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Mantle Price Prediction 2025: Bumpy Road Ahead but Potential for Record Highs

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Victor Olanrewaju
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Key Takeaways

Mantle was one of the hottest topics in the world of crypto in July 2023, when it was launched. The layer-2 scaling solution launched its mainnet and its MNT token and soon saw success, shooting up the price charts.

Depending on how one views things, Mantle is either the successor or rebranding of BitDAO’s BIT token. It has a ready-made user base and hopes to build on that.

In late 2024, MNT rallied somewhat, boosted by the news that it was changing its programming . It moved above the dollar and peaked at above $1.40 in early January.

On Jan. 24, 2025, the MNT price was about $1.20.

Let’s now examine our price predictions for Mantle, made on Jan. 24, 2025. We will also examine the MNT price history and discuss what MNT is and does.

Mantle Price Prediction 

Let’s look at the MNT price prediction made by CCN on Jan. 24, 2025. We will use the wave count method to arrive at our predictions and then add and remove 20% from the final targets to create the minimum and maximum Mantle price predictions.

Minimum Mantle Price Prediction Average Mantle Price Prediction Maximum Mantle Price Prediction
2024 $0.92 $1.15 $1.38
2025 $0.36 $0.45 $0.54
2030 $3.05 $3.75 $4.45

The most likely count suggests that MNT is in wave C of an A-B-C corrective structure (yellow). The sub-wave count is in white, showing that MNT is in the fifth and final sub-wave of this increase.

Giving wave C the same length as wave A leads to a target of $1.68. The same target is found by the 1.61 external Fibonacci retracement of wave four (black) at $1.66. 

Afterward, Mantle could begin a lengthy downward movement. During this projected decline, the wave count method gives an MNT price prediction of $1.15 and $0.45 for the end of 2025 and 2026, respectively.

MNT/USDT Three-day Chart
MNT/USDT three-day chart | Credit: Valdrin Tahiri/TradingView

Finally, we will use the daily rate of increase for the last year to create an MNT price prediction for the end of 2030. 

The MNT price has increased by 30% since January 2024. Projecting this increase until the end of 2030 leads to a price of $3.75

MNT Price Prediction 2025

The wave count method predicts an MNT price range between $0.92 and $1.38 by the end of 2025.

MNT Price Prediction 2026

The wave count method and the daily rate of decrease give an MNT price prediction range between $0.36 and $0.54 for the end of 2026.

MNT Price Prediction 2030

The wave count method and the daily rate of increase give an MNT price prediction range between $3.05 and $4.45 for the end of 2030.

MNT Price Analysis

After trading inside a horizontal range between August and November, MNT accelerated its upward movement and ended the year on a rally. The MNT price reached a high of $1.42 on Jan. 5, only slightly under the all-time high price of $1.51.

MNT fell afterward, seemingly breaking down from the $1.08 horizontal support area, and fell to a low of $0.92 on Jan. 20. However, MNT has rallied by 35% since and is creating its fifth successive bullish candlestick. The Mantle price also cleared the 0.618 Fibonacci retracement resistance level at $1.23, often acting as the top if the movement is corrective.

MNT/USDT Daily Chart
MNT/USDT daily chart | Credit: Valdrin Tahiri/TradingView

Technical indicators have turned bullish. The Relative Strength Index (RSI) just increased above 50, and the Moving Average Convergence/Divergence (MACD) has just made a bullish cross (black circles). Both are considered positive signs associated with a bullish trend.

So, the daily time frame suggests that Mantle will continue to increase.

Short-Term MNT Price Prediction

The MNT price prediction for the next 24 hours is bullish. The price will likely continue increasing until it reaches a new all-time high.

Mantle Average True Range (ATR): MNT Volatility

The Average True Range (ATR) measures market volatility by averaging the largest of three values: the current high minus the current low, the absolute value of the current high minus the previous close, and the absolute value of the current low minus the previous close over a period, typically 14 days.

A rising ATR indicates increasing volatility, while a falling ATR indicates decreasing volatility.

MNT ATR
MNT ATR | Credit: Peter Henn/TradingView

On Jan. 24, 2025, the ATR for MNT was 0.1061, a sign of average volatility.

Mantle Relative Strength Index (RSI): Is MNT Oversold or Overbought?

The Relative Strength Index (RSI) is a momentum indicator traders use to determine whether an asset is overbought or oversold. Movements above 70 and below 30 show over and undervaluation, respectively.

Movements above and below the 50 line also indicate if the trend is bullish or bearish.

MNT RSI
MNT RSI | Credit: Peter Henn/TradingView

On Jan. 24, 2025, MNT’s RSI was at 56, showing a somewhat bullish trend.

Mantle Market Cap to TVL Ratio

The Total Value Locked (TVL) to market cap ratio (TVL ratio) measures the valuation of a decentralized finance (DeFi) project by comparing its market capitalization to the total value of assets locked in its smart contracts.

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This ratio shows the project’s utilization and links the platform’s health to locked asset value.

MNT MCap/TVL
MNT MCap/TVL | Credit: DeFiLlama

A ratio above 1.0 indicates overvaluation because the market cap exceeds the value of assets used in the platform. A ratio below 1.0 indicates undervaluation because the market cap is lower than the value of locked assets.

On Jan 24, 2024, the Mantle TVL ratio was 9.03, indicating overvaluation.

CCN Strength Index

The CCN Strength Index combines an array of advanced market signals to measure the strength of individual cryptocurrencies over the last 30 days.

Every day, it assigns a strength score, ranging from 0 to 100, to the top 500 assets by market capitalization on CoinMarketCap, focusing on both trend direction and the intensity of price movements.

  • 0 to 24: Assets exhibit significant weakness, showing signs of sustained downtrend behavior.
  • 25 to 35: The price tends to move within stable bounds with minimal volatility.
  • 36 to 49: Assets begin a stable uptrend but without strong surges.
  • 50 to 59: Consistent growth with moderate price advances, building momentum.
  • 60+: Sharp price movements and high demand indicate stronger volatility and trend shifts.

The index dynamically adapts to rapid changes. For example, an asset experiencing a 100% increase within a short timeframe would see a sharp jump in its score to reflect the intensity of the rise.

However, should that asset stabilize at this new price level, the score will gradually taper down and align with the dampened momentum as the movement normalizes. The same principle applies to rapid declines: a sudden drop will spike the score downward, but as volatility decreases, the score will slowly adjust back up.

On Jan. 24, 2025, Mantle scored 45.9 on the CCN Index, suggesting moderate momentum.

MNT CCN Index
MNT CCN Index | Credit: CCN

Mantle Price Performance Comparison

Mantle is a Layer-2 solution for Ethereum, so let’s compare it with other similar projects.

Current Price One Year Ago Price Change
Mantle $1.20 $0.633 +89.5%
Polygon $0.4425 $0.7456 -40.6%
Arbitrum $0.7275 $1.73 -57.9%
Optimism $1.75 $2.87 -39%

Best Days and Months to Buy MNT

We looked at the Mantle price history and found the times when the price was at its lowest across certain days, months, quarters, and even weeks in the year, indicating the best times to buy MNT.

Time to Buy MNT Days, Months, and Quarters
Best Day Wednesday
Best Week 13
Best Month February
Best Quarter First

Advantages and Disadvantages of Mantle

CCN.com’s Senior Research Analyst, Toghrul Aliyev, examined Mantle and found the following advantages and disadvantages.

Advantages of Mantle

  • High Total Value Locked : Mantle ranks in the top five platforms for TVL. Despite a smaller active user base, its users are willing to commit significant amounts of money to the ecosystem.
  • Advanced Optimistic Rollup Design: Mantle’s optimistic rollup uses EigenLayer for data availability, allowing nodes to handle small data portions while maintaining the entire dataset. As a result, Mantle achieves lower latency and higher throughput compared to other solutions that build new networks from scratch.
  • Permissionless Liquid Staking: Mantle allows users to stake ETH through its platform with permissionless, non-custodial liquid staking. As of July 2024, Mantle holds a 1.5% market share in the staking ecosystem. Although this may seem low, it places Mantle in the top 12 among nearly 100 staking platforms.
  • Low Transaction Fees : The average fee on the Mantle blockchain is around 0.02 MNT, which translates to less than $0.02 per transaction. This makes Mantle appealing to developers and users who prioritize cost-effectiveness.
  • Improved Scalability and Speed: Although Mantle may not be the fastest blockchain, it significantly improves Ethereum’s scalability with an average block time of 0.498 seconds. Faster block times can reduce transaction costs by decreasing network congestion and improving efficiency as new blocks are added more frequently, allowing more transactions to be processed. 
  • Developer-Friendly Environment and EVM Compatibility: EVM compatibility benefits Mantle by leveraging the extensive Ethereum developer ecosystem. Developers can seamlessly use existing tools and libraries, which streamlines the development process. The compatibility ensures the smooth operation of Ethereum assets and tokens on Mantle. As a result, interoperability improves, entry barriers decrease, and adoption accelerates.
  • Ethereum-Backed Security: Mantle leverages Ethereum’s security by executing transactions off the main chain and grouping them into batches for settlement on Ethereum’s Mainnet. This ensures that Ethereum’s consensus mechanism secures its transactions.

Disadvantages of Mantle

  • Underutilized Throughput: Despite having a theoretical throughput of 500 TPS, Mantle has yet to reach this potential in practical use.  The maximum throughput achieved was 200 TPS in December 2023 . Since then, the average daily TPS has been about five. Additionally, multiple other Layer 2 solutions have a higher theoretical TPS and have achieved higher practical TPS, which further shows Mantle’s underperformance. Low usage raises concerns about the blockchain’s real-world applicability and effectiveness, suggesting that user adoption remains low rather than Mantle being hindered by its operational challenges, such as network stability or technical limitations.
Layer 2 Throughputs
Credit: CCN.com/Chainspects/L2BEAT
  • Modest User Base : Mantle faces low adoption, with about 55,000 daily active addresses, which is not high compared to other layer 2 solutions. The limited user base results in a daily transaction volume of approximately 500,000 transactions. While the per-user activity of nine transactions per user is on par with other blockchains, the total daily transaction volume is still low due to fewer active wallets.
Mantle Daily Active Addresses
Credit: Artemis
Mantle Daily Transactions
Credit: Artemis
  • Low Developer Activity : Mantle ranks 76th with only 638 repositories, 54th with 26 sub-ecosystems, 153rd with 131 weekly commits, and 92nd with 40 weekly active developers. Lower developer activity can result in more bugs, reduced software quality, fewer features, a smaller ecosystem, and slower development progress. It also means longer response times for issue resolution, less innovation, and a reduced ability to keep up with user demands and competitive advancements.
  • Highly Competitive Industry: Mantle operates in a very competitive industry of Layer-2 blockchains. With numerous established platforms like Arbitrum, Optimism, and Base already capturing significant market share, Mantle faces challenges in differentiating itself and gaining traction.

MNT Price History

Let’s now take a look at the Mantle price history . While past performance should never be taken as an indicator of future results, knowing what the token has done can help give us some very useful context when it comes to either making or interpreting a Mantle price prediction. 

Mantle Price History
Mantle price history for the last 12 months | Credit: CoinMarketCap
Period Mantle Price
Last Week (Jan. 17, 2025) $1.15
Last Month (Dec. 24, 2024) $1.24
Three Months Ago (Oct. 24, 2024) $0.603
Last Year (Jan. 24, 2024) $0.633
Launch Price (July 17, 2023) $0.5905
All-Time High (April 8, 2024) $1.51
All-Time Low (Oct. 18, 2023) $0.3136

Mantle Market Cap

Market capitalization, or market cap, is the sum of the total number of MNTs in circulation multiplied by their price.

Mantle Market Cap
Mantle market cap for the last 12 months | Credit: CoinMarketCap

On Jan. 24, 2025, MNT’s market cap was $4.14 billion, making it the 35th-largest crypto by that metric.

Who Owns the Most Mantle (MNT) Tokens?

On Jan. 24, 2025, one wallet held nearly 45% of Mantle’s supply.

Richest MNT Wallet Addresses

As of Jan. 24, 2025, the five wallets with the most Mantle tokens were

  • 0x78605df79524164911c144801f41e9811b7db73d. This wallet held 2,795,022,409 MNT, or 44.94% of the supply.
  • 0x2ebf891f4718eb8367013d8d975a1e5afcae277f. This wallet held 706,717,699 MNT, or 11.36% of the supply.
  • 0xec949f12a3acab835f3eed8b54b7361a8fbb3ee0. This wallet held 500,000,000 MNT, or 8.04% of the supply.
  • 0x5a076b2d0941f2bc9b49d05d3a1ff9c7acdc5e78. This wallet held 463,932,756 MNT, or 7.46% of the supply.
  • 0xe1ab8c08294f8ee707d4efa458eab8bbeeb09215. This wallet held 335,994,166 MNT, or 5.40% of the supply.

Mantle Supply and Distribution

Supply and distribution Figures
Maximum Supply 6,219,316,794
Circulating supply as of Jan. 24, 2025 3,364,694,382 (54.1% of maximum supply)
Holder distribution Top 10 holders owned 90.06% of the supply as of Jan. 24, 2024

From the Mantle Whitepaper

Mantle says it is a “technology stack for scaling Ethereum ” in its technical documentation or whitepaper.

It adds: “We strive to be EVM-compatible. Being EVM-compatible means all the contracts and tools that work on Ethereum also work on Mantle Network with minimal modifications. Users can experiment with exciting web3 apps, and developers can deploy smart contracts in an efficient, low-fee environment.”

Mantle (MNT) Explained

Although Ethereum (ETH) is the largest blockchain for giving people somewhere to develop their decentralized applications (dApps), it is not without its problems. Historically, Ethereum was a very slow system, meaning that transactions took longer to process and cost people more money. 

Although Ethereum’s switch from a Proof-of-Work consensus mechanism to a Proof-of-Stake one helped the system somewhat, there was already a market for protocols that made the blockchain work quicker.

Layer 2 scaling solutions take transactions off blockchains, carry them out elsewhere, and return them to the blockchain. Mantle , launched in 2023 by the BitDAO organization, is a layer 2 scaling solution based on Ethereum, and the MNT token supports it.

BitDAO’s previous crypto, BIT, was swapped for MNT on a 1:1 basis. This meant that BIT holders got the same amount of MNT in return for their old tokens.

Pascal Leblanc is the current CEO, CTO, founder of Mantle, and co-founder of Ambo Technology. He previously worked at EY as a Blockchain Strategist and attended the University of Quebec at Trois-Rivières.

How Mantle Works

Mantle uses optimistic roll-ups to process transactions. This means that the transactions are carried out away from the system and are assumed to be valid. However, people can still flag up what they consider to be fraudulent transactions. 

This system, at least in theory, helps reduce slowness on the platform. 

Mantle’s MNT cryptocurrency is used to pay for fees on the network. People can also stake it or set it aside if they want to operate one of the computers or nodes that help the system run. Holders can vote on changes to the platform and be bought, sold, and traded on exchanges. 

Because Mantle is based on Ethereum, it is a token, not a coin. You might see references to such things as a Mantle coin price prediction, but these are wrong.

Is Mantle a Good Investment?

It is hard to say. A lot will depend on how the market as a whole is able to perform in the coming weeks. Remember that MNT must attract people who would not have bothered with BIT while keeping BitDAO investors on board.

As a Layer-2 scaling solution, it also depends on slow Ethereum. If Ethereum’s Proof-of-Stake consensus mechanism helps it speed up, then Mantle and its ilk will become effectively redundant. 

As always with crypto, you should do your own research before deciding whether or not to invest in MNT.

Will Mantle go up or down?

No one can really tell right now. While the Mantle crypto price predictions are largely positive, price predictions have a well-earned reputation for being wrong. Keep in mind that prices can and do go down and up. 

Should I invest in Mantle?

Before you decide whether or not to invest in Mantle, you will have to do your own research, not only on MNT but on other related coins and tokens such as Arbitrum (ARB). Either way, you must also ensure you never invest more money than you can afford to lose.

Technical analysis by Valdrin Tahiri.

FAQs 

How many Mantle are there?

As of Jan. 24, 2025, there were 3.36 billion MNT in circulation, out of a total supply of just over 6.22 billion.

Will Mantle reach $1?

Our price predictions suggest that Mantle will not reach $1 in the near future.

What is Mantle used for?

The MNT token is used to pay for transactions on the Mantle layer-2 scaling solution platform. It also gives holders the right to vote on changes to the network, and it can be bought, sold, and traded on exchanges.

Disclaimer: The information provided in this article is for informational purposes only. It is not intended to be, nor should it be construed as, financial advice. We do not make any warranties regarding the completeness, reliability, or accuracy of this information. All investments involve risk, and past performance does not guarantee future results. We recommend consulting a financial advisor before making any investment decisions.
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Victor Olanrewaju is a seasoned crypto reporter at CCN, currently based in Lagos, Nigeria. His journey into crypto began in 2017, but it wasn't until 2020—after receiving a slice of the Uniswap airdrop—that things truly clicked. At the time, Victor was learning the ropes of copywriting. That turning point led him to a role as a crypto copywriter for an affiliate marketing firm working with top crypto brokers. At the firm, he produced educational content and price predictions that significantly boosted visibility and conversions for clients, including a standout XRP price prediction that topped Google SERPs during the 2021 bull run. Victor transitioned into crypto journalism in 2022, joining AMBCrypto as a writer and analyst. There, he sharpened his skills in on-chain and technical analysis, playing a part in the outlet’s growth into a top-tier crypto media platform. In 2024, he continued his journey at BeInCrypto, where he worked with the analytics team using tools like Glassnode, Santiment, CryptoQuant, and IntoTheBlock to deliver in-depth reports on Bitcoin, altcoins, and memecoins. Now at CCN, Victor specializes in real-time news, on-chain metrics, and technical analysis. Here, he analyzes several cryptos including those introduced as a result of degen culture. He holds a Bachelor's degree in Physics from the University of Ibadan—a background that allows him to simplify complex technical insights for a broader audience while keeping content engaging, factual and impactful.
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