Mantle Price Analysis: MNT Could Hit $2 Soon as Bulls Take Control

Highlights:

• Mantle is trending towards $2 after a breakout from consolidation
• Rally driven by ByBit and Coinbase moves on Mantle
• Upcoming interest rate cuts in the US could add to momentum

Mantle (MNT) has been one of the top-performing cryptocurrencies in the past week. In 7 days, Mantle has rallied by over 30%, a feat that has seen it outperform most top 100 cryptocurrencies. However, in the day, Mantle has experienced a slight correction of 2.46% to trade at $1.57. This is quite expected after such a price rally, though overall momentum remains bullish

The strong upside momentum is evident in the fact that, despite the minor price correction, Mantle trading volumes have dropped during the day. They are down by 12.29% to stand at $619.64 million. This is an indicator that, despite the intraday correction, investors are not liquidating their holdings. It shows that they expect even more gains going into the future. A couple of factors are driving the positive expectations around Mantle at the moment.

Coinbase Introduces Mantle Perpetual Futures

One of them is the listing of Mantle by multiple cryptocurrency exchanges. The latest is Coinbase International’s move to introduce perpetual futures for Mantle. This is a big deal as it is set to attract a broader range of traders, which could deepen liquidity and demand for Mantle. Mantle could be headed higher going into the future, mainly because the perpetual futures are coming when altseason appears to be gaining traction.

We just leveled up. Perpetual futures are no longer capped at 20x — say hello to 50x leverage. pic.twitter.com/C6NAXnqD1U

— Coinbase International Exchange 🛡️ (@CoinbaseIntExch) September 3, 2025

Mantle Network Partnership with ByBit Boosts Bullish Sentiment

Besides the Coinbase international listing, Mantle has received a boost from a partnership between Mantle Network and the ByBit exchange. This news has triggered excitement in Mantle in the last 24 hours. However, the best part is that ByBit is running a series of campaigns that could drive FOMO into Mantle in the future. After announcing the partnership, ByBit announced fee discounts for trading Mantle. This is likely to attract short-term leveraged traders in large numbers, a factor that could positively impact Mantle in the short to medium term.

And there is the $MNT god candle that sends it to a new ATH.

I've been saying you have to update your mental model of Mantle for a while.

No longer just an "L2 token".

It is now quite directly ByBit's coin (without being called Bybit's coin), whilst also operating multiple… pic.twitter.com/nB795VkrW7

— Aylo (@alpha_pls) September 11, 2025

ByBit also announced earn programs for investors who buy Mantle. This, too, is a big deal as it incentivizes investors looking to earn a passive income to buy Mantle. At the same time, ByBit has announced a possible buyback and burn for Mantle.

This is the most significant move that could trigger FOMO into Mantle after the partnership with ByBit. That’s because it means that the supply of Mantle could progressively go down over time. The result is that Mantle could surge significantly higher than it is now. It explains why investors are increasingly bullish on Mantle at the moment. This and the move by ByBit to form a strategic Advisory Board for Mantle can potentially send Mantle to new highs in the foreseeable future. 

Upcoming US Interest Rate Cuts Could Send Mantle Price Higher

All these developments for Mantle are coming when there is rising bullish sentiment in risk-on assets. The recent revised US labor numbers pointed to a significant weakness in the US labor market. The implication is that the US could cut interest rates soon, a factor that could see all money flow strongly into cryptocurrencies. A rate cut could send it to new highs in the short term for Mantle, which already has strong bullish momentum.

The market is pricing in 6 Fed rate cuts by next September to take the US short term risk free to less than 3%. That is, below their stated neutral. They are doing this despite tariffs as they “look through” that one-time impact. Slowing rent/wages should partially mitigate this. pic.twitter.com/yxcKaO3gWm

— Harsh Gupta Madhusudan (@harshmadhusudan) September 7, 2025

Technical Analysis – Mantle In A Breakout After Consolidation

Mantle has been rallying for the last two days after a multi-day consolidation between the $1.368 resistance and $1.111 support. If bulls sustain this momentum, Mantle could hit $2 in the short term.

On the other hand, if the Bulls lose momentum, Mantle could test $1.368, which is now support. Of these two scenarios, the odds are higher for a rally to $2. This is likely driven by the excitement around the partnership with ByBit and the upcoming rate cuts in the US.