TLDR:
- Mantle price surged 58% in a week, breaking $1.06 on strong buying pressure and market demand.
- New advisors from Bybit joined Mantle, boosting strategic reach and sector integration prospects.
- Daily active addresses on Mantle rose 20x in a month, signaling rapid user and network adoption.
- DeFi growth, URNeobank traction, and social engagement spikes reinforced bullish market sentiment
Mantle’s native token, MNT, has been on a steep climb this week, posting one of its strongest runs in months. The price has surged 58% over the last seven days, moving past $1.06, a key level.
Momentum has been building on multiple fronts, from fresh advisor appointments to a rapid jump in network usage. Trading activity and social engagement have also picked up pace, with analysts pointing to strong retail and institutional interest.
Mantle Price Rally Driven by Market Demand
Per CoinGecko data, MNT rose 12.78% in the last 24 hours alone, with trading volume topping $535 million.
Trader Tardigrade noted the token jumped from $0.84 to $1.10 without any major pullback, suggesting buyers rushed in ahead of a breakout. Market observers believe smart money may have been positioning early for positive news surrounding Mantle’s ecosystem.
The speed of the rally has pushed MNT into one of the week’s top-performing large-cap assets in the crypto market.
$MNT/daily
$MNT surged another 25% in a day.
It's apparently gaining significant momentum to break the key resistance at $0.84.
Without any retest, it jumped again to reach $1.1
Smart money could have… pic.twitter.com/l5QJ8lFLCe— Trader Tardigrade (@TATrader_Alan) August 7, 2025
Adding to the excitement, Mantle announced that Helen Liu and Emily Bao from Bybit have joined as key advisors. According to posts from community members, the move is seen as a step toward strengthening Mantle’s strategic reach and operational depth.
These appointments come as the network expands its presence in decentralized finance, with its stablecoin supply trending upward. Observers say the new advisory input could support Mantle’s push for broader adoption and deeper integration within the sector.
Ecosystem and On-Chain Growth
Social analytics platform LunarCrush reported a 20-fold increase in daily active addresses on Mantle in the past month. Alongside this growth, the project’s Layer 2 token remains among the largest by market capitalization.
On top of accelerating social activity, Mantle is seeing significant growth, with daily active addresses increasing by 20x in the last month. $MNT has also announced a partnership with Bybit, with key advisors joining Mantle, which could lead to increased… pic.twitter.com/2kGKEHECcN— LunarCrush Social Analytics (@LunarCrush) August 8, 2025
Mantle’s ecosystem partner, URNeobank, has also seen steady traction, further reinforcing the network’s fundamentals. Rising user numbers and transaction activity suggest more participants are actively engaging with Mantle’s applications and services.
Community sentiment has been heating up as market activity mirrors the surge in online discussions. LunarCrush data shows Mantle’s social engagement metrics accelerating in step with its price gains.
While price rallies in crypto often bring short-term attention, the depth of current participation signals interest beyond speculative trading. With resistance levels in sight, traders are now weighing whether Mantle can extend this momentum into the coming weeks.
The post Here’s Why Mantle (MNT) Price Has Been Pumping This Week appeared first on Blockonomi.
Source: https://blockonomi.com/heres-why-mantle-mnt-price-has-been-pumping-this-week/