Mantle Defies Market Drop With 31% Weekly Surge as RWA Adoption and USD1 Deal Drive Demand

Mantle (MNT) is bucking the broader market downturn, jumping 4% daily and 31% weekly to trade near $2.44 after printing a new all-time high at $2.47 (Oct. 7). Related Reading: Ethereum Faces TD Sell Signal At Key Resistance—$4,100 Next? The catalyst stack is clear: Mantle unveiled a compliance-first Real-World Assets (RWA) “Tokenization-as-a-Service” suite at Token2049, positioning the L2 as one of the few ecosystems building institutional-grade RWA ￰0￱ accelerated as World Liberty Financial confirmed its USD1 stablecoin, currently the #6 stablecoin with $2.6 billion cap, will launch on Mantle, a credibility boost for the network’s DeFi and payments footprint.

A deeper “Mantle × Bybit Roadmap” adds distribution as Bybit processes over $30 billion in daily volume, offering Mantle instant visibility to a global trading ￰1￱ Profit-Taking, Volumes, Futures, and Liquidity Show Real Demand Recently, Spot activity has exploded as daily volume climbed from $125M in early September to over $612 million, while market cap nearly doubled to $7.3 billion, lifting Mantle into the top ￰2￱ confirm conviction, open interest rose 26% to $4.85 billion, and funding stayed positive for nearly two ￰3￱ the chart, MNT invalidated a textbook bearish rising-wedge by breaking upward, then stacked short-term MAs above long-term, with a 50/200-day “golden cross” and a bullish MACD backdrop to match the ￰4￱ yellow flag, “smart money” holdings slid 49% over 30 days to 18.1 million MNT (Nansen), implying selective profit-taking into ￰5￱ doesn’t break the uptrend, but it does argue for disciplined risk management and attention to spot-led versus leverage-led ￰6￱ levels: Can Mantle (MNT) Clear $2.60 and Open a Path to $3?

Technically, MNT’s structure remains ￰7￱ support sits near $2.00–$2.10 (watch the $2.09 gap); holding above keeps the higher-low sequence intact. Overhead, $2.60 is the next inflection and a psychological line in the sand; a high-volume daily close above $2.60 would set up a measured move toward $2.85–$3.00. MNT's price trends to the upside on the daily chart.), and CEX–L2 ￰8￱ Reading: The Historical Performance That Says Dogecoin Price Will Hit $11.71 By End Of Year In a week where majors wobbled, MNT’s breakout underscores where capital is rotating: networks shipping product-market fit, liquidity on-ramps, and institutional-friendly ￰9￱ the RWA pipeline and USD1 liquidity arrive on schedule, Mantle’s bid to sustain price discovery above ATHs remains ￰10￱ image from ChatGPT, MNTUSD chart from Tradingview