Why did the price of MNT fall?
Mantle (MNT) dropped 2.01% in the last 24 hours, underperforming the overall crypto market, which rose by 1.23%. Here’s why:
- Profit-taking after recent gains – MNT went up 8% last week, leading some traders to sell and lock in profits.
- Market-wide caution – The crypto market is feeling nervous (Fear & Greed Index at 29), putting pressure on altcoins like MNT.
- Technical resistance – MNT couldn’t stay above the $1.33 level, causing more selling pressure.
Deep Dive
1. Profit-Taking After Rally (Negative Impact)
Overview:
MNT’s price rose 8% last week, helped by news that Anchorage Digital would provide institutional custody services (Crypto.news). But after this jump, traders started selling to take profits, and trading volume dropped 23% to $125 million in 24 hours.
What this means:
Short-term price jumps often lead to sell-offs when momentum slows down. While the Anchorage partnership is good news for the long term, it didn’t provide enough immediate excitement to keep buyers active. Historically, MNT tends to pull back after big price spikes, like the 25% rise following the Bybit partnership in late 2025.
What to watch:
Keep an eye on the $1.27 level (7-day simple moving average). If MNT falls below this, losses could continue.
2. Broader Market Weakness (Mixed Impact)
Overview:
The overall crypto market is still in a cautious mood, with the Fear & Greed Index at 29 (showing fear). Bitcoin’s dominance has increased to 59.3%, meaning investors are favoring Bitcoin over other coins. This shift puts pressure on altcoins like MNT.
What this means:
MNT’s 2% drop fits the trend of mid-sized altcoins underperforming. Additionally, open interest in crypto derivatives dropped 5%, indicating less speculative trading activity.
3. Technical Breakdown (Negative Impact)
Overview:
MNT couldn’t hold above the $1.33 pivot point and slipped below a key support level at $1.41 (based on Fibonacci retracement). Technical indicators like the MACD turned negative (-0.0094), and the RSI dropped to 42, showing weakening buying momentum.
What this means:
Traders see the $1.33 level as an important support. Falling below it signals more selling pressure. The next important support is around $1.27, where buyers might step back in.
Conclusion
MNT’s recent price drop is due to traders taking profits, cautious market sentiment, and technical selling pressure. While the Anchorage Digital custody deal is a positive sign for the future, short-term factors are currently weighing on the price.
Key level to watch: Can MNT hold above $1.27? If it falls below this, the next support to watch is $1.17, which is a previous low based on Fibonacci analysis.
What could affect the price of MNT?
Mantle's price outlook reflects a balance between growing interest from big financial players and challenges in the wider market.
- Institutional Custody Boost – Partnership with Anchorage Digital offers regulated access to $MNT, which is positive.
- Tokenomics Changes – Cutting the total token supply reduces dilution risk but large treasury holdings remain, creating mixed effects.
- Real-World Asset (RWA) Growth – Bybit’s tokenized stocks increase Mantle’s usefulness, which is a bullish sign.
Deep Dive
1. Institutional Custody Access (Positive)
Mantle teamed up with Anchorage Digital, the first U.S.-regulated crypto bank, to let institutions securely hold $MNT through the Porto wallet. This means regulated companies can now add $MNT to their treasury assets, aligning with Wall Street’s growing interest in real-world assets (RWA).
Why it matters: This partnership opens the door for big investors to buy and hold $MNT in a compliant way, which could increase demand. Similar custody deals in the past, like with UNI and COMP tokens, boosted liquidity by about 25% (Kanalcoin).
2. Token Supply Changes (Mixed)
Mantle implemented MIP-23, which permanently removed 3 billion $MNT tokens from circulation, cutting the total possible supply by one-third. However, nearly half of all tokens (about 3.05 billion) are still held in the project’s treasury.
Why it matters: Lower circulating supply helps keep prices stable by reducing inflation. But the large amount of tokens in the treasury could create selling pressure if released too quickly without a clear plan.
3. Real-World Assets & Exchange Partnerships (Positive)
Mantle’s collaboration with Bybit introduced xStocks, tokenized versions of real stocks like NVIDIA (NVDAx) and Apple (AAPLx). Bybit also plans to increase the number of $MNT trading pairs from 4 to over 20, which will improve liquidity.
Why it matters: These developments make $MNT more useful for trading and as collateral, potentially increasing demand. Bybit’s large daily trading volume ($30 billion) offers a big platform for growth.
Conclusion
Mantle’s growing connections with institutional investors and focus on real-world assets set it up for potential gains in the medium term. However, market uncertainty (Fear Index at 29) and the large treasury token holdings mean investors should stay cautious. Keep an eye on the timing of treasury token releases and any volume spikes from Anchorage’s custody services to see if institutional buying can balance out retail selling.
What are people saying about MNT?
The Mantle (MNT) community is showing a mix of strong optimism, similar to what we’ve seen with Binance Coin (BNB), and some nervousness about the price being too high. Here’s what’s currently making waves:
- Growing excitement about institutional custody through Anchorage Digital
- Expanding use of MNT on the Bybit exchange, following a path like BNB’s early days
- A key technical battle around the $1.40 price level
In-Depth Look
1. Institutional Adoption Speeds Up with Anchorage Digital
Mantle recently announced that major financial institutions can now hold MNT securely through Anchorage Digital’s custody services. This is important because it connects traditional finance (TradFi) with decentralized finance (DeFi), making it easier and safer for big investors to get involved.
Why it matters: When institutions can safely store a cryptocurrency, it lowers the risk for them. This could bring more regulated money into MNT, which is a positive sign for its future.
See the original announcement from Mantle
2. Bybit Integration Boosts MNT’s Utility and Demand
Bybit, a major crypto exchange, is expanding how MNT can be used on its platform. This includes benefits like fee discounts and VIP perks for users holding MNT. This mirrors how BNB grew in its early days by becoming useful within its exchange ecosystem. Bybit handles over $30 billion in daily trading volume, which could drive strong demand for MNT.
Why it matters: Increased use of MNT on a big exchange can reduce the number of coins available for trading (creating scarcity), which often supports price growth. However, the fully diluted valuation (FDV) of MNT is around $11.58 billion, which some investors see as quite high.
Check out the original post from @raremints_
3. Key Price Level at $1.40: What the Charts Say
Technical analysts are watching the $1.40 price point closely. If MNT breaks above this level, the next target could be around $2.20. But if it fails to hold, the price might drop back to about $1.10. There’s also been a big increase in large transactions by whales (big holders), up 10 times compared to last month.
Why it matters: On one hand, decentralized exchange (DEX) activity is up 56% month-over-month, which supports a price increase. On the other hand, the Relative Strength Index (RSI) is at 73, indicating the coin might be overbought and due for a pullback.
View the original technical analysis
Conclusion
Overall, the outlook for Mantle is cautiously optimistic. Institutional partnerships and growing use on exchanges are positive signs, but technical resistance at $1.40 and broader market uncertainties suggest some caution. Keep an eye on whether MNT can hold above $1.40—breaking through could confirm its potential to follow BNB’s success story, while falling back might lead to some profit-taking. Also, watch for updates on Anchorage Digital’s custody inflows this week to gauge institutional interest.
What is the latest news about MNT?
Mantle's recent moves with institutional custody and tokenized stocks have sparked mixed reactions in the market. Here’s a quick summary:
- Institutional Custody with Anchorage (Nov 10, 2025) – $MNT is now supported by a regulated crypto bank, aiming to attract Wall Street investors.
- Tokenized U.S. Stocks Launch (Nov 8, 2025) – In partnership with Bybit, Mantle introduced tokenized versions of popular stocks like NVDA and AAPL on its blockchain.
In-Depth Look
1. Institutional Custody with Anchorage (Nov 10, 2025)
What happened:
Mantle teamed up with Anchorage Digital, the first U.S.-regulated crypto bank, to offer institutional custody of $MNT through Anchorage’s Porto wallet. This means regulated financial institutions can now safely hold $MNT as part of their treasury assets on the Ethereum network. Anchorage’s federal charter adds a layer of trust and compliance.
Why it matters:
This is a positive step for $MNT because it makes it easier for big investors, like banks and funds, to get involved. Custody solutions like this often come before bigger moves such as exchange-traded funds (ETFs) or institutional participation in decentralized finance (DeFi). However, after the announcement, $MNT’s price dropped 1.4%, likely due to some investors taking profits after a recent 25% price jump. (Crypto.news)
2. Tokenized U.S. Stocks Launch (Nov 8, 2025)
What happened:
Mantle partnered with Bybit and Backed to launch xStocks—digital tokens that represent shares of U.S. companies like NVIDIA (NVDA) and Apple (AAPL). Each token is backed 1:1 by the actual stock, combining traditional finance with blockchain technology.
Why it matters:
This move broadens Mantle’s reach into real-world assets, making it more attractive to traditional investors. The announcement initially pushed $MNT up by 10%, though some gains were lost due to overall market ups and downs. As Bybit adds support for deposits and withdrawals of xStocks, liquidity could improve. (Cryptonewsland)
Conclusion
Mantle is actively working to attract institutional investors through Anchorage and bridge traditional finance with blockchain via tokenized stocks. These partnerships suggest potential long-term growth for $MNT, but it’s important to watch how trading volume and total value locked (TVL) develop after these launches.
Will Mantle’s focus on real-world assets help it outpace other Layer 2 solutions in attracting institutional money?
What is expected in the development of MNT?
Mantle’s roadmap is focused on connecting traditional finance (TradFi) with decentralized finance (DeFi), increasing liquidity across different blockchains, and boosting adoption by institutions.
- Mantle Banking & MI4 Fund (Q2 2025) – Combines fiat and crypto accounts in one app and launches a tokenized index fund.
- Bybit Integrations (2025) – Adds more trading pairs, options, and lets users use MNT as collateral.
- Global Hackathon (Oct 2025–Feb 2026) – $150K in prizes for developers working on DeFi, AI, and infrastructure projects.
- FBTC Cross-Chain Expansion (2025) – Brings wrapped Bitcoin (FBTC) to Solana, SUI, and other non-EVM blockchains.
Deep Dive
1. Mantle Banking & MI4 Fund (Q2 2025)
Overview:
Mantle Banking will let users manage both traditional money (fiat) and cryptocurrencies in one app. This includes features like virtual cards for spending, saving options, and borrowing tools. The MI4 Fund is a tokenized investment fund backed by $400 million from Mantle’s treasury. It gives investors exposure to Bitcoin (50%), Ethereum (26.5%), Solana (8.5%), and stablecoins (15%) while earning yields through DeFi strategies. Both products use Mantle Network’s advanced technology stack (EigenDA, OP Stack).
What this means:
This is positive for MNT because it increases the token’s usefulness and could bring more institutional investors. However, challenges include getting traditional finance users on board and navigating regulations around tokenized funds (Mantle Blog).
2. Bybit Integrations (2025)
Overview:
Bybit will expand its support for MNT with over 20 spot trading pairs, options trading, and allow MNT to be used as collateral for derivatives. They’re also offering $60,000 in rewards to encourage liquidity and staking.
What this means:
This is somewhat positive—more liquidity on a major exchange can help stabilize MNT’s price. But relying heavily on one exchange could be risky (ANDR Crypto).
3. Global Hackathon (Oct 2025–Feb 2026)
Overview:
Mantle is hosting a $150,000 developer competition focused on real-world assets (RWA), DeFi, artificial intelligence, and zero-knowledge (ZK) technology. Partners include HackQuest and OpenBuild, aiming to attract new projects to Mantle’s ecosystem.
What this means:
If successful, this could lead to new decentralized apps (dApps), increasing total value locked (TVL) and user growth. However, competition in the Layer 2 space is fierce, so execution is key (Mantle Announcement).
4. FBTC Cross-Chain Expansion (2025)
Overview:
Function’s FBTC, a wrapped version of Bitcoin, is expanding beyond Ethereum-compatible chains to blockchains like Solana and SUI. Bybit integration will allow users to swap FBTC and BTC at a 1:1 ratio.
What this means:
This expansion supports MNT’s role in improving liquidity across different blockchains. Success depends on adoption of Solana and SUI and ensuring security against bridge-related risks (Mantle Blog).
Conclusion
Mantle is focusing on making its technology practical for everyday use (Banking/MI4), improving liquidity across blockchains (FBTC), and growing its developer community (Hackathon). The partnership with Bybit helps drive demand in the near term. The big question is whether Mantle’s modular design and focus on real-world assets can help it stand out among other Layer 2 solutions and attract more institutional investors.
What updates are there in the MNT code base?
Mantle’s latest updates focus on zero-knowledge (ZK) technology, AI-powered payments, and scalable, modular design.
- x402 Facilitator Launch (Nov 5, 2025) – AI-driven payments with real-time settlement using zero-knowledge proofs.
- ZK Rollup Migration (Sep 17, 2025) – Shifted to ZK technology for faster and cheaper transactions.
- Succinct Prover Integration (Aug 6, 2025) – Improved security with modular zero-knowledge proofs.
Deep Dive
1. x402 Facilitator Launch (Nov 5, 2025)
Overview: Mantle added the x402 protocol, which uses AI to automate payments and settle them almost instantly.
This update uses Succinct’s SP1 zero-knowledge proof (ZKP) system to securely verify transactions across different blockchains without needing trust. It supports popular assets like USDC and ETH, allowing developers to build apps with real-time payment features.
What this means: This is a positive step for Mantle. It makes the network a hub for automated financial services, cutting payment times from hours to milliseconds. Users enjoy very low fees (around $0.002 per transaction) and can even earn yield on payments.
(Source)
2. ZK Rollup Migration (Sep 17, 2025)
Overview: Mantle completed its move to a ZK rollup using OP Stack and Succinct’s prover network.
This upgrade reduces transaction finality time to less than a second, compared to about 7 days with older optimistic rollups, and lowers gas fees by roughly 40%. It keeps compatibility with Ethereum’s Virtual Machine (EVM), so developers can run existing Ethereum apps without changes.
What this means: This is a neutral to positive update for Mantle. Scalability improves significantly, but node operators need to update their software by November 30, 2025, to avoid syncing problems. End users benefit from faster transaction confirmations, especially for decentralized finance (DeFi) and real-world asset (RWA) transactions.
(Source)
3. Succinct Prover Integration (Aug 6, 2025)
Overview: Mantle integrated Succinct’s modular prover, enabling zero-knowledge-powered cross-chain compatibility.
The system now separates proof generation between execution and consensus layers, letting developers customize zero-knowledge circuits for specific applications, like privacy-focused real-world assets.
What this means: This is a strong positive for Mantle. It prepares the network for advanced DeFi use cases, giving institutions privacy and auditability for tokenized assets while keeping gas fees about 80% lower than Ethereum’s mainnet.
(Source)
Conclusion
Mantle’s recent improvements highlight its commitment to scalable infrastructure that supports AI and real-world assets. By combining developer flexibility with strong security, Mantle’s modular design could set the standard for Ethereum Layer 2 solutions in 2026.