MNT price today and market context
| Metric | Value | |
|---|---|---|
| Price | $0.5343 | |
| 1h change | -0.19% | |
| 24h change | +0.93% | |
| 7d change | -6.17% | |
| 30d change | -11.30% | |
| Market cap | $1.76B | |
| Rank | #69 | |
| 24h volume | $15.24M | |
| Circulating supply | 3,302,003,383 MNT | |
| Total supply (maximum supply) | 6,219,316,795 MNT |
- All-time high: $2.86 on October 9, 2025 (CoinGlass lists the all-time high at $2.848 on Oct 09, 2025). The current price sits 81.32% below that level.
Mantle has been in a downtrend since the first half of 2026. The price was $0.699231 as of May 11, 2026, and it has since fallen to $0.5343. Trading activity has also thinned. The 24h volume of $15.24M compares with the 24-hour trading volume of $54,115,690 reported in May. Weakness extends across the Layer-2 sector: in the same market dataset, Optimism fell 10.30% over seven days, Polygon's POL fell 11.93%, and Starknet's STRK fell 42.98%. On the fundamentals side, the TVL reached an all-time high of $1.006 billion on March 10, 2026, before consolidating to $755 million by late March. Price has not followed that network-usage peak, which suggests the market is pricing in slower growth in token demand rather than a collapse in activity.
Mantle price prediction 2026
Expected range for the rest of 2026 (October 19 to December 31):
- Low: $0.42
- Average: $0.53
- High: $0.66
Support and resistance:
- Support at $0.50, a level just below the current price, and the $0.42 low case, which sits about 21% below today's price.
- Resistance at $0.66, the high case, and at roughly $0.70, the level Mantle traded at in May 2026.
- A major resistance zone sits between $0.95 and $1.00, which a prediction page describes as requiring a strong crypto market, improving Mantle adoption and a significant expansion in risk appetite. This zone is outside the 2026 range.
Assumptions:
- Cycle position: The token is 81.32% below its high and has negative 7-day and 30-day momentum. The average assumes sideways trading near the current price while the broader market stabilises.
- Flows: The high case assumes trading volume recovers toward the $50M-plus levels seen in May. The low case assumes that volume stays near the current $15M and the Layer-2 selloff continues.
- Adoption: The base case assumes the network keeps its current usage level without a new catalyst. The high case requires TVL to resume growth toward its March peak.
- Macro: Risk appetite for altcoins is the main external driver. Weak altcoin liquidity would likely keep Mantle near the low end of the range.
Mantle price prediction 2027
- Low: $0.40. This sits near the bottom of the bearish range from CoinGape, which projected approximately $0.3638544-$0.4721559 for 2027. It assumes a continued decline in circulating-market demand.
- Average: $0.62. This is close to the MidForex estimate of $0.6434 average for 2027. It implies a circulating market cap of about $2.05B (0.62 × 3.302B MNT), roughly 16% above today's $1.76B.
- High: $0.90. This assumes Mantle gains institutional and real-world-asset activity and retains its position among Layer-2 networks. It implies a circulating market cap of about $2.97B. Coindataflow's 2027 high of $0.849754 is slightly below this figure, and Changelly's estimate reaches $0.297-$1.08 for 2027.
Mantle price prediction 2028-2029
- Low: $0.45. This assumes that Mantle holds above its 2027 bear case while the wider market stays in a low-volatility phase. It implies a circulating market cap of about $1.49B.
- Average: $0.80. This assumes steady growth in stablecoin, DeFi and tokenised-asset activity on the network. It implies a circulating market cap of about $2.64B, roughly 1.5 times today's level.
- High: $1.25. This assumes a full Layer-2 market recovery and continued growth in network usage. It implies a circulating market cap of about $4.13B, or about $7.77B if measured on the 6.22B total supply.
The supply gap is a key consideration. Circulating supply is 3.30B MNT against a 6.22B total, so new token release could add dilution risk if demand does not keep pace.
Mantle price prediction 2030
- Low: $0.55, implying a circulating market cap of about $1.82B.
- Average: $1.00, implying a circulating market cap of about $3.30B.
- High: $1.60, implying a circulating market cap of about $5.28B on 3.302B circulating MNT, or about $9.95B if the full 6.22B supply is counted.
At the high, the circulating market cap of $5.28B would be about 3.9 times the current market cap of Arbitrum ARB, which is $1.36B and ranks #83. Arbitrum is the closest Layer-2 competitor in the dataset. The high case therefore requires Mantle to overtake Arbitrum by a wide margin over the next four years. For reference, Optimism's market cap is $290.9M and ZKsync's is $161.0M. Layer-2 networks may keep gaining share, but a $5.28B cap would still be a large increase from the current market cap, so the high should be read as an upper bound. For comparison, a dated forecast from Coindataflow puts 2030 values between $0.9463055 and $3.51.
MNT price prediction table
| Year | Low | Average | High | Key assumption | |
|---|---|---|---|---|---|
| 2026 | $0.42 | $0.53 | $0.66 | Sideways trading near current price; volume stays below May levels in the base case | |
| 2027 | $0.40 | $0.62 | $0.90 | Layer-2 demand stabilises; Mantle keeps its TVL base and attracts some institutional activity | |
| 2028-2029 | $0.45 | $0.80 | $1.25 | Stablecoin, DeFi and tokenised-asset growth on the network converts into token demand | |
| 2030 | $0.55 | $1.00 | $1.60 | High case implies a $5.28B circulating market cap, about 3.9 times Arbitrum's current $1.36B |
What analysts and institutions forecast
- CoinCodex, September 19, 2026: $0.4030 by the end of 2026 and $1.19 by 2030, which it describes as bearish near term but more constructive over the longer term.
- MEXC, page updated September 16, 2026: $0.5425 for 2026 and $0.6595 for 2030, based on a gradual-growth model.
- CoinGape, published September 13, 2026: a 2027 range of roughly $0.364 to $0.472, which it describes as bearish relative to the current market price.
- MidForex, September 2026: a $0.6434 average for 2027, with a range of $0.5147 to $0.7720.
- Changelly, accessed September 2026: a 2027 range of $0.297 to $1.08.
- CoinMarketCap CMC AI, September 18, 2026: no fixed annual table, but a cautiously optimistic view that highlights real-world-asset adoption and warns of volatility and Layer-2 competition.
- Coindataflow, May 12, 2026: a 2026 range of $0.323931 to $0.749228, a 2027 range of $0.310965 to $0.849754, and a 2030 range of $0.9463 to $3.51.
The forecasts disagree mainly on the time horizon and on the starting price. The September and October forecasts cluster between $0.40 and $0.65 for 2026 and 2027, which is close to the current price and the range in this article. Forecasts dated in May 2026 carry a higher starting price and wider ranges. Models that use technical indicators tend to produce narrower bands, while long-term models assume that adoption translates into a larger market cap. The range in this article is weighted toward the September consensus because the current price is closer to those models' starting points.
Bull, base and bear scenarios
| Scenario | Main drivers | 2027 price | 2030 price | Implied 2030 circulating cap | vs Arbitrum ($1.36B) | |
|---|---|---|---|---|---|---|
| Bear | Layer-2 tokens keep losing share; volume stays near $15M; new token supply weighs on price | $0.40 | $0.55 | $1.82B | about 1.3x | |
| Base | Network usage stabilises; institutional and real-world-asset activity grows gradually | $0.62 | $1.00 | $3.30B | about 2.4x | |
| Bull | TVL recovers toward its March peak; a major protocol deploys natively; altcoin liquidity returns | $0.90 | $1.60 | $5.28B | about 3.9x |
On the total supply of 6.22B MNT, the bear 2030 price implies about $3.42B, the base about $6.22B and the bull about $9.95B. The bull case therefore depends on Mantle growing well beyond its current market-cap rank. Arbitrum's market cap sets a practical reference point for how realistic the upper bound is. The bull case would require Mantle to close most of the gap with a larger Layer-2 competitor within four years.
Catalysts and risks
Upside catalysts that could push MNT above the ranges:
- A recovery in TVL and network activity toward the March 2026 peak.
- Adoption by large decentralised finance protocols or tokenised-asset issuers on the network.
- A broader altcoin rally that restores trading volume toward the May 2026 level.
- Renewed interest in Layer-2 scaling as Ethereum activity grows.
Downside risks that could push MNT below the ranges:
- Continued selling across Layer-2 tokens, as seen in the 7-day moves of OP, POL and STRK.
- Thin trading volume, which can amplify price moves in either direction.
- Token supply that keeps entering circulation, given the gap between 3.30B circulating and 6.22B total.
- Competitive pressure from larger Layer-2 networks such as Arbitrum.
Bottom line
The base case places Mantle between $0.53 and $1.00 by 2030, with a range of $0.42 to $1.60 across the full scenario set. Reaching the upper end would require a $5.28B circulating market cap, about 3.9 times Arbitrum's current value, which would need sustained growth in network usage and a recovery in trading activity. A move toward the low end of the range could occur if Layer-2 selling continues, trading volume stays near $15M, and token supply pressure remains high.