crypto-news-flash.com
- Mantle (MNT) surged 35% as active addresses jumped 117%, marking the fastest growth among all Layer-2 networks.
- An analyst predicts MNT could break above $3.6 after reclaiming key support, signaling strong bullish momentum ahead.
The crypto market, which had been sluggish over the weekend, is now starting to pick up steam again, and Mantle (MNT) is one of its main stars.
After dropping around 14% due to concerns about a trade war between the United States and China, the token has rebounded faster than expected.
In the past 24 hours, the MNT price has surged 35% to reach $2.14. This surge occurred as global tensions eased after Donald Trump reiterated his tariff plans, which had previously caused market anxiety.
Mantle Network Activity Increases Sharply
The price increase wasn’t the only interesting thing about Mantle this week. On-chain data showed a 117% surge in active addresses in just seven days, a figure no other Layer-2 (L2) network has achieved in the same period.
Furthermore, data from Stargate Bridge shows that Mantle is now the fourth-largest destination for cross-chain capital flows. This means more users and investors are moving their assets to this network.
On the other hand, CNF previously reported that in mid-September, Mantle Network had become the largest ZK rollup with a total value locked (TVL) of $2 billion, thanks to the OP Succinct upgrade, which allows for faster transactions and lower fees. This technological advantage strengthens Mantle’s position amid fierce competition among L2 networks.
Furthermore, financial backing from BitDAO, which has $3 billion in cash, is fueling Mantle’s expansion. Many analysts believe this reserve could fuel the growth of their ecosystem for much longer than some of its competitors, such as Arbitrum.
With a combination of strong capital, a surging user base, and aggressive technological advancements, Mantle is starting to emerge as a new dark horse in the rollup world.
A Major Push from Institutions and Tokenization Innovation
Beyond its network activities, Mantle is also expanding its reach in the traditional financial sector, which is undergoing a digital transformation.
In early October, they launched a Tokenization-as-a-Service platform with World Liberty Financial, using a $2 billion USD stablecoin to support the compliant digitization of assets. This initiative marks Mantle’s serious move to bridge the real-asset and blockchain worlds in a more scalable way.
Last April, Mantle also partnered with Securitize to launch the MI4 Fund, with an initial investment of $400 million. The collaboration aimed to make it easier for institutions to access crypto exposure through products integrated with established financial systems.
Securitize’s ecosystem now encompasses fund tokenization, asset custody, and DeFi yield integration—all aimed at accelerating institutional adoption of digital assets.
However, Mantle’s primary strength remains its network innovation. With a market cap of approximately $6.97 billion, a daily trading volume of $635 million, and open interest of $250 million, the ecosystem continues to demonstrate healthy liquidity.
Furthermore, according to renowned analyst Knight, MNT’s price movement has broken through a key support zone and is now trending higher.
The analyst predicts MNT could surge above $3.6 in its latest rally. If that happens, Mantle would not only set a new price record but also solidify its position as one of the most active and promising L2 projects in the crypto industry.
$mnt pic.twitter.com/ghT5uwoMCB
— KNIGHT (@cryptoknight890) October 12, 2025