The Mantle price is on fire, reaching a new all-time high of $1.66 earlier today. This impressive rally is fueled by a strategic partnership with crypto exchange Bybit, which has injected fresh momentum into the token’s price action.
As Mantles’ market capitalization approaches $5.3 billion, the crypto community is eagerly watching its potential moves to see if this September breakthrough will be the launchpad for the MNT’s broader bull run.
With its price skyrocketing by nearly 60% in a month, Mantle is undoubtedly one of the hottest cryptocurrencies in the market right now. But now both investors and analysts ponder what this high-flying token’s future looks like.
Mantle Price Hits All-Time High
Currently, Mantle is one of the most sensational tokens in the crypto market as its price continues to hit multiple all-time highs. At press time, the token is trading at $1.62, slightly below its new all-time high.
Significantly, MNT has been on a wild ride over the past year, fluctuating between $0.5501 and $1.3. However, the past month has seen a steady upward trend, punctuated by the token breaking past $1.4, its previous ATH marked in September 2024.
After one year of volatility, Mantle hit a new all-time high of $1.5. The momentum didn’t let up, with MNT pushing past previous peaks to hit fresh all-time highs at $1.54, $1.58, and $1.65. Currently, the Mantle price is recorded at $1.62, up 9% in a day, 41% in a week, and 59% in a month. The trading volume has also surged by a notable 25% to reach $735 million.
Why is the Mantle Price Up?
Significantly, Mantle’s recent price surge followed Bybit’s announcement of the token listing. On September 10, Bybit announced its expanded partnership with Mantle, dubbed MNT x Bybit 2.0.”
This initiative introduced new trading pairs, yield programs, and institutional, sparking an increased growth in trading activity of the cryptocurrency. Since the listing, Bybit has added 21 trading pairs for MNT against assets including SOL, ETH, ADA, and SUI.
In addition, Bybit also kicked off a “HODL & Earn” program, where users can win from a 60,000 XUSD prize pool by holding MNT and XUSD until September 16. This sparked a sharp uptick in trading activity.
Spartan Group Resumes MNT Trading
Adding more momentum to the Bybit listing and the Mantle price surge, Spartan Group, a crypto investment firm, has resumed its MNT trading activity. Arkham Intelligence data revealed that the group moved a massive 1 million MNT tokens, valued at around $1.64 million, to an address linked to Bybit.
Notably, this marks the platform’s first major MNT transaction in the last two months. Thus, it highlights a renewed interest in the token following the Bybit launch and the subsequent price surge.
Earlier this year, the platform was involved in a series of Mantle transactions. The firm has moved about 2.753 million MNT, worth a total of $2.68 million, to Bybit addresses since the onset of this year. However, the group still holds 2 million MNT, which is valued at around $3.28 million.
What’s Next for MNT?
In his latest X post, analyst Lucky explained the historical performance of the token, citing that MNT “keeps on dominating.” The analysis says that the token has been rising since July, following a steep downtrend since January 2025. The price movement of September has reignited bullish momentum for the token after the profit-taking in late August.
As per expert insights, $1.5 has been a major point for the token. While the crypto has already broken past the zone and hit $1.6, Mantle is poised for another major bull run.
According to analyst Alex Wacy, the MNT token has already surged 180% since July. He added that September could be a beginning for the crypto’s next massive bull run. His prediction suggests that the next stop for Mantle is $3.6.
With several upcoming developments, including increased spot pairs, retail perks, and fee eliminations, the stage is set for further gains. The analyst also highlighted the increasing momentum of MNT despite the growing popularity of stablecoins.
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