Latest Mantle (MNT) News Update

TLDR
Mantle rides exchange momentum toward $1.40 resistance, balancing bullish catalysts with overbought risks. Here are the latest updates:

1. Coinbase Futures Launch (21 August 2025) – MNT perpetuals debut on Coinbase International, boosting institutional access.
2. Bybit’s 250K USDT Campaign (20 August 2025) – Retail frenzy fueled by high-yield incentives and VIP perks.
3. Stablecoin Milestone (22 August 2025) – Mantle’s stablecoin supply hits $713.8M ATH, up 210% YoY.

Deep Dive

1. Coinbase Futures Launch (21 August 2025)

Overview:
Mantle’s perpetual futures went live on Coinbase International, expanding access to leveraged trading. The listing followed Bybit’s August 14 integration of MNT into Earn, OTC, and EU Launchpool (36% APR). Bybit already drives 37% of MNT’s $717M daily volume, and Coinbase’s entry is seen as a liquidity multiplier.

What this means:
This is bullish for MNT’s market depth and institutional adoption but risks a “sell the news” pullback if open interest stagnates post-launch. Historically, tokens rally pre-listing but correct if derivatives demand lags (Cryptomus).

2. Bybit’s 250K USDT Campaign (20 August 2025)

Overview:
Bybit allocated a $250K USDT prize pool for MNT trading/staking tasks, endorsed by ex-execs Helen Liu and Emily Bao. The exchange also introduced MNT-based structured products like “Double Win” for volatility plays.

What this means:
This temporarily inflated retail demand, contributing to MNT’s 26% weekly surge. However, RSI at 75.3 signals overbought conditions, suggesting volatility if rewards taper (Cryptonews).

3. Stablecoin Milestone (22 August 2025)

Overview:
Mantle’s stablecoin supply hit $713.8M, a 210% YoY jump, driven by mETH Protocol’s ETH restaking and institutional partnerships like Republic Technologies’ $388M ETH treasury allocation.

What this means:
This underscores Mantle’s growing role in real-world asset (RWA) tokenization, a key narrative for Layer 2 chains. Sustained growth here could offset exchange-driven speculation (CoinRank).

Conclusion

Mantle’s exchange-driven rally faces a technical test at $1.40, with Coinbase’s listing and Bybit’s incentives offset by overbought signals. The stablecoin milestone hints at deeper ecosystem value beyond trading hype. Will MNT’s infrastructure bets outlast the derivatives frenzy?

TLDR
Mantle’s community is buzzing with exchange partnerships and technical breakouts. Here’s what’s trending:
1. Stablecoin surge hits record highs
2. Bybit’s strategic moves fuel “quasi-platform token” hype
3. Coinbase futures listing sparks derivatives frenzy
4. $1.40 resistance tests bullish momentum

Deep Dive

1. @CoinRank_io: Mantle stablecoins hit $713.8M ATH 🚀 bullish

“Mantle Network stablecoin supply hits $713.8M, up 210% YoY”
– @CoinRank_io (12.3K followers · 8.7K impressions · 2025-08-22 07:41 UTC)
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What this means: This is bullish for MNT because growing stablecoin liquidity signals increased DeFi activity and institutional demand, directly benefiting Mantle’s ecosystem value.

2. @iamyourchaos: Bybit execs join Mantle team 💼 bullish

“Bybit is positioning Mantle as core infrastructure – quasi-platform token status” (translated from Chinese)
– @iamyourchaos (89K followers · 284K impressions · 2025-08-18 14:23 UTC)
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What this means: This is bullish as high-profile executive migrations suggest deeper integration with Bybit’s 74M-user ecosystem, potentially accelerating MNT’s utility across trading products.

3. @GMX_IO: MNT perpetuals go live 🎯 mixed

“Trade MNT perpetuals with 50x leverage on Arbitrum via GMX”
– @GMX_IO (392K followers · 1.2M impressions · 2025-08-07 12:00 UTC)
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What this means: While increased derivatives access boosts liquidity, the 50x leverage introduction raises volatility risks as open interest approaches $122M ATH.

4. Crypto Times: Rising wedge warns of correction 📉 bearish

“MNT faces rejection at $1.40 with RSI at 73.73 – rising wedge pattern suggests pullback risk”
– Published 2025-08-19 19:41 UTC · 154K views
View article
What this means: This is bearish short-term, as the pattern historically precedes 15-20% corrections, though the $1.25 support level remains key for bulls.

Conclusion

The consensus on Mantle is bullish with caution – institutional partnerships and liquidity growth offset technical overextension. Watch the $1.40 resistance level this week, where $5.74M in clustered shorts could trigger volatility. Can MNT’s 210% stablecoin growth sustain momentum past its ATH?

TLDR
Mantle's codebase advances focus on modular scaling and ZK integration.

1. Everest Upgrade (14 August 2025) – Enhanced BedRock compatibility + EigenDA optimizations.
2. OP-Succinct Testnet (Q2 2025) – Transition to hybrid ZK rollup underway.
3. EigenDA Mainnet Integration (Q2 2025) – Institutional-grade data availability layer.

Deep Dive

1. Everest Upgrade (14 August 2025)

Overview: Finalizes Mantle V2’s BedRock infrastructure adaptations, reducing gas fees by ~18% and enabling sub-2-minute deposit confirmations.

The upgrade introduces a redesigned batch compression algorithm and L1/L2 message-passing optimizations. Node operators must update before 1 September 2025 to avoid sync issues.

What this means: This is bullish for Mantle because users get faster, cheaper transactions while maintaining Ethereum-level security. Developers benefit from improved compatibility with EVM tooling. (Source)

2. OP-Succinct Testnet (Q2 2025)

Overview: Implements zero-knowledge proofs via Succinct’s SP-1 zkVM, moving Mantle toward becoming Ethereum’s largest ZK rollup.

Currently in final stability testing, this hybrid approach combines optimistic rollup speed with ZK finality. Early benchmarks show 12% faster fraud proofs than OP Stack baseline.

What this means: This is neutral-to-bullish – while still experimental, successful implementation could make Mantle the first L2 with institutional-grade ZK security at scale. (Source)

3. EigenDA Mainnet Integration (Q2 2025)

Overview: Fully operational decentralized data availability layer securing 162.9K ETH worth of transactions.

By leveraging EigenLayer’s restaking framework, Mantle now processes 23% more TPS than competing DA solutions while maintaining 99.98% uptime.

What this means: This is bullish because it enables hyperscale dApps without compromising decentralization – a key differentiator vs centralized alternatives like Celestia.

Conclusion

Mantle’s codebase evolution prioritizes modular infrastructure (BedRock), ZK security (Succinct), and battle-tested DA (EigenDA) – positioning it as a leader in practical L2 solutions. With the Everest upgrade now live and ZK proofs progressing, can Mantle sustain its 115% price growth since June while delivering these technical milestones?

TLDR
Mantle's roadmap focuses on bridging TradFi and DeFi with key launches.

1. Mantle Banking Early Access (Q3 2025) – Unified fiat/crypto neobank with virtual cards and yield strategies.
2. MI4 Fund Expansion (2026) – Tokenized crypto index fund integration into Mantle Banking.
3. OP-Succinct zkVM Mainnet (Q4 2025) – Finalizing ZK rollup scaling for institutional-grade security.
4. mETH Protocol Growth (Q3 2025) – Boosting ETH collateral utility across CeDeFi platforms.
5. Function Cross-Chain Deployments (Ongoing) – Expanding FBTC to Solana, SUI, and other non-EVM chains.

Deep Dive

1. Mantle Banking Early Access (Q3 2025)

Overview: Mantle Banking aims to merge fiat and crypto management into a single app, enabling salary deposits, auto-investment into MI4, and credit lines backed by assets like mETH. Built on Mantle Network’s modular infrastructure (EigenDA, OP Stack, Succinct’s zk proofs), it targets global accessibility with low fees. Beta testing began in Q2 2025, with early access rolling out regionally in Q3.
What this means: This is bullish for MNT because seamless TradFi-DeFi integration could attract mainstream users, increasing network activity and demand for $MNT as a gas/governance token. Risks include regulatory hurdles in key markets like the EU and Asia.

2. MI4 Fund Expansion (2026)

Overview: Backed by a $400M anchor investment from Mantle Treasury, the tokenized MI4 fund offers exposure to BTC (50%), ETH (26.5%), SOL (8.5%), and stables (15%). Planned integration into Mantle Banking in 2026 will allow users to allocate savings directly to MI4.
What this means: Neutral-to-bullish – while MI4 diversifies Mantle’s institutional appeal, its success depends on broader crypto market sentiment and competition from similar products like Bitwise’s 10 Crypto Index Fund.

3. OP-Succinct zkVM Mainnet (Q4 2025)

Overview: After reaching testnet in Q2 2025, Mantle aims to launch its ZK-powered rollup mainnet by late 2025. This upgrade would make Mantle the largest ZK rollup by throughput, leveraging Succinct’s SP-1 zkVM for faster, cheaper transactions.
What this means: Bullish if delivered on time – enhanced scalability could attract developers, but delays (common in ZK tech) might dampen momentum.

4. mETH Protocol Growth (Q3 2025)

Overview: Following its Q1 2025 integration with HyperEVM, mETH Protocol plans to deepen partnerships with CeDeFi platforms, positioning cmETH (its fixed-yield ETH vault) as a preferred collateral asset.
What this means: Bullish – increased cmETH adoption would strengthen Mantle’s ETH-centric ecosystem, though competition from Lido’s wstETH and EigenLayer’s restaking pools poses challenges.

5. Function Cross-Chain Deployments (Ongoing)

Overview: Function’s FBTC (a Bitcoin yield token) is expanding to Solana and SUI after EVM-chain deployments. This aligns with Mantle’s multichain vision but requires overcoming non-EVM technical barriers.
What this means: Neutral – while cross-chain FBTC could boost utility, execution risks and liquidity fragmentation are concerns.

Conclusion

Mantle’s roadmap prioritizes real-world usability (Banking, MI4) and technical maturation (ZK rollups, cross-chain). Success hinges on user adoption of its neobank and seamless integration of modular tech stacks. With $4B in treasury assets and partnerships like Bybit, can Mantle carve a niche as the “Banking Chain” of Web3?