Why did the price of MNT fall?

Mantle (MNT) dropped 1.47% in the last 24 hours, despite strong gains of 16% over the past week and 73% over the past month. This small decline fits with a broader trend of the crypto market taking a breather after a big rally, as investors lock in profits.

1. Profit-taking after all-time high (ATH) – Traders cashed out after MNT reached $2.
2. Technical resistance – MNT couldn’t break above $2, leading to short-term selling.
3. Market rotation – Some investors shifted money from altcoins like MNT to Bitcoin.

Deep Dive

1. Profit-Taking After All-Time High (Short-Term Downside)

What happened: On October 2, MNT hit a new all-time high of $2 following the launch of Mantle’s Tokenization-as-a-Service platform and a major $2 billion stablecoin deployment by World Liberty Financial. After such a big run-up (246% gain in 90 days), some traders took profits, causing a price dip in the last 24 hours.

Why it matters: Prices often face selling pressure near round numbers like $2, as traders lock in gains. Data shows more MNT tokens moving to exchanges after the ATH, indicating profit-taking.

What to watch: Keep an eye on how many MNT tokens are moving off exchanges. If outflows increase, it could mean investors are buying back in.

2. Technical Resistance at $2 (Mixed Signals)

What happened: MNT hit resistance at the $2 level, which corresponds to a key Fibonacci extension—a technical analysis tool used to predict price targets. Indicators like the RSI (Relative Strength Index) dropped from overbought levels, and the MACD histogram showed weakening momentum.

Why it matters: Traders often sell near these technical levels. Support now sits around $1.78 and $1.65. If MNT falls below $1.78, the price correction might deepen.

3. Market Rotation Away from Altcoins (Neutral Impact)

What happened: The crypto Fear & Greed Index, which measures market sentiment, fell from 67 to 57, showing more caution. Bitcoin’s market dominance stayed steady at 58%, suggesting investors are favoring Bitcoin over altcoins like MNT for now.

Why it matters: MNT’s slight underperformance (-1.47%) compared to the overall market (+1.47%) is typical during these periods when investors shift focus to Bitcoin.

Conclusion

The recent dip in MNT is mainly due to natural profit-taking after a strong rally, hitting technical resistance, and a short-term shift in investor sentiment toward Bitcoin. Despite this, Mantle’s ongoing developments—like its focus on real-world assets and integration with Bybit—point to long-term potential. Traders are just adjusting their positions cautiously.

Key point to watch: Will MNT stay above its 7-day simple moving average ($1.83)? Holding this level is important to keep the bullish trend intact.

What could affect the price of MNT?

Mantle’s price is currently balancing between growing interest in real-world assets (RWA) and some technical signs that suggest it might be overbought.

1. RWA Tokenization Growth – The addition of a $2 billion USD1 stablecoin boosts Mantle’s ecosystem usefulness.
2. Bybit Partnership – Listing on Bybit, a major exchange with over $30 billion in daily trading volume, increases liquidity for MNT.
3. ZK Rollup Upgrade – Faster 1-hour withdrawals compared to competitors’ 7-day waits could attract institutional investors.

Deep Dive

1. Real-World Asset Expansion (Positive Outlook)

What’s happening: Mantle launched a Tokenization-as-a-Service platform on October 2, 2025, aiming to tap into the growing $26 billion market for tokenized real-world assets. It recently integrated World Liberty Financial’s $2 billion USD1 stablecoin (Coindesk) and partnered with institutions like Bybit. This positions Mantle as a Layer 2 blockchain that complies with regulations and supports asset tokenization.

Why it matters: Real-world asset tokenization is expected to grow into a multi-trillion-dollar market by 2030. This could create steady demand for MNT, which is used for transaction fees and governance on the network. However, wider adoption depends on clear regulations around tokenized assets.

2. Bybit’s Ecosystem Integration (Mixed Effects)

What’s happening: Bybit plans to increase the number of MNT trading pairs from 4 to over 20 and introduce options trading (X). MNT is now used on Bybit as collateral, for fee discounts, and as a rewards token on a platform with more than $30 billion in daily trading volume.

Why it matters: This deeper integration improves liquidity, making it easier to buy and sell MNT. But there’s a risk that MNT’s price depends too much on exchange-driven promotions like high staking rewards (36% APR). Historically, MNT’s price dropped 12% after its Coinbase Futures listing in August 2025, a common pattern after exchange listings.

3. Technical & On-Chain Signals (Short-Term Caution)

What’s happening: The Relative Strength Index (RSI) for MNT is at 64.71, which is neutral but leaning toward overbought. The MACD indicator shows weakening momentum. Large holders (whales) controlling 85% of MNT’s circulating supply (CCN) could increase price swings.

Why it matters: The $2.55 price level is a strong resistance point. If MNT falls below $1.78, it could trigger a 20-30% price correction. On the bright side, Mantle’s upcoming zero-knowledge (ZK) rollup upgrade promises faster transaction finality (1 hour vs. competitors’ 7 days), which may attract institutional investors (Succinct).

Conclusion

Mantle’s focus on real-world assets and partnerships with major exchanges like Bybit provide strong long-term support. However, short-term technical indicators suggest the price might consolidate after a 235% gain over the past 90 days. Key levels to watch are $1.78 for support and the adoption of the USD1 stablecoin. A drop below $1.65 could mean profit-taking, while continued growth in total value locked (TVL) above $2 billion might push the price toward $2.24.

Will Mantle’s ZK-powered efficiency overcome the usual slowdown seen in altcoin seasons?

What are people saying about MNT?

Mantle’s community is excited about its new all-time high (ATH) and the recent integration with Bybit exchange. Here’s what’s making headlines:

1. New ATH – Mantle’s token, MNT, jumped 60% in the last 30 days, driven by fewer tokens available on exchanges and increased demand.
2. Bybit partnership – MNT is becoming more useful as it gets integrated into more Bybit trading products.
3. Cross-chain upgrades – Thanks to LayerZero technology, MNT is improving its ability to work across different blockchains, making it a leader in interoperability.

Deep Dive

1. @coin68: New ATH and Bybit Boost 🚀

"MNT reached a new high of $1.54 with a $5 billion market cap. Large withdrawals from exchanges and 18 new trading pairs on Bybit are increasing liquidity."
– @coin68 (1.2M followers · 42K impressions · 2025-09-11 08:17 UTC)
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What this means: This is a positive sign for MNT. With fewer tokens available on exchanges and more trading options, buying interest is growing.

2. @_thespacebyte: Exchange and DeFi Working Together 🔄

"Mantle’s integration with Bybit creates a cycle: demand on the exchange leads to on-chain rewards, which grow the treasury and increase MNT’s value."
– @_thespacebyte (89K followers · 12K impressions · 2025-09-07 08:42 UTC)
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What this means: This setup gives Mantle an edge over competitors like Arbitrum because MNT is used as collateral in Bybit’s spot and derivatives markets.

3. @cuongtran2024: Cross-Chain Goals 🌐

"MNT now connects Ethereum and HyperEVM blockchains through LayerZero OFT, reducing transaction fees and reliance on wrapped tokens."
– @cuongtran2024 (23K followers · 8K impressions · 2025-08-30 17:15 UTC)
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What this means: This is a promising long-term development. Cross-chain features could attract more developers, but success depends on how widely HyperEVM is adopted.

Conclusion

The overall outlook for Mantle is positive, supported by strong exchange partnerships and technical improvements. Although some indicators suggest the price might be a bit stretched (RSI at 75.6), the ongoing Bybit integration and a 210% year-over-year increase in stablecoin volume ($713.8 million) point to continued demand. Keep an eye on whether MNT can stay above $1.80 — breaking this level could signal a move toward $2 or higher.

Follow Bybit’s MNT product launches and on-chain withdrawal activity for confirmation.

What is the latest news about MNT?

Mantle is gaining momentum thanks to its focus on real-world assets (RWA) and new exchange partnerships. Here are the key updates:

1. Tokenization Platform Launch (October 2, 2025) – Mantle introduced a platform for tokenizing real-world assets, including a $2 billion stablecoin integration.
2. Bybit Partnership Expansion (September 30, 2025) – Bybit added over 20 new trading pairs for MNT and launched a rewards program to increase its use.
3. Whale Accumulation Trend (September 30, 2025) – Large holders are buying up MNT tokens ahead of important upcoming projects.

Deep Dive

1. Tokenization Platform Launch (October 2, 2025)

Overview:
Mantle unveiled its new Tokenization-as-a-Service platform at Token2049 in Singapore. This platform focuses on real-world assets, offering tools to ensure legal compliance and integration with decentralized finance (DeFi) services. At the same time, World Liberty Financial, connected to the Trump family, launched its $2 billion USD1 stablecoin on Mantle’s network. This is one of the biggest moves in tokenizing real-world assets this year.

What this means:
Mantle is positioning itself as a trusted platform for institutions looking to tokenize real-world assets, which experts predict could become a trillion-dollar market by 2030. The addition of the USD1 stablecoin brings immediate liquidity and credibility to the platform. However, the long-term success depends on clear regulations around stablecoins. (CoinDesk)

2. Bybit Partnership Expansion (September 30, 2025)

Overview:
Bybit, one of the world’s largest cryptocurrency exchanges, expanded its support for MNT by adding 21 new trading pairs. They also launched a “HODL & Earn” campaign with a prize pool of 60,000 XUSD. MNT holders now have access to better staking rewards and can use MNT as collateral for loans.

What this means:
This deeper partnership with Bybit, which handles over $30 billion in daily trading volume, improves MNT’s liquidity and usefulness. However, relying heavily on one exchange could be risky if market conditions change. (BD_GemX)

3. Whale Accumulation Trend (September 30, 2025)

Overview:
Large holders, or “whales,” who own between 100 million and 1 billion MNT tokens, now control 2.78 billion tokens—an increase of 12% since August. This follows a 235% price increase over the past 90 days and comes ahead of Mantle’s upcoming UR neobank beta launch in the fourth quarter.

What this means:
The growing confidence of large investors suggests they expect the ecosystem to expand further. However, since the top 10 wallets hold 41% of all MNT tokens, there is a risk of price swings if these holders decide to sell.

Conclusion

Mantle’s focus on real-world assets and strong exchange partnerships are driving its growth. But its long-term success depends on wider adoption of tokenized assets and clear regulations for stablecoins. With MNT up 70% in the past month, the question remains: can it keep up the momentum as Bitcoin’s market dominance approaches 58%? Keep an eye on the adoption of Mantle’s UR app and any new stablecoin regulations.

What is expected in the development of MNT?

Mantle’s roadmap aims to connect traditional finance (TradFi) and decentralized finance (DeFi) by offering products designed for institutions.

1. UR Neobank Global Launch (Q4 2025–Q1 2026) – Expanding crypto and fiat banking services worldwide.
2. Tokenization Platform Launch (October 2025) – Providing tools to create compliant real-world asset (RWA) tokens.
3. MI4 Fund Integration (2026) – Combining a tokenized crypto index fund with UR banking services.
4. Cross-Chain FBTC Expansion (Ongoing) – Bringing yield-generating Bitcoin tokens to Solana and SUI blockchains.
5. AI-Powered Liquidity Tools (2025–2026) – Using AI to improve DeFi investment strategies through MantleX.

Deep Dive

1. UR Neobank Global Launch (Q4 2025–Q1 2026)

Overview: Mantle’s UR is a crypto-first digital bank that started beta testing in mid-2025. It plans to expand globally, offering physical and virtual debit cards and support for multiple currencies. The app lets users convert their regular paychecks into tokens, automatically invest in the MI4 fund, and borrow against crypto assets like mETH.

What this means: This could boost demand for Mantle’s native token, $MNT, as more users adopt the platform and use it for transaction fees and utilities. However, regulatory challenges in regions like the European Union and Asia could slow growth.

2. Tokenization Platform Launch (October 2025)

Overview: Launched on October 2, 2025, this platform provides compliance features such as identity verification (KYC) and licensing support. Mantle partnered with World Liberty Financial to onboard its $2 billion USD1 stablecoin (Yahoo Finance).

What this means: This development could attract institutional investors interested in tokenized real-world assets. Success depends on how widely the platform is adopted beyond initial partners.

3. MI4 Fund Integration (2026)

Overview: The MI4 fund is a $400 million diversified crypto index fund, similar to an ETF. By 2026, it will be fully integrated with the UR neobank, allowing users to automatically invest their savings into the fund.

What this means: This integration could increase the total value locked (TVL) in Mantle’s ecosystem by encouraging passive investment strategies. However, since MI4 is exposed to crypto market fluctuations, its performance will vary with overall market trends.

4. Cross-Chain FBTC Expansion (Ongoing)

Overview: Mantle’s FBTC is a Bitcoin token that earns yield and is being launched on multiple blockchains, including Solana and SUI, after starting on Ethereum-compatible chains like Berachain. The total value locked recently surpassed $1.2 billion.

What this means: Expanding FBTC across different blockchains improves Mantle’s role in cross-chain liquidity, making it easier to move Bitcoin-based assets across networks. Competition from other Bitcoin protocols could pose challenges.

5. AI-Powered Liquidity Tools (2025–2026)

Overview: MantleX AI is designed to enhance yield strategies and liquidity management using artificial intelligence. The project focuses on partnerships and supporting developers through grants.

What this means: While promising, these AI tools are still unproven at scale. Similar projects have yet to show significant impact, so this remains a neutral factor for now.

Conclusion

Mantle is focusing on attracting institutional users through compliant tokenization of real-world assets and making crypto banking accessible with UR. Supported by a treasury of over $4 billion, the project offers strong incentives for ecosystem growth. With $MNT up 251% in the past 90 days, the key question is whether Mantle’s practical uses can sustain this momentum beyond speculation. Keep an eye on UR’s user growth and MI4 fund inflows as important indicators of success.

What updates are there in the MNT code base?

Mantle’s software recently got major upgrades to improve its speed, security, and ability to work across different blockchains.

1. Mainnet Skadi Upgrade (August 27, 2025) – Improved zero-knowledge proof (ZKP) generation and made sure it works smoothly with Ethereum’s Prague upgrade.
2. OP Stack + ZK Validity Rollup (September 17, 2025) – Switched to a hybrid rollup system that speeds up transaction finality.
3. LayerZero OFT Integration (August 30, 2025) – Allowed seamless Mantle (MNT) token transfers across multiple blockchains using HyperEVM.

Deep Dive

1. Mainnet Skadi Upgrade (August 27, 2025)

Overview: This update focused on making Mantle compatible with Ethereum’s Prague upgrade and introduced a new API called optimism_safeHeadAtL1Block to speed up zero-knowledge proof generation.

Technical improvements included updating core software components and improving how nodes sync with the network. These changes help Mantle stay in sync with Ethereum’s latest updates, which is important for smooth cross-chain operations.

What this means: This is a positive development for Mantle because it prepares the network for future Ethereum upgrades and makes proof generation more efficient. This could attract more professional validators and institutional users.
(Source)

2. OP Stack + ZK Validity Rollup (September 17, 2025)

Overview: Mantle became the first Layer 2 solution to combine the OP Stack with zero-knowledge proofs on its main network, reducing withdrawal times from 7 days to just 1 hour.

This uses Succinct’s SP1 zkVM technology, which keeps transaction costs low (about $0.002 per transaction) while fully supporting Ethereum’s smart contracts. The hybrid model blends the familiar developer tools of Optimistic Rollups with the security and speed of zero-knowledge proofs.

What this means: This is great news for Mantle because it solves the problem of locked-up funds common in traditional Optimistic Rollups, making decentralized finance (DeFi) and institutional applications more practical.
(Source)

3. LayerZero OFT Integration (August 30, 2025)

Overview: Mantle integrated LayerZero’s Omnichain Fungible Token (OFT) standard, enabling native MNT token transfers across different blockchains, starting with HyperEVM.

This update removes the need for wrapped tokens by allowing direct transfers of MNT between Ethereum and other EVM-compatible chains. It also cut gas fees for cross-chain transfers by about 40% compared to traditional bridges.

What this means: This is somewhat positive for Mantle because it improves the user experience for people using multiple blockchains. However, its success depends on how widely Hyperliquid is adopted. Reduced fragmentation could increase MNT’s usefulness as a cross-chain asset for collateral.
(Source)

Conclusion

Mantle’s recent updates show a clear goal: to become the most institution-friendly Layer 2 solution on Ethereum. By combining zero-knowledge security with the flexibility of the OP Stack and expanding cross-chain capabilities, Mantle is positioning MNT as a key liquidity hub for real-world assets (RWAs) and DeFi.

How might Mantle’s proof-cost efficiency impact its competitiveness against ZK-native chains like zkSync?