Mantle (MNT) is starting to attract the attention of market players due to its significant growth and increased network activity.
MNT Price Structure and Key Levels
In recent months, Mantle has broken out of a consolidation and decline phase, with the current price at $0.88. The token has pierced a long-term bearish trendline, indicating stronger buyers. Higher lows are forming after each breakout, supporting a bullish setup. Immediate support is found in the range of $0.69–$0.70, which now serves as a base after the breakout. A secondary support zone lies around $0.63, corresponding with the bottom of the last consolidation. Resistance can be observed at levels $0.95–$1.00, where the Mantle price was rejected, followed by $1.15 and $1.30. A breakout above $1.30 could pave the way for $1.50–$1.70, returning to previous highs.
Mantle Trading Volume and Network Growth
Mantle's trading volume shows notable spikes during upward movements, confirming active buy-side participation. According to Artemis, daily active addresses climbed to approximately 145,000, marking a 799% increase over the past month. This surge reflects real network usage, adding credibility to the price momentum as opposed to mere speculation.
Market Narratives Supporting MNT Price Momentum
Experts emphasize that Mantle aligns with two major growth trends in the crypto sector. Its RWA exposure positions it favorably in the tokenization of traditional assets, while its bridging role between DeFi and TradFi supports long-term adoption by institutional and retail participants. If MNT price holds above $0.70 and breaks $0.95–$1.00, the technical structure supports movement toward the next resistance zones. Combined with rising network activity and adoption narratives, Mantle remains a token closely monitored by traders for potential breakout.
Current growth trends of Mantle, alongside its strategic position in real asset markets and decentralized finance, offer interesting prospects for the token's further development in the market.
