MNT Soars 58% in 7 Days Driven by Advisor Hires and Network Activity Surge

Generated by AI AgentCoin World
Friday, Aug 8, 2025 9:32 am ET1min read
Aime RobotAime Summary

- Mantle's MNT token surged 58% in 7 days, surpassing $1.06, driven by advisor hires and rising on-chain activity.

- Strategic appointments from Bybit and partnerships like URNeobank boosted DeFi integration and stablecoin liquidity.

- On-chain data shows 20x growth in daily active addresses, with $535M+ 24-hour trading volume and expanding ecosystem usage.

- Analysts highlight strong fundamentals but caution crypto market remains in recovery phase, with institutional interest as key growth driver.

Mantle’s native token, MNT, has experienced a significant price surge of approximately 58% over the past seven days, pushing the token past $1.06. The rapid movement has been driven by a combination of strategic advisor appointments, increased on-chain activity, and growing interest from both retail and institutional investors. Per CoinGecko data, MNT saw a 12.78% increase in the last 24 hours alone, with trading volume exceeding $535 million [1].

Fresh appointments to Mantle’s advisory team, including Helen Liu and Emily Bao from Bybit, have bolstered the project’s strategic positioning in the decentralized finance (DeFi) space. These advisors are expected to contribute to Mantle’s operational depth and broader market integration. Analysts suggest that the appointments align with Mantle’s growing influence in the DeFi sector, particularly as the network’s stablecoin supply continues to expand [2].

Ecosystem growth has also played a key role in the price movement. On-chain data from LunarCrush indicates a 20-fold increase in daily active addresses on the Mantle network within a month, signaling strong user adoption and engagement. This surge in network activity coincides with Mantle’s partnership with URNeobank, which has seen increasing traction in transaction volume and user numbers. As more participants interact with Mantle’s applications and services, the token’s utility and demand continue to rise [3].

Social sentiment has also aligned with the price action, with Mantle seeing a notable increase in social engagement and online discussions. The combination of rising on-chain metrics and heightened community interest suggests that the price rally is not solely driven by speculative trading but also by real-world usage and adoption.

Despite the strong short-term momentum, analysts caution that the broader crypto market is still in a recovery phase and lacks the full conditions for an altcoin season. However, Mantle’s fundamentals—strong network activity, increased stablecoin liquidity, and strategic partnerships—position it favorably for potential further gains. If market conditions improve, the token could see extended upward movement, particularly if institutional interest continues to grow [4].

The recent price action and underlying metrics indicate that MNT has become one of the top-performing large-cap assets in the crypto space this week, with momentum expected to remain a key theme for the coming weeks.

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Source:

[1] Mantle Price Prediction - Why $MNT Is Pumping And What Comes Next (https://en.cryptonomist.ch/2025/08/07/mantle-price-prediction-why-mnt-is-pumping-and-what-comes-next/)

[2] Mantle Price Breakout: MNT Active Wallets Surges After WLFI (https://99bitcoins.com/news/presales/mantle-price-breakout-mnt-active-wallets-surge-network-momentum-turns-bullish/)

[3] MNT Explodes as Stablecoin Liquidity Hits All-Time High (https://beincrypto.com/mnt-price-climbs-stablecoin-liquidity-surges/)

[4] Altcoins Reveal Strength Despite

Lack Of Movement (https://cryptodaily.co.uk/news-in-crypto/bitzo:altcoins-reveal-strength-despite-bitcoin-lack-of-movement-heres-essential-tokens-ready-for-surge)