Mantle (MNT) Up 130% on RWA Tokenization & USD1 Stablecoin

Published: 2025-10-09 09:52:14 |

Mantle’s native token MNT has rallied 130% over the past month, surging from around $1.24 to a peak of $2.84, following a breakout from an ascending channel. Mantle’s trading volume jumped to a record $840 million, up from $612 million in early September, while futures open interest climbed over 14% to $4.85 billion. Technical indicators remain bullish, with a golden cross on the 50- and 200-day moving averages and a positive weighted funding rate. Short-term support sits at $2.00 and resistance at $2.60 ahead of analyst Ali Martinez’s $3.60 target. These gains are underpinned by Mantle’s rollout of compliance-oriented real-world asset (RWA) Tokenization-as-a-Service (TaaS), tapping a $26 billion market, and the launch of the USD1 stablecoin backed by World Liberty Financial (market cap $2.6 billion) on the Mantle network, reinforcing both short-term momentum and long-term ecosystem growth.

Bullish

The combined news indicates strong bullish momentum for MNT. The 130% price surge and record trading volumes reflect heightened trader interest, supported by technical breakouts and positive funding rates. The introduction of RWA Tokenization-as-a-Service and the USD1 stablecoin on Mantle’s network provide fundamental drivers that could sustain long-term demand. Analysts’ targets of $3.60 and the golden cross signal further upside. Together, these factors suggest both short-term momentum and long-term growth, supporting a bullish outlook.