The Mantle (MNT) token has shown a significant increase in value since the end of August 2025, adding 47% to its price. At the beginning of September, the asset began to exhibit rapid growth, and by September 23, the MNT price exceeded the $1.9 mark, reaching a new all-time high.
This is reported by Finway
Market Dynamics and Mantle Ecosystem Activity
Over the past month, the token has not only experienced a price increase but also other positive indicators. By the end of September, the market capitalization of MNT reached $5.8 billion, with a daily trading volume of $642 million. Network activity has also intensified: the number of active unique addresses increased in September, indicating heightened user interest in the project.
According to analytics from Santiment, there were several sharp spikes in attention towards Mantle on social media in September, and the Social Dominance metric also steadily grew.
“As seen, there were at least three significant spikes in attention towards the project on social media in September, according to Santiment data. Additionally, the overall Social Dominance metric also increased:”
The Importance of Integration with Bybit and New Opportunities for MNT Holders
One of the key factors influencing the rise of MNT was the extensive integration with the cryptocurrency exchange Bybit. As part of the collaboration, new trading opportunities were introduced: the leverage for collateral in MNT on the spot market was increased to 8x, on futures to 5x (USDT) and 10x (USDT, USDC), and lending to 8x. Furthermore, the terms of fixed-rate lending were extended based on the collateral amount: 500,000 MNT for 2 months, 1 million MNT for 3 months, and 1.5 million MNT or more for 4 months.
Bybit also launched the Bybit MNT Holder Program, which allows MNT holders to gain VIP status and additional benefits, including discounts on fees. Moreover, the MNT token has become part of the Discount Buy product, enabling users to purchase the asset at a fixed reduced price or receive collateral with interest income. A notable feature is the absence of a knockout limit, ensuring the acquisition of the token at the agreed price regardless of market conditions.
According to community members, the integration of MNT into the ecosystem of one of the leading exchanges signifies not only an expansion of opportunities but also a replacement of BITDAO with a new ecosystem token for Bybit. The increase in utility, the likelihood of buybacks and token burns by the exchange, as well as the active promotion of MNT support the upward trend in the market.
It is worth noting that earlier, the Mantle team held an AMA session during which Alexander Maslov, responsible for the project’s development in Eastern Europe, shared insights on Mantle’s positioning, details of the integration with Bybit, and the team’s future plans.