Ethereum News Today: Mantle Token Surges 65% as On-Chain Growth and ETH Reserves Drive Momentum

Mantle’s native token, MNT, surged past the $0.85 level in early August 2025, signaling renewed momentum after a prolonged consolidation period. The price rally has drawn significant attention from traders and investors, especially with the token now approaching key resistance levels that have historically been pivotal for its valuation. MNT is currently trading near $0.88 and is seen as a potential candidate for a 65% move toward $1.41, a target supported by both technical analysis and on-chain activity [1].

The breakout from the $0.85 threshold is notable as it mirrors a similar price movement from late 2024, when Mantle experienced a 215% rally. This parallel has led to speculation that the current surge could follow a similar trajectory, with analysts suggesting a focus on the next resistance level at $1.048 [2]. On-chain data supports this optimism, showing a 22.85% increase in the stablecoin market cap on the Mantle network within seven days, reaching $653.5 million [3]. Additionally, whale accumulation has surged by 134% in the same period, indicating strong institutional and large-cap investor interest [4].

One of the most significant developments behind the rally is the addition of 101,867 ETH—valued at $388 million—to Mantle’s Strategic ETH Reserve, solidifying its position as one of the largest ETH holders in the Web3 space. This move has bolstered confidence among developers, liquidity providers, and ecosystem participants, who now have a stronger base to build upon. Mantle’s treasury is now valued at $3 billion, with its MI4 fund generating nearly 50% returns in 2025, further reinforcing the network’s financial strength [5].

The ecosystem is also expanding rapidly, with daily active users increasing by 1,380% in a single month, now exceeding 123,000. This growth is not just a reflection of short-term hype but a sign of deeper adoption and use case development. DeFi total value locked (TVL) has climbed to $232 million, up 8.71% in the last 30 days, while open interest and trading volume have also seen notable spikes of 3% and 20%, respectively [6].

According to on-chain and market analysts, the combination of strong fundamentals, strategic liquidity additions, and expanding utility is what has pushed Mantle into the spotlight. Traders are not just reacting to price movements; they are watching a network that is rapidly stacking up infrastructure, liquidity, and community support at a pace few others can match [7].

While the $1.41 target remains speculative, the current trajectory is being closely monitored by investors. Analyst forecasts suggest that the likelihood of reaching this level is contingent on continued on-chain growth, favorable market conditions, and broader adoption of the Mantle protocol. As the token moves into uncharted territory, market participants are advised to remain cautious and assess risk exposure while keeping a close eye on key technical indicators and ecosystem developments.

Source:

[1] Mantle Price Cracks $0.85, Targets $1.41: Here’s What’s Fueling the Rally (https://blockonomi.com/mantle-price-cracks-0-85-targets-1-41-heres-whats-fueling-the-rally/)

[2] 마켓 - 스토원 - STO, 코인일정, 암호화페, 코인뉴스 커뮤니티 (http://www.stoone.co.kr/app/market/)