Mantle (MNT) hit a new all-time high of $2.18, driven by its renewed RWA and compliance push at Token2049.
While the broader altcoin market is still waiting for a sustained upward rally, Mantle MNT $2.39 24h volatility: 15.7% Market cap: $7.78 B Vol. 24h: $434.85 M has recorded an all-time high as the week begins. The 24th largest cryptocurrency posted a peak of $2.18 on Oct. 6, with its 24-hour trading volume surging by more than 54%.
At the time of writing, MNT is trading at around $2.18, up more than 84% in the past month. During this time, it gained nearly $3.2 billion in market cap, becoming one of the best crypto to buy. This rally is driven by several factors, especially Mantle’s leadership in the real-world asset (RWA) sector.
What’s Behind the MNT Price Rally?
Earlier this month, Mantle announced a compliance-focused RWA service during Token2049, positioning itself as a blockchain leader for regulated asset tokenization.
Moreover, Trump family-backed World Liberty Financial announced at the Mantle Mixer that its flagship stablecoin, USD1, will launch on the Mantle network. This partnership reinforces Mantle’s growing influence in tokenized finance and stablecoin ecosystems.
Last month, Bybit presented the “Mantle × Bybit Roadmap”, revealing the next development stage of MNT and its integration across Bybit’s ecosystem. With Bybit’s $30 billion+ daily trading volume, Mantle’s exposure has grown significantly in the past month.
Several analysts on X have compared MNT’s trajectory to BNB’s relationship with Binance. Some suggest that if Bybit scales similarly, Mantle could experience a 350% upside. Interestingly, this MNT peak came on the same day BNB reached a new high.
Strong Buying Pressure, $2.30 Soon?
On the daily chart, MNT is trading along the upper Bollinger Band, indicating strong bullish momentum. The bands are tightening, hinting at rising volatility and potential continuation of the uptrend. However, traders should watch for the support around $1.74 and $1.50.
MNT price chart with Bollinger Bands and MACD | Source: TradingView
Meanwhile, the MACD also remains in bullish alignment, with expanding histogram bars, a sign of strong buying pressure. However, traders should watch for any potential crossover that could indicate weakening momentum.
If the rally continues with a close above $2.20, the next resistance lies at $2.30.
Overall, tokenized asset markets have ballooned nearly fivefold in just three years, surpassing $33 billion as of writing. Ripple projected in August that the RWA market could hit $19 trillion by 2033, noting the sector’s immense long-term potential.
Subbd Steps into the Spotlight
As Mantle (MNT) continues its strong upward trajectory, another emerging project, SUBBD, is quietly drawing attention in the fast-evolving content subscription market.
The platform aims to reshape the $85 billion content industry by introducing an AI-enhanced, tokenized ecosystem that connects creators and their audiences in new, interactive ways.
Built on Web3 technology, Subbd provides creators with advanced automation tools to simplify content delivery and engagement.
Fans, in turn, gain access to personalized and exclusive experiences, including premium content and interactive features. This bridges the gap between creators and their communities.
SUBBD Token Details and Ongoing Presale
At the core of the platform is the SUBBD token, an Ethereum-based utility asset that powers all transactions and features across the ecosystem.
Token holders can stake SUBBD to unlock additional benefits such as private livestreams, behind-the-scenes access, and exclusive content drops, making it an integral part of the platform’s reward structure.
The project’s crypto presale has already raised $1.24 million, signaling growing investor interest.
Presale Snapshot:
- Current price: $0.056625
- Amount raised: $1.24 million
- Ticker: SUBBD
- Blockchain: Ethereum
With only a few days left before the next price adjustment, investors looking for early opportunities in the crypto space can try their hand at SUBBD. Read about how to buy SUBBD in our step-by-step guide.
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