What could affect the price of MNT?

Mantle’s price is currently influenced by a balance between growing demand from exchange use and risks related to token supply.

1. Bybit Integration (Positive) – More ways to use Mantle through fee discounts, new trading pairs, and staking options.
2. Token Supply Changes (Mixed) – A large portion of tokens are staked, reducing available supply, but the Mantle Treasury still holds nearly half of all tokens.
3. Real-World Asset (RWA) Growth (Positive) – Partnerships focused on regulated assets could attract institutional investors.

In-Depth Analysis

1. Bybit Exchange Partnership (Positive Impact)

What’s happening:
Mantle has partnered closely with Bybit, one of the world’s largest cryptocurrency exchanges. Now, Mantle’s token (MNT) can be used as collateral for derivatives trading, users get up to 25% off trading fees, and they can participate in special events like Launchpool and Megadrop. Bybit plans to increase the number of Mantle trading pairs from 4 to over 20 and add options trading (Bybit Announcement).

Why it matters:
Bybit handles over $30 billion in trades daily. This partnership means more people will need MNT to take advantage of these features, increasing demand and reducing the number of tokens being sold. Similar exchange-linked tokens, like Binance Coin (BNB), have seen strong price growth when integrated deeply into exchange services.

2. Token Supply and Treasury Control (Mixed Impact)

What’s happening:
About 69% of MNT tokens in circulation are staked, which means they are locked up and not available for trading. This reduces the supply on the market. However, the Mantle Treasury controls nearly 48% of all tokens (around 3 billion MNT), which could lead to centralization concerns. Recently, a proposal called MIP-23 burned 3 billion tokens to reduce supply, but future decisions by the community could increase supply unpredictably (Mantle Forum).

Why it matters:
While staking and token burns help limit supply and support price, the large amount of tokens held by the Treasury means that if these tokens are sold or used for funding, it could cause price drops. It’s important to watch how the Mantle DAO manages these tokens, especially after 2025 when staking rewards decrease.

3. Real-World Asset (RWA) Adoption and Compliance (Positive Impact)

What’s happening:
Mantle is working with World Liberty Financial to launch USD1, a regulated stablecoin, and has created a $400 million tokenized index fund (MI4). These moves position Mantle as a platform for real-world assets. Additionally, Mantle’s upgrade to a ZK-Rollup technology improves compliance, making it more attractive to institutional investors (Coinspeaker).

Why it matters:
The real-world asset market is worth over $33 billion and is growing rapidly at 47% per year. If Mantle captures even a small share of this market through compliant financial products, it could significantly increase the use and value of MNT tokens.

Conclusion

Mantle’s price will depend on how well it balances growing demand from exchange use with risks from the large token supply held by the Treasury. The adoption of real-world assets offers promising long-term growth. If Mantle’s price breaks above its all-time high of $2.87, it could reach $3.60. However, if it falls below $1.90, it might drop further to $1.60.

Key question: Can Mantle’s DAO carefully manage Treasury token releases without causing price instability as staking rewards decrease in 2026?

What are people saying about MNT?

The Mantle (MNT) community is excited about a potential altcoin season and new exchange partnerships. Here’s the key takeaway:

1. Is Mantle the next Bybit BNB? – Strong ties to Bybit are fueling optimistic comparisons.
2. All-time high in sight – After a 136% jump this month, traders are eyeing $2.87.
3. Staking concerns – 69% of MNT is staked, but the large treasury holding raises some risks.

In-Depth Look

1. @raremints_: Mantle as Bybit’s utility powerhouse (Positive)

"MNT is entering a major utility phase... similar to how $BNB grew early on."
– Oct 14, 2025 · 12:00 PM UTC · 8.4K views
See original post
What this means: Bybit’s fee discounts, VIP benefits, and daily trading volume over $30 billion could increase demand for MNT. But keep in mind, Mantle’s fully diluted valuation ($11.58 billion) already reflects high expectations.

2. @btcdemonx: 136% monthly rally faces supply risks (Mixed)

"With 69% of MNT staked, liquidity is tight... yet the Mantle Treasury controls 47.8% of supply."
– Oct 9, 2025 · 1:14 AM UTC · 12.3K views
See original post
What this means: High staking locks up tokens, which can push prices up. However, the large treasury controlled by the DAO adds centralization risks. Watch for upcoming governance decisions on token burns or unlocking supply.

3. @0xBwayne: Bybit integration could unlock $30B+ volume (Positive)

"Mantle is deeply integrated into Bybit’s ecosystem... a strategy for long-term growth."
– Aug 22, 2025 · 6:06 PM UTC · 5.1K views
See original post
What this means: Features like Launchpool, OTC trading, and derivatives could create a growth cycle similar to BNB’s success as an exchange token. Still, MNT’s price has been more volatile, dropping 22% in a week compared to BNB’s 11%.

Summary

The overall sentiment around Mantle is optimistic but cautious. Partnerships with Bybit and staking incentives are driving interest, but the large treasury and rapid price gains (101% over 90 days) suggest some investors may take profits soon. The $2.87 price level is a key resistance point—breaking above it could push MNT toward $3, but technical indicators like RSI at 74 warn the coin might be overbought.

Will Mantle’s “Liquidity Chain” story hold up if Bitcoin’s dominance continues to rise?

What is the latest news about MNT?

Mantle is making strides with new institutional partnerships and technical improvements, even as the altcoin market faces ups and downs. Here’s a quick summary of the latest developments:

1. Tokenization Platform Launch (October 2, 2025) – Mantle teams up with a Trump-linked company to promote real-world asset adoption.
2. Bybit Adds Restaking Technology (October 17, 2025) – Strengthens its partnership with the exchange amid a volatile market.
3. MNT Among Top Market Losers (October 16, 2025) – The price dropped 10% during a crypto-wide selloff that triggered $630 million in liquidations.

In-Depth Look

1. Tokenization Platform Launch (October 2, 2025)

What happened:
Mantle introduced a new Tokenization-as-a-Service (TaaS) platform focused on real-world assets (RWA). They partnered with World Liberty Financial, a firm linked to the Trump family, to launch a $2.6 billion USD1 stablecoin on Mantle’s blockchain. This platform includes compliance features like identity verification (KYC), audits, and legal support to help institutions safely enter the blockchain space.

Why it matters:
This move positions Mantle as a key player in regulated asset tokenization—a market expected to grow to $19 trillion by 2033. While this is promising for Mantle’s long-term use, the MNT token price only saw a modest 4.5% increase, reflecting overall market uncertainty. (Coinspeaker)

2. Bybit Adds Restaking Technology (October 17, 2025)

What happened:
Bybit, the third-largest crypto exchange by trading volume, integrated Mantle’s restaking technology into its derivatives platform. This builds on previous collaborations like MNT-based Launchpools and over-the-counter (OTC) trading. With Bybit’s daily trading volume exceeding $30 billion, this could create steady demand for MNT as a collateral and utility token.

Why it matters:
This partnership could help MNT follow a growth path similar to Binance’s BNB token, becoming a core part of Bybit’s ecosystem. However, despite the positive news, MNT’s price dropped 19% over the week to $1.61 as of October 17, showing that broader market caution is still affecting altcoins. (Bitcoin.com)

3. MNT Among Top Market Losers (October 16, 2025)

What happened:
On October 16, MNT’s price fell 10% as Bitcoin dropped below $111,000, triggering $630 million in forced sell-offs (liquidations). MNT’s decline was sharper than Ethereum’s (-4.4%) but less than Binance Coin’s (-11%). Over the past 30 days, MNT has lost 4.5%, despite gaining 101% over the last 90 days.

Why it matters:
This price volatility shows how sensitive MNT is to Bitcoin’s performance, especially during what traders call “Bitcoin Season” (when Bitcoin dominates the market, with the Altcoin Season Index at 25/100). Investors are waiting for a market rebound to see if Mantle’s strong fundamentals can help it break free from overall market trends. (Cryptopotato)

Conclusion

Mantle is focusing heavily on building infrastructure for institutional real-world assets and strengthening exchange partnerships. However, challenges like overall market weakness and Bitcoin’s dominance are testing its short-term growth. The big question is: Can MNT’s real-world applications overcome the current altcoin liquidity squeeze? Keep an eye on stablecoin inflows and Bybit’s planned MNT product launches in Q4.

What is expected in the development of MNT?

Mantle is making steady progress with these key developments:

1. Mantle Banking Launch (Q4 2025) – A user-friendly app that connects traditional finance and crypto seamlessly.
2. Mantle Index Four (MI4) Fund Rollout (Q4 2025) – A $400 million crypto index fund made easy to access through tokens.
3. ZK Rollup Mainnet Upgrade (2026) – Faster and more secure transactions with withdrawals in just one hour.
4. Bybit Ecosystem Expansion (Ongoing) – More trading pairs, options, and perks on a major exchange.

In-Depth Look

1. Mantle Banking Launch (Q4 2025)

What it is:
Mantle Banking will combine traditional finance (like your paycheck and credit lines) with decentralized finance (crypto-based financial tools) in one simple app. Built on Mantle Network’s flexible platform, it uses advanced technology (EigenDA and Succinct’s zk proofs) to make transactions almost instant. Features include tokenized salaries, virtual cards, and automatic investments into the MI4 fund (Mantle Blog).

Why it matters:
This could make crypto finance easier for everyday users, increasing the use of Mantle’s network and demand for $MNT tokens, which are used for governance and staking. However, integrating traditional money systems may face regulatory challenges.

2. Mantle Index Four (MI4) Fund Rollout (Q4 2025)

What it is:
The MI4 fund is a tokenized investment fund that holds a mix of cryptocurrencies: 50% Bitcoin (BTC), 26.5% Ethereum (ETH), 8.5% Solana (SOL), and 15% stablecoins, plus earnings from staking. It’s supported by a $400 million investment from Mantle’s treasury and will be available on Mantle Network and partners like Bybit (Mantle Blog).

Why it matters:
This fund could attract institutional investors, increasing the total value locked (TVL) and liquidity on Mantle. Still, similar crypto index funds exist, so competition might limit its impact.

3. ZK Rollup Mainnet Upgrade (2026)

What it is:
Mantle is upgrading its network with Succinct’s SP-1 zero-knowledge proofs, which have been tested on the testnet since mid-2025. This upgrade aims to cut withdrawal times from seven days down to just one hour. Once stable, Mantle could become the largest ZK rollup by TVL, surpassing $2 billion (GitHub).

Why it matters:
Faster transaction finality means a better experience for users and developers, likely attracting more activity and funds. However, delays or security issues during testing could slow progress.

4. Bybit Ecosystem Expansion (Ongoing)

What it is:
Bybit, a major crypto exchange, is expanding how $MNT can be used by adding over 20 spot trading pairs, options trading, and VIP benefits. They’ve also integrated Launchpool staking and over-the-counter (OTC) services, leveraging their massive daily trading volume of over $30 billion (@andr_crypto).

Why it matters:
This growth in exchange support could boost demand for $MNT, similar to how Binance’s $BNB token grew. But relying heavily on one exchange could create risks related to centralization.

Conclusion

Mantle’s roadmap combines technical upgrades like ZK rollups with practical products like Banking and MI4, plus strong exchange partnerships. Backed by a $4 billion treasury, these efforts aim to make Mantle a key player in institutional decentralized finance. The big question: Can Mantle’s hybrid approach to traditional and decentralized finance outpace other Layer 2 solutions that focus mainly on scaling?

What updates are there in the MNT code base?

Mantle’s software has received major updates that improve how it works across different blockchains, boost security, and make it more scalable and flexible.

1. LayerZero Core Integration (August 30, 2025) – Made MNT a cross-chain token, allowing easy transfers between blockchains without extra fees or delays.
2. ZK Rollup Mainnet Upgrade (September 17, 2025) – Switched to advanced cryptographic technology for faster withdrawals and stronger security.
3. v0.4.3 Release (August 25, 2025) – Improved data handling, fixed important security issues, and updated developer tools.

Deep Dive

1. LayerZero Core Integration (August 30, 2025)

Overview: Mantle connected with LayerZero Core technology, enabling MNT tokens to move directly between Ethereum-compatible blockchains (like Ethereum and HyperEVM) without needing to convert them into wrapped versions. This reduces transaction costs and delays.

The update involved changing token standards to support Omnichain Fungible Tokens (OFT), simplifying communication between blockchains, and launching new smart contracts. This makes Mantle a central platform for decentralized finance (DeFi) and governance across multiple blockchains.

What this means: This is positive news for MNT holders because it makes transferring assets easier and cheaper, attracts more liquidity, and fits the growing trend of seamless cross-chain networks.
(Source)

2. ZK Rollup Mainnet Upgrade (September 17, 2025)

Overview: Mantle upgraded to a zero-knowledge (ZK) rollup using OP Succinct technology, which drastically reduces withdrawal times from 7 days to just 1 hour and increases transaction capacity.

This upgrade uses cryptographic proofs to verify transactions securely and replaces older fraud detection methods with more efficient validity checks. It also added EigenDA, a system that ensures data is available in a decentralized way.

What this means: This is a neutral to positive development for MNT. It strengthens security and scalability, but its success depends on how quickly developers adopt the new system. Still, it positions Mantle as a leading ZK rollup with over $2 billion in total value locked (TVL).
(Source)

3. v0.4.3 Release (August 25, 2025)

Overview: This update improved the Data Availability (DA) layer, fixed critical security vulnerabilities, and enhanced the software development kit (SDK) for better support across blockchains.

Key improvements included fixing risks related to transaction ordering (nonce overflow), addressing audit findings from ConsenSys, and improving gas fee estimation. The update also boosted DA node performance by 20% through better parallel processing.

What this means: This is good news for MNT because it lowers the chance of network issues, meets important security standards, and provides better tools for developers to build on Mantle.
(Source)

Conclusion

Mantle’s technology is advancing quickly to focus on smooth cross-chain interactions (via LayerZero), strong security (with ZK proofs), and efficient, modular design. These improvements support Mantle’s goal to become a key platform for real-world assets (RWAs) and DeFi liquidity.

The big question remains: will Mantle’s technical advantages lead to lasting developer interest amid tough competition in the Layer 2 space?

Why did the price of MNT fall?

Mantle (MNT) dropped 3.51% in the last 24 hours, underperforming the overall crypto market, which fell by 0.62%. Here’s why:

1. Altcoin sell-off across the market – Bitcoin’s dominance increased to 58.95%, pulling money away from altcoins like MNT.
2. Technical pullback – After reaching a high of $2.87 earlier in October, MNT corrected as indicators showed it was overbought.
3. Leverage unwind on Bybit – Since 37% of MNT’s trading volume happens on Bybit, recent large liquidations ($630 million across the market) put downward pressure on prices.

Deep Dive

1. Altcoin Liquidity Drain (Negative Impact)

Overview:
The crypto Fear & Greed Index dropped to 28, signaling “Extreme Fear,” while Bitcoin’s market share rose to 58.95%, the highest since June 2025. This caused investors to move away from riskier assets, leading to selling pressure on altcoins like MNT as traders preferred Bitcoin’s relative safety.

What this means:

• MNT’s 24-hour trading volume fell by 6.87% to $401.5 million, showing less trading activity.
• The Altcoin Season Index, which tracks how altcoins perform compared to Bitcoin, dropped nearly 62% over the past month, indicating money is flowing out of smaller cryptocurrencies (Cryptopotato).

2. Profit-Taking After All-Time High (Mixed Impact)

Overview:
MNT surged over 102% in the last 90 days, reaching a peak price of $2.87 on October 14. The recent price drop is a typical pullback after such a strong rally.

What this means:

• The Relative Strength Index (RSI), a tool that measures if an asset is overbought or oversold, dropped from 72 (overbought) to 46.16, which may reduce selling pressure.
• Key support levels based on Fibonacci retracement suggest $1.56 is an important price floor. If MNT falls below this, it could drop further toward $1.20.

3. Impact from Derivatives Market (Negative Impact)

Overview:
Bybit, a major trading platform responsible for 37% of MNT’s volume, saw a 12.54% decrease in open interest on derivatives over the past week as traders closed leveraged positions.

What this means:

• MNT’s futures funding rate turned negative (-0.000449%), which discourages traders from holding long positions.
• Because MNT is closely linked with Ethereum (ETH), which dropped 4.4%, losses were amplified due to shared themes in decentralized finance (DeFi) and Layer 2 solutions (NewsBTC).

Conclusion

MNT’s recent price drop is due to a combination of broader market caution, technical correction after a strong rally, and traders reducing leverage on derivatives. Despite this, MNT’s core strengths—like its integration with Bybit and growing use of mETH—remain solid.

What to watch: Can MNT maintain support at $1.56 as Bitcoin’s dominance continues to rise? Keep an eye on the Fear & Greed Index for shifts in altcoin market sentiment.