Overview
- MNT touched an all-time high of $2.47 on Oct. 7 during Asian hours before easing to the $2.20s, extending a multi-week rally.
- Spot activity accelerated with daily volume rising to about $612 million and market cap near $7.34 billion, according to crypto.news.
- Derivatives positioning strengthened as futures open interest climbed 26% to $4.85 billion and funding stayed positive for nearly two weeks.
- Mantle announced a compliance-focused real-world-asset tokenization service at Token2049, and World Liberty Financial said its USD1 stablecoin will launch on the network.
- Bybit deepened integration via new listings, high-yield staking and a published Mantle × Bybit roadmap, while analysts flagged profit-taking risks and Nansen data showed a 49% drop in smart-money MNT holdings over 30 days with resistance seen near $2.60.