped by 9.84% to $439 million, showing less buying interest.

What this means: After big price increases, it’s common for some investors to sell, causing a temporary pullback. Mantle’s price has been quite volatile (36.87% over 30 days), which can increase these ups and downs.

2. Overbought Technical Indicators (Mixed Impact)

Key technical points:

• RSI14: 72.95, which is close to the overbought zone, meaning the price might be due for a pause or pullback.
• MACD: Shows a bullish signal but momentum is slowing down.
• Resistance level: $1.75 (recent high)
• Support level: $1.59 (based on Fibonacci retracement).

What this means: The overall upward trend is still in place since the price is above the 7-day exponential moving average (EMA) at $1.45. However, the high RSI and failure to break above $1.75 suggest sellers are stepping in. If the price falls below $1.59, the correction could deepen.

3. Broader Market Weakness (Neutral Impact)

The total crypto market value dropped slightly by 0.52%, while Bitcoin’s dominance increased to 57.05%. The Altcoin Season Index fell 2.78% to 70, indicating investors are shifting funds back into Bitcoin. Mantle’s 24-hour loss of 2.52% was worse than Ethereum’s -0.84% and similar to Bitcoin’s -0.52%.

What this means: Altcoins like Mantle tend to be more sensitive to overall market trends and investor sentiment.

Conclusion

Mantle’s recent price drop is a normal part of the market cycle after a strong rally, influenced by technical resistance and weaker demand for altcoins. The medium-term outlook remains positive thanks to ongoing developments like centralized exchange integrations and real-world asset partnerships. Keep an eye on the $1.59 support level and Bitcoin’s price movements for clues on where Mantle might head next.

Key point to watch: Can Mantle stay above its 7-day EMA at $1.45 to keep the upward trend alive?

What could affect the price of MNT?

Mantle's price is caught between short-term excitement from exchange listings and long-term bets on its technology and ecosystem growth.

1. Bybit and Coinbase Listings – Could boost trading activity now but might lead to price drops after the initial hype.
2. ZK Rollup Upgrade – A technical improvement that could attract serious investors and developers.
3. Treasury Control – Nearly half of all Mantle tokens are held by the project, which could cause price swings if many tokens are sold.

Deep Dive

1. Exchange Partnerships & Listings (Mixed Effects)

Overview: Bybit now accounts for 37% of Mantle’s daily trading volume of $717 million through its Earn and OTC services (Cryptomus). Coinbase plans to list Mantle perpetual futures on August 21, which could make it easier for institutional investors to trade. Historically, tokens often see a price jump before such listings but may drop if trading interest fades afterward.

What this means: We might see a short-term price increase driven by retail investors’ excitement, but there’s a risk of profit-taking after August 21. For the price to stay strong, Mantle needs to prove its value beyond just exchange hype.

2. ZK Validity Rollup Upgrade (Positive Outlook)

Overview: Mantle recently upgraded its technology to use zero-knowledge (ZK) rollups through the Succinct SP1 update. This reduces withdrawal times from 7 days to just 1 hour and improves how efficiently capital is used—important for decentralized finance (DeFi) apps. The upgrade launched in late 2024, but so far, adoption by developers has been slow.

What this means: If more developers start building apps on Mantle after this upgrade, the total value locked (TVL) in the network—currently $2.36 billion—could grow, increasing demand for MNT tokens. For comparison, a similar upgrade on the Optimism network led to a 62% price increase in three months.

3. Treasury & Tokenomics Risks (Potential Downsides)

Overview: The Mantle Treasury controls 49% of the total 6.2 billion MNT tokens (CoinMarketCap). Although 3 billion tokens were burned earlier this year, large token unlocks, like the $COOK token generation event in Q4, could put downward pressure on prices if not managed carefully.

What this means: The treasury sells about 100 million MNT tokens each month to fund ecosystem incentives, which is about 3% of current trading volume. If Mantle misses key product goals, the risk of large token sales increasing price volatility goes up.

Conclusion

Mantle’s future price depends on turning short-term trading excitement into lasting adoption through its ZK technology and mETH Protocol. The upcoming Coinbase listing and Bybit’s platform token strategy offer near-term boosts, but the $0.81 level (200-day moving average) is a key support to watch. Pay close attention to trading interest after August 21—will institutional investors hold their positions or sell off?

What are people saying about MNT?

Mantle’s community is buzzing with excitement over new exchange partnerships and recent price movements. Here’s what’s trending:

1. Bybit partnership sparks optimism for growth similar to BNB
2. Mantle hits an all-time high (ATH), driving positive momentum despite signs of being overbought
3. Technical indicators warn of a possible short-term price pullback

Deep Dive

1. @0xBwayne: Bybit integration boosts Mantle’s ecosystem (bullish)

“Bybit’s Launchpool, OTC, and derivatives bring over $30 billion in daily trading volume to Mantle… feels like a repeat of BNB’s success!”
– @0xBwayne (18.2K followers · 2.1M impressions · 2025-08-22 18:06 UTC)
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What this means: This is positive for Mantle (MNT) because deep integration with a major exchange like Bybit creates real demand for the token, similar to how Binance Coin (BNB) grew by becoming essential to its exchange ecosystem.

2. @coin68: MNT reaches $1.54 ATH amid limited supply (bullish)

“Data shows large holders (whales) are accumulating MNT while exchanges see withdrawals. Bybit’s addition of 18 new trading pairs has driven a 60% monthly price surge.”
– @coin68 (89K followers · 3.4M impressions · 2025-09-11 08:17 UTC)
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What this means: This is a positive sign for MNT because fewer tokens available on exchanges, combined with big investors buying in, could push prices higher if everyday traders jump in out of fear of missing out (FOMO).

3. @johnmorganFL: Technical signals suggest a possible 15% price correction (bearish)

“Mantle’s Relative Strength Index (RSI) is at 74.98, indicating the token may be overbought. A failed breakout at $1.20 could lead to a pullback to $1.04 support.”
– @johnmorganFL (142K followers · 890K impressions · 2025-08-08 09:03 UTC)
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What this means: This is a short-term warning that prices might drop about 15%, especially as traders using derivatives watch for price moves below $1.10. However, the strong 90-day rally of 156% suggests buyers are still interested in buying dips.

Conclusion

The overall outlook for Mantle is optimistic but cautious. Institutional partnerships and supply trends support long-term growth, but technical signals suggest some near-term price swings. Keep an eye on the $1.20 resistance level—closing above it for the week could confirm Mantle as a leading Layer 2 (L2) solution, while failure to break through might test how committed holders are.

What is the latest news about MNT?

Mantle (MNT) is gaining momentum thanks to major exchange activity but faces some technical hurdles ahead. Here’s a quick update:

1. Coinbase Futures Launch (August 21, 2025) – MNT jumped 26% before the launch, but how open interest behaves afterward will show if this rally can last.
2. Bybit Roadmap Expansion (August 29, 2025) – A new partnership will bring MNT to over 20 spot trading pairs and options, increasing its use.
3. All-Time High (September 11, 2025) – MNT reached $1.54, helped by large investors buying and Bybit adding more trading options.

Deep Dive

1. Coinbase Futures Launch (August 21, 2025)

What happened:
Mantle’s perpetual futures started trading on Coinbase International, pushing the price up to $1.37—a 26% increase in one week. Before this, Bybit had already integrated MNT into its Earn and OTC products, contributing to 37% of its $717 million daily trading volume.

Why it matters:
This is generally positive for MNT because it opens the door for institutional investors. However, past trends show that prices might dip after the initial excitement if open interest (the number of active contracts) drops. Watch the $1.25 level as key support.
(Cryptomus)

2. Bybit Roadmap Expansion (August 29, 2025)

What happened:
Mantle and Bybit announced plans to grow MNT’s presence by adding more than 20 spot trading pairs and options trading. This follows Bybit’s incentives offering 36% APR and prize pools totaling $250,000 to attract users.

Why it matters:
This is good news for MNT’s usability and liquidity, making it easier for everyday traders to buy and sell. However, heavy reliance on promotions could cause short-term price swings. This partnership supports Mantle’s goal of building a “liquidity chain.”
(@andr_crypto)

3. All-Time High (September 11, 2025)

What happened:
MNT hit a new record price of $1.54 with a market cap of $5 billion. This was driven by large investors accumulating coins and Bybit adding 18 new trading pairs.

Why it matters:
While this shows strong demand, some technical signals suggest caution. The Relative Strength Index (RSI) is at 75, indicating the coin might be overbought. Also, a rising wedge chart pattern could mean a price drop if the $1.50 resistance level holds.
(@coin68)

Conclusion

Mantle’s recent gains are fueled by exchange activity and big investors, but technical signs warn of possible pullbacks. Watch for daily closes above $1.40 to see if the momentum continues or if profit-taking near $1.50 causes a dip.

What is expected in the development of MNT?

Mantle’s roadmap is all about connecting traditional finance (TradFi) with decentralized finance (DeFi) by offering banking solutions, institutional products, and growing its ecosystem.

1. Mantle Banking Global Launch (Q4 2025) – A combined fiat and crypto app featuring virtual cards and automated investment options.
2. Bybit Partnership Milestones (2025–2026) – Expanding $MNT trading pairs and launching new trading products on the Bybit exchange.
3. ZK Rollup Transition (2025–2026) – Upgrading to a more secure and scalable blockchain technology using Succinct’s SP1.
4. MI4 Fund Expansion (2026) – Fully integrating the $400 million Mantle Index Four (MI4) fund into Mantle Banking with cross-chain support.

Deep Dive

1. Mantle Banking Global Launch (Q4 2025)

Overview: Mantle Banking is a crypto-focused digital bank currently in beta testing. It plans to launch globally between late 2025 and early 2026. The app will let users manage both traditional money (fiat) and cryptocurrencies in one place, use virtual and physical cards, and automatically invest in the MI4 fund. It’s built on Mantle Network’s modular system, using EigenDA for reliable data storage and Succinct’s zero-knowledge proofs for strong security.

What this means: This is positive news for $MNT holders because making it easy to use both traditional and crypto finance in one app could attract everyday users. However, challenges include navigating regulations and how quickly people adopt the platform (Mantle Q2 2025 Letter).

2. Bybit Partnership Milestones (2025–2026)

Overview: Mantle is working closely with Bybit, a major crypto exchange. They plan to increase the number of $MNT trading pairs from 4 to over 20 and introduce options trading by the end of 2025. They also aim to integrate $MNT deeper into Bybit’s Earn program, over-the-counter (OTC) trading, and collateral systems (X post).

What this means: This partnership could boost $MNT’s liquidity and usefulness since Bybit handles over $30 billion in daily trading volume. Still, growth tied to exchanges depends on overall market conditions.

3. ZK Rollup Transition (2025–2026)

Overview: Mantle is upgrading its blockchain technology from an optimistic rollup to a zero-knowledge (ZK) validity rollup using Succinct’s SP1, which is currently being tested. This upgrade aims to reduce transaction confirmation time from 7 days to just 1 hour and provide security suitable for institutional users.

What this means: This is generally positive because better scalability and security can attract more developers and users. However, delays in testing or integrating key components like EigenDA could slow progress (Mantle Q2 2025 Letter).

4. MI4 Fund Expansion (2026)

Overview: The MI4 fund is a $400 million tokenized portfolio that acts like an “S&P 500 of crypto,” holding major cryptocurrencies like Bitcoin (50%), Ethereum (26.5%), and Solana (8.5%), plus staked yields. Mantle plans to fully integrate this fund into Mantle Banking by 2026, with support across multiple blockchains.

What this means: This could attract institutional investors looking for diversified crypto exposure. Success depends on clear regulations around tokenized funds and continued growth in the crypto market.

Conclusion

Mantle’s roadmap focuses on delivering real-world value through banking services, exchange partnerships, and technical improvements. By integrating the MI4 fund and leveraging Bybit’s liquidity, $MNT could become a key link between traditional finance and decentralized ecosystems. The big question is whether Mantle’s focus on institutional products will help it outpace competitors like Arbitrum in meeting the demand from traditional finance.

What updates are there in the MNT code base?

In August 2025, Mantle’s software received major improvements, including better performance, important security fixes, and updates to stay compatible with Ethereum’s latest changes.

1. Mainnet Skadi Fork (Aug 27, 2025) – Updated Mantle to work smoothly with Ethereum’s Prague upgrade.
2. Performance & Security Overhaul (Aug 25, 2025) – Improved transaction speed, fixed over 25 security issues, and made the network more stable.
3. EigenDA Integration Prep (Jul 12, 2025) – Prepared Mantle for future scaling technology to lower costs and improve data handling.

Deep Dive

1. Mainnet Skadi Fork (Aug 27, 2025)

What happened: Mantle updated its core software to support new features from Ethereum’s Prague upgrade, including tools that make zero-knowledge proofs (a way to verify transactions privately and efficiently) faster.

The update (version 1.3.2) added a feature called optimism_safeHeadAtL1Block that speeds up proof generation, helping Mantle stay compatible with Ethereum’s latest protocols.

Why it matters: This update helps Mantle stay current with Ethereum’s evolving technology, making it easier for developers to build apps that work across both networks. This future-proofs Mantle and makes it more attractive for new projects. (Source)

2. Performance & Security Overhaul (Aug 25, 2025)

What happened: Version 0.4.3 focused on making transactions faster and the network more secure by fixing over 25 vulnerabilities and improving how data is processed.

Key improvements include:

• Separating data handling between Ethereum’s main layer (L1) and Mantle’s layer (L2), reducing delays by about 15%.
• Fixing issues found during a security audit by ConsenSys, such as token validation problems.
• Adding passphrase protection during key generation to prevent private key leaks.

Why it matters: These changes reduce risks and improve user experience by speeding up transactions and making the network more reliable. Overall, this is a positive step for Mantle’s stability and security. (Source)

3. EigenDA Integration Prep (Jul 12, 2025)

What happened: The beta release 0.4.2-beta.0 prepared Mantle for integrating EigenDA, a new data availability technology that can significantly lower transaction costs.

This update improved how Mantle retrieves data and added stronger penalties for nodes that fail to provide data properly. It also introduced options to choose between EigenDA and Ethereum’s data submission methods.

Why it matters: Integrating EigenDA could cut Mantle’s transaction costs by about 90% compared to current Ethereum rollups, making it much cheaper to use in the long run. This sets the stage for more scalable and affordable blockchain applications. (Source)

Conclusion

Mantle’s recent updates focus on staying compatible with Ethereum, improving data handling for scalability, and enhancing security to meet enterprise standards. With zero-knowledge proof readiness and EigenDA tools now in place, the big question is: how quickly will developers use these upgrades to bring real-world assets onto Mantle?