Why did the price of MNT go up?
Mantle (MNT) jumped 11.05% in the last 24 hours, outperforming the overall crypto market, which rose by 2.29%. Here’s why:
- Launch of USD1 Stablecoin: World Liberty Financial picked Mantle to launch a $2 billion stablecoin linked to former President Donald Trump, increasing the network’s use.
- Bybit Partnership: MNT’s role grew within Bybit’s $30 billion-plus trading platform, driving more demand.
- Price Breakout: MNT’s price broke through the $2.13 resistance level, sparking positive momentum.
Deep Dive
1. USD1 Stablecoin Launch (Positive Impact)
What happened? On October 6, World Liberty Financial announced it will launch its USD1 stablecoin on Mantle. This stablecoin is backed by Donald Trump’s team and adds over $2 billion in liquidity. It positions Mantle as a key platform for tokenizing real-world assets in a way that follows regulations.
Why it matters:
- Mantle’s share of the stablecoin market grows by about 1%, attracting more institutional investors (Coinspeaker).
- The political connection and focus on compliance boost Mantle’s credibility.
2. Bybit Integration (Positive Impact)
What happened? Bybit expanded how MNT is used on its platform, adding new trading pairs, staking options with annual returns between 36% and 90%, and allowing MNT as collateral. Bybit accounts for 37% of MNT’s $550 million daily trading volume.
Why it matters:
- MNT gains exposure to Bybit’s 20 million-plus users and $30 billion in daily trades (CoinJournal).
- Staking locks reduce the number of MNT coins available for trading, which can push prices up.
3. Technical Momentum (Mixed Impact)
What happened? MNT’s price surpassed its previous all-time high of $2.13. Technical indicators like RSI (Relative Strength Index) are at 72, signaling the coin might be overbought, while MACD (Moving Average Convergence Divergence) shows bullish momentum. The next resistance level is around $2.39.
Why it matters:
- There could be short-term buying driven by fear of missing out (FOMO), but the overbought RSI suggests a possible price pullback.
- If MNT stays above $2.20, it might continue rising toward $2.50 (Yahoo Finance).
Conclusion
Mantle’s recent price increase is driven by strategic partnerships, growing demand from exchanges, and positive technical signals. While the outlook is mostly positive, traders should watch the $2.30 resistance level and be ready for possible profit-taking.
Key question: Will MNT hold above $2.20 to keep its upward trend, or will the overbought conditions cause a price correction?
What could affect the price of MNT?
Mantle's price is currently caught between growing interest from real-world assets (RWA) and signs that it might be overbought.
- RWA Growth – A new platform focused on compliance could bring more institutional investors.
- Bybit Partnership – Integration with a major exchange handling over $30 billion daily could increase buying pressure.
- Technical Signals – Some indicators show strong buying momentum, while others warn the price might be stretched too far.
Deep Dive
1. Real-World Asset Adoption (Positive for Price)
What’s happening: Mantle recently launched a Tokenization-as-a-Service platform at Token2049, aiming to be a trusted hub for institutions dealing with real-world assets. A notable example is World Liberty Financial, linked to former President Trump, issuing a $2 billion stablecoin on Mantle’s platform (Coindesk).
Why it matters: The market for tokenized real-world assets is expected to grow to $19 trillion by 2033 (Coinspeaker). If traditional financial players start using Mantle’s platform, it could increase demand for MNT tokens, which are needed for transaction fees and governance decisions.
2. Bybit Exchange Integration (Positive for Price)
What’s happening: Bybit, a major cryptocurrency exchange, plans to increase the number of MNT trading pairs from 4 to over 20 and introduce options trading for MNT (X).
Why it matters: Similar exchange tokens have seen big price jumps during such expansions—for example, Binance Coin (BNB) rose over 350%. Bybit also plans to offer MNT staking with high annual yields (36-90%), which could lock up about 15% of MNT’s circulating supply, reducing the number of tokens available for trading and potentially pushing the price up (CoinJournal).
3. Technical Overextension Risks (Mixed Signals)
What’s happening: MNT’s Relative Strength Index (RSI) is at 72 over the past week, indicating it might be overbought. The price is also 38% above its 30-day average, but some momentum indicators like the MACD histogram suggest the buying strength is weakening (Technical Analysis).
Why it matters: While the recent 60-day rally of 113% shows strong interest, price targets based on Fibonacci levels suggest possible volatility ahead. If the price falls below $2.10, it could drop 15-20% to around $1.74, which is a key support level.
Conclusion
Mantle is well-positioned to benefit from the growing market for tokenized real-world assets and its expanding presence on Bybit’s exchange. However, investors should watch the $2.30 resistance level and the timing of Bybit’s new features. The key question is whether Mantle’s focus on compliance will attract enough institutional interest to balance out the price swings caused by retail traders.
What are people saying about MNT?
The community around Mantle (MNT) is buzzing with excitement but also staying cautious. Here’s what’s trending right now:
- Bybit integration hype – MNT is gaining more uses as it becomes a key token on the Bybit platform.
- Omnichain ambitions – Cross-chain liquidity is growing, making it easier to move assets between blockchains.
- ATH celebration – On-chain data shows a supply squeeze, pushing prices to all-time highs.
- Technical jitters – Some technical indicators suggest a possible price pullback.
Deep Dive
1. Bybit’s $30 Billion Volume Boost is Positive
@0xBwayne says:
“$30B+ daily volume integrated into Mantle’s ecosystem through Bybit… reminds me of BNB’s rise!”
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What this means: This is good news for MNT. Bybit’s integration could increase demand for the token by using it as collateral, offering fee discounts, and VIP perks—similar to how Binance Coin (BNB) grew.
2. Cross-Chain Moves with LayerZero Look Promising
@cuongtran2024 notes:
“MNT is now an Omnichain Fungible Token… gas fees dropped 90% for transfers between Ethereum and HyperEVM.”
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What this means: This development makes it easier and cheaper to move MNT across different blockchains, which could attract developers building decentralized finance (DeFi) apps that work on multiple chains. However, competitors like Polkadot and Cosmos are still strong players.
3. All-Time High and Supply Squeeze Signal Bullish Momentum
@coin68 reports:
“MNT hit an all-time high of $1.54… a 60% monthly surge as whales moved 18 million MNT off exchanges.”
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What this means: When large holders (whales) pull tokens off exchanges, it reduces the available supply, often pushing prices higher. This is a positive sign for MNT’s price in the near term, though watch for resistance around $1.60 to $1.75 where some profit-taking might happen.
4. Technical Warning Signs Suggest Possible Pullback
@johnmorganFL warns:
“RSI divergence at $0.85 resistance level – price could drop 20% if support breaks.”
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What this means: The Relative Strength Index (RSI), a momentum indicator, is showing signs of weakening even as prices hit highs. This could mean traders might start selling to take profits. Key support to watch is at $0.72.
Conclusion
Overall, the outlook for Mantle (MNT) is optimistic but cautious. Strong partnerships like the Bybit integration and advances in cross-chain technology support growth, but technical signals suggest some risks. Keep an eye on the upcoming MNT/Bybit 2.0 roadmap—which will add over 20 spot trading pairs and options trading—and whether the Strategic ETH Reserve (101,867 ETH) will be used to boost the ecosystem.
What is the latest news about MNT?
Mantle (MNT) is gaining momentum thanks to new real-world asset (RWA) services and exchange partnerships, pushing its value to new highs. However, technical indicators suggest some price swings ahead. Here’s a quick update:
- RWA Platform Launch (October 2, 2025) – Mantle introduced a compliance-focused tokenization service at Token2049.
- USD1 Stablecoin Integration (October 2, 2025) – A $2 billion stablecoin backed by World Liberty Financial (WLFI), linked to the Trump family, is launching on Mantle.
- Bybit Ecosystem Expansion (October 6, 2025) – Mantle’s token (MNT) is now part of Bybit’s trading platform, which handles over $30 billion in daily volume.
In-Depth Look
1. RWA Platform Launch (October 2, 2025)
What Happened:
Mantle rolled out a Tokenization-as-a-Service platform at Token2049. This platform helps companies turn real-world assets—like bonds, stocks, and commodities—into digital tokens, while ensuring they meet legal and regulatory requirements (like KYC). This move taps into a growing market currently worth $33 billion and expected to reach $19 trillion by 2033 (CoinDesk).
Why It Matters:
This development positions Mantle as a key player connecting traditional finance with blockchain technology. By offering compliance tools, Mantle could speed up the adoption of tokenized real-world assets, attracting institutional investors.
2. USD1 Stablecoin Integration (October 2, 2025)
What Happened:
World Liberty Financial (WLFI), which has ties to the Trump family, announced it will launch its $2 billion USD1 stablecoin on Mantle. They chose Mantle because of its strong compliance features and compatibility with Ethereum (CoinDesk).
Why It Matters:
This partnership adds credibility to Mantle but is cautiously optimistic. While $2 billion is a significant amount, it’s small compared to established stablecoins like USDT, which has a market cap of $135 billion.
3. Bybit Ecosystem Expansion (October 6, 2025)
What Happened:
Bybit, a major crypto exchange with over $30 billion in daily trading volume, integrated MNT into its platform. This includes staking options with annual returns between 36% and 90%, fee discounts, and over 20 new trading pairs. Some analysts compare MNT’s growth potential to Binance Coin (BNB) in its early days (Coinspeaker).
Why It Matters:
This is a positive short-term development that increases liquidity and user engagement. However, after a 308% gain in 90 days, MNT may face price corrections, especially if Bitcoin’s market dominance rises from its current 58%.
Conclusion
Mantle’s combination of real-world asset infrastructure, stablecoin partnerships, and exchange integration has driven it to record highs. Technical signals show the token is near resistance at $2.30, with bullish momentum if Bitcoin remains stable. The key question is whether Mantle’s focus on institutional adoption will outperform broader market trends.
What is expected in the development of MNT?
Mantle’s plan focuses on connecting traditional finance (TradFi) with decentralized finance (DeFi) by offering banking solutions and growing its ecosystem.
- Mantle Banking Launch (Q3 2025) – A combined fiat and crypto account with the ability to receive salaries as tokens.
- MI4 Fund Integration (2026) – A tokenized crypto index fund supported by a $400 million treasury.
- Bybit Spot Pair Expansion (Q4 2025) – Increasing $MNT trading pairs from 4 to over 20.
- Global UR Neobank Rollout (Q1 2026) – Launching physical and virtual cards with international payment services.
Deep Dive
1. Mantle Banking Launch (Q3 2025)
Overview: Mantle Banking, announced in mid-2025, aims to combine traditional banking and DeFi in one app. Users will be able to convert their salaries into stablecoins, borrow against crypto assets like mETH and FBTC, and earn rewards through Mantle’s platform. This service is built on Mantle Network’s advanced technology, designed to make using crypto alongside regular money easier for everyone.
What this means:
- Positive: This integration could increase the use of $MNT as a key token for transactions and fees.
- Potential challenge: Regulatory rules around combining fiat and crypto services might slow down adoption.
2. MI4 Fund Integration (2026)
Overview: The Mantle Index Four (MI4) is a tokenized fund that tracks major cryptocurrencies like Bitcoin (50%), Ethereum (26.5%), Solana (8.5%), and stablecoins. Supported by a $400 million treasury, MI4 will be part of Mantle Banking by 2026, offering automated strategies like staking and easy trading on the Mantle Network.
What this means:
- Positive: Institutional interest in crypto could increase total value locked (TVL), benefiting $MNT holders through fee sharing.
- Neutral: Fund performance will depend on overall crypto market conditions.
3. Bybit Spot Pair Expansion (Q4 2025)
Overview: According to a joint roadmap, Bybit will increase $MNT trading pairs from 4 to more than 20 by late 2025, adding options trading as well. This builds on $MNT’s existing presence in Bybit’s Earn Program and over-the-counter (OTC) services.
What this means:
- Positive: More trading options and liquidity could reduce price swings and attract algorithmic traders.
- Potential challenge: Relying heavily on one exchange could expose $MNT to risks tied to that platform.
4. Global UR Neobank Rollout (Q1 2026)
Overview: UR, Mantle’s crypto-first neobank, plans to launch physical and virtual payment cards and offer cross-border services worldwide in early 2026, following a beta release in late 2025. Features include automatic conversion of earnings into cashback and support for multiple currencies.
What this means:
- Positive: Real-world payment options could make $MNT a key token for banking services, similar to how BNB functions in its ecosystem.
- Neutral: Success depends on partnerships with traditional banks and financial institutions.
Conclusion
Mantle’s roadmap focuses on building professional-grade DeFi tools like MI4 and user-friendly banking products like UR, backed by a $4 billion treasury and a partnership with Bybit. While technical upgrades such as zero-knowledge rollup adoption (completed in September 2025) have strengthened its platform, upcoming integrations with traditional finance will test its ability to scale. The big question remains: how will changing regulations affect Mantle’s hybrid banking model as it grows globally?
What updates are there in the MNT code base?
Mantle’s software recently added zero-knowledge (ZK) proofs, boosted performance, and improved compatibility with Ethereum.
- ZK Validity Rollup Mainnet (September 17, 2025) – Switched to a ZK-powered rollup, cutting withdrawal times by 99%.
- Skadi Hard Fork (August 27, 2025) – Updated to match Ethereum’s Prague upgrade for better cross-chain support.
- Performance Overhaul (August 25, 2025) – Improved data syncing and fixed important security issues.
Deep Dive
1. ZK Validity Rollup Mainnet (September 17, 2025)
Overview: Mantle moved from an optimistic rollup to a ZK Validity Rollup using Succinct’s zkVM technology. This change reduced the time it takes to finalize withdrawals from 7 days down to just 1 hour.
Zero-knowledge proofs allow the network to confirm transactions without revealing sensitive details, making it more secure while staying fully compatible with Ethereum’s system. The cost to prove each transaction is now just $0.002, and the network holds over $2 billion in total value locked (TVL) after the upgrade.
What this means: This is positive news for Mantle (MNT) because faster and cheaper withdrawals improve the experience for users and attract institutional investors. It also lowers the risk of fraud by reducing dependence on fraud proofs. (Source)
2. Skadi Hard Fork (August 27, 2025)
Overview: The Skadi upgrade brought Mantle in line with Ethereum’s Prague hard fork, adding new tools and features for developers.
It introduced the optimism_safeHeadAtL1Block API, which speeds up zero-knowledge proof generation—important for making different blockchains work together smoothly. The update also improved node software for better performance.
What this means: This update doesn’t have an immediate impact on MNT’s price but strengthens its long-term prospects by ensuring it stays compatible with Ethereum’s future upgrades. Developers get better tools to build advanced decentralized apps (dApps). (Source)
3. Performance Overhaul (August 25, 2025)
Overview: Version 0.4.3 separated data processing between Layer 1 and Layer 2, fixed bugs related to data availability syncing, and patched over 20 security vulnerabilities found during audits.
Important fixes included addressing risks like nonce overflow, improving key management, and reducing false gas fee alerts. The software development kit (SDK) now supports dynamic fee adjustments based on network traffic.
What this means: This is good news for MNT because smoother data handling reduces delays, and stronger security lowers the chance of hacks. Users also benefit from more predictable transaction fees. (Source)
Conclusion
Mantle is making progress in three key areas: scaling with zero-knowledge proofs, staying aligned with Ethereum’s updates, and improving reliability for enterprise use. With withdrawal finality under an hour and compatibility with Ethereum’s Prague upgrade, Mantle’s technology could help MNT compete strongly against other Layer 2 solutions like Arbitrum.