Mantle (MNT) Soars 20%, Stellar (XLM) Jumps 16%: Are Altcoins Heating Up?

• Mantle (MNT) has surged over 20% in the last 24 hours, breaking back above the $1 level
• Stellar (XLM) has jumped 16%, boosted by the positive resolution of the Ripple vs. SEC lawsuit
• The strong performance of these two altcoins could be an early signal of a broader market rally

Mantle (MNT) has exploded over 20% in the past 24 hours, with its trading volume skyrocketing by more than 134% as the token broke back above the key $1 level. At the same time, Stellar (XLM) has jumped 16%, signaling that serious capital is beginning to flow into the altcoin market. 

What’s Driving the Mantle (MNT) Rally?

The rally in MNT appears to be fueled by a renewed push from key ecosystem players like Bybit to accelerate the development of the Mantle Network. Bybit co-founder Ben Zhou recently outlined an ambitious vision for a “Mantle Network 2.0.”

"We'll see more synergy between Bybit, Mantle and other ecosystems to accelerate the whole process of Mantle Network's infrastructure."

Hear from @benbybit, Co-Founder & CEO of @Bybit_Official, as he unveils his vision for Mantle Network 2.0 pic.twitter.com/rloyuUXXem

— Mantle (@Mantle_Official) August 7, 2025

From a techn…

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