Mantle (MNT) Soars 130% in a Month, Targets $3.60

2025-10-10 21:30

Mantle (MNT) has reached a new all-time high of $2.84, marking a monthly increase of over 130%. The token's daily trading volume surged by 75% to $840 million, driven by the launch of its Tokenization-as-a-Service (TaaS) platform and the USD1 stablecoin, which have attracted significant investor interest. Analysts are optimistic about MNT's future, maintaining a price target of $3.60 as the token holds above the $1.90–$2.00 support level. Open interest in MNT has risen by 14% to $487 million, indicating growing speculative demand. Analyst Ali Martinez highlights a breakout above an ascending channel, suggesting a strong continuation pattern with no signs of reversal in major timeframes.

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