Mantle Market Analysis

• Mantle’s price surges align with strong trading volume and market demand.
• Market cap swings show cyclical patterns of accumulation and expansion.
• Recent corrections mirror past trends, hinting at a potential breakout.

Mantle (MNT) has experienced tremendous market volatility between 2023 and 2025, characterized by growth and correction phases. Market data presented by CoinMarketCap and technical analysis by experts illustrate price rallies, pullbacks, and recurring investor attitudes.

Market Performance and Supply Metrics

Mantle is priced at $0.7902, marking a 64.24% increase over the observed period. The market capitalization is $2.65 billion, declining by 2.61%, while 24-hour trading volume stands at $116.35 million, showing a 15.06% increase. The volume-to-market cap ratio is 4.37%, with a fully diluted valuation (FDV) of $4.91 billion, reflecting total market potential.

Source: CoinMarketCap

The circulating supply of Mantle is 3.36 billion out of a maximum of 6.21 billion MNT, affecting liquidity and price movements. The market cap saw fluctuations between September 2023 and early 2025, with peaks exceeding $4 billion followed by corrections. A strong rally in early 2024 drove the market cap upwards, stabilizing in mid-2024 before another surge near the end of the year.

Historical Market Trends and Price Action

A deep market drop in 2023 initiated a recovery cycle, reaching its peak by early 2024. The price experienced fluctuations and multiple corrections but maintained a general upward trend. The second peak occurred in late 2024, followed by a decline, ultimately stabilizing at $2.65 billion in early 2025.

A recent analysis by technical analyst Trader Tardigrade compares the current cycle to the previous recovery in 2023, noting similar market structures. The analysis identifies a pattern of accumulation and expansion, anticipating another strong uptrend post mid-2025 based on historical patterns.

Source: Trader Tardigrade

Insights from Trader Tardigrade suggest Mantle’s cyclical behavior aligns with broader market trends. Increased trading volume corresponds with price surges, indicating renewed investor interest. The observed V-shaped recoveries and corrective movements demonstrate historical repetition, reflecting market confidence and participation levels.

Tardigrade notes that the price action continues to form higher highs and higher lows, reinforcing upward momentum. The prevailing market trends indicate a recovery from recent corrections, positioning Mantle for future growth.