Mantle ($MNT) Jumps 25% as Daily Addresses Hits 5-Month High

Mantle Network, a rising player in the blockchain landscape, has experienced a remarkable surge in activity and valuation, signaling a potential shift in the decentralized finance (DeFi) ecosystem.

Recent data from on-chain analytics platform Lookonchain reveals a significant influx of capital into the Mantle network, with its stablecoin MACP surging by 22.85% in the past seven days, culminating in a substantial $653.51 million.

This upward trajectory coincides with a 25% increase in the value of Mantle’s native token, $MNT, reflecting growing investor confidence and network utilization.

Here’s Why Mantle is Surging

The recent performance of Mantle has been nothing short of impressive. The platform has achieved a five-month high in its token value, accompanied by an extraordinary 450% surge in trading volume.

Further evidence of this resurgence is the exponential growth in daily active addresses, as reported by Artemis Analytics. In a single month, the number of active addresses on the Mantle network skyrocketed by 1,600%, surging from 7,000 to 120,000.

Notably, the platform’s integration into the Strategic ETH Reserve (SER) has played a pivotal role in increasing its position within the Web3 space by allocating 101,867 ETH, valued at approximately $388 million, to its treasury.

This strategic reserve not only demonstrates Mantle’s commitment to Ethereum but also establishes a correlation between MNT and ETH, contributing to the appreciation of the token’s value alongside ETH’s rise from $3,000 to $4,000 since mid-July.

Furthermore, the mETH Protocol, a staking platform built on the Mantle Network, is designed to optimize ETH yields through advanced staking and restaking mechanisms. This approach has attracted interest from institutional investors, such as Republic Technologies, which converted a substantial portion of their ETH holdings into mETH during Q2/2025.

$MNT Price Trajectory

On July 30th, the network launched UR global, an innovative crypto application designed to bridge the gap between traditional finance (TradFi) and decentralized finance (DeFi).

Analytical data further validates Mantle’s recent success, with $MNT reaching $0.88, its highest level since March. The 24-hour trading volume has also exceeded $500 million, more than double the average volume from the previous month.

However, data from CoinMarketCap reveals that the top 10 MNT wallets control over 89% of the total supply, with Mantle’s treasury alone holding more than 49%. Nonetheless, despite the recent surge of over 30% since early August, MNT still trades significantly below its all-time high of $1.50 from 2024.

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