Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio. Mantle (MNT) is bucking the broader market downturn, jumping 4% daily and 31% weekly to trade near $2.44 after printing a new all-time high at $2.47 (Oct. 7). Related Reading Ethereum Faces TD Sell Signal At Key Resistance—$4,100 Next? 1 day ago
The catalyst stack is clear: Mantle unveiled a compliance-first Real-World Assets (RWA) “Tokenization-as-a-Service” suite at Token2049, positioning the L2 as one of the few ecosystems building institutional-grade RWA rails.
Momentum accelerated as World Liberty Financial confirmed its USD1 stablecoin, currently the #6 stablecoin with $2.6 billion cap, will launch on Mantle, a credibility boost for the network’s DeFi and payments footprint.
A deeper “Mantle × Bybit Roadmap” adds distribution as Bybit processes over $30 billion in daily volume, offering Mantle instant visibility to a global trading base. Despite Profit-Taking, Volumes, Futures, and Liquidity Show Real Demand
Recently, Spot activity has exploded as daily volume climbed from $125M in early September to over $612 million, while market cap nearly doubled to $7.3 billion, lifting Mantle into the top 35. Derivatives confirm conviction, open interest rose 26% to $4.85 billion, and funding stayed positive for nearly two weeks.
On the chart, MNT invalidated a textbook bearish rising-wedge by breaking upward, then stacked short-term MAs above long-term, with a 50/200-day “golden cross” and a bullish MACD backdrop to match the narrative.
One yellow flag, “smart money” holdings slid 49% over 30 days to 18.1 million MNT (Nansen), implying selective profit-taking into strength. That doesn’t break the uptrend, but it does argue for disciplined risk management and attention to spot-led versus leverage-led pushes. Key levels: Can Mantle (MNT) Clear $2.60 and Open a Path to $3?
Technically, MNT’s structure remains constructive. Immediate support sits near $2.00–$2.10 (watch the $2.09 gap); holding above keeps the higher-low sequence intact.
Overhead, $2.60 is the next inflection and a psychological line in the sand; a high-volume daily close above $2.60 would set up a measured move toward $2.85–$3.00.
MNT"s price trends to the upside on the daily chart. Source: MNTUSD on Tradingview
Failure to reclaim $2.60 on rising volume raises the odds of a reset into the $2.20s, where bulls will try to defend momentum against the backdrop of a softer crypto tape.
Why it matters: RWAs are moving from narrative to implementation, and Mantle has planted a flag with compliance tooling, stablecoin depth (USD1), and CEX–L2 integration. Related Reading The Historical Performance That Says Dogecoin Price Will Hit $11.71 By End Of Year 12 hours ago
In a week where majors wobbled, MNT’s breakout underscores where capital is rotating: networks shipping product-market fit, liquidity on-ramps, and institutional-friendly primitives. If the RWA pipeline and USD1 liquidity arrive on schedule, Mantle’s bid to sustain price discovery above ATHs remains open.
Cover image from ChatGPT, MNTUSD chart from Tradingview