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Mantle Surges 35% Hits New High

Mantle (MNT) Surges by 30% Amid Renewed Buyer Confidence

  • Mantle (MNT) jumped by 30% in the past day, reaching $2.20 after a weekend low of $1.50.
  • Trading volume surged over 60%, hitting approximately $1.2 billion, while futures open interest increased by 9% to $269.7 million.
  • The network’s Tokenization-as-a-Service is attracting real-world asset issuers on-chain, and the new stablecoin USD1 is boosting liquidity.

Mantle’s recent price recovery highlights renewed confidence among buyers following a sharp correction from record highs last week. The increase in trading volume and futures open interest indicates growing speculative demand alongside spot buying.

Despite being below its all-time high of $2.84–$2.86, Mantle’s robust rebound suggests potential for further gains if momentum continues to build, with key support levels identified at $2.50–$2.55 and $1.90–$2.00 zones.

(Source)

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