Mantle Wallets Surge 21x as MNT Price Soars Near All-Time High!

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Mantle Wallet Growth Explodes 21x as <a href="https://bbg-news.com/mnt-usd/">MNT</a> Price Nears All-Time High

1- The expansion of the Mantle wallet skyrocketed 21 times within a month, with the value of MNT coins rising by 90%. This growth is approaching an all-time high. Notable strategic advisors from Bybit have joined forces to further fuel this momentum.

Mantle’s native token, MNT, has lately seen a rise in active wallets and price gains. 

Over the last month, the number of active wallets increased dramatically, going from 7,600 to 159,100 – that’s a growth rate of 21 times! Simultaneously, MNT’s price skyrocketed by approximately 90%. Moreover, notable advisors from Bybit have joined the project, which has added even more excitement and anticipation.

Explosive Wallet Growth Fuels Mantle Momentum

The significant surge in the number of active wallets indicates a robust user adoption. As per a recent tweet by Dami-Defi, Mantle’s wallet count jumped from 7,600 to 159,100 within a single month.

Mantle, a Layer 2 project supported by Ethereum, has made a significant leap forward, as indicated by the increase in users. This surge suggests that people are becoming increasingly confident in Mantle’s ecosystem and offerings. With more daily interactions between wallets, Mantle’s network appears to be growing healthier and more lively.

The rise in MNT’s price is parallel to a continuous upward trend. As pointed out by Dami-Defi, the token price experienced an impressive 90% increase during this timeframe. Such price hikes typically coincide with heightened network activity, implying that traders are bullish about Mantle’s future.

| has seen a gigantic 21x growth in active wallets (7.6k → 159.1k) in the last 1 month

price is up 90% in the same period.

Bybit’s Co-CEO & Head of Spot Trading now Mantle advisors

Could this be just the beginning for ?

— Dami-Defi (@DamiDefi)

This wave of activity aligns with an expanding stablecoin supply on Mantle. AlΞx Wacy pointed out that the stablecoin market cap on Mantle jumped 22.85 percent to $650 million recently. This supports a more liquid environment where decentralized finance applications can thrive. 

The increase in the use of stablecoins could draw traders who are looking for secure investments within Mantle’s network, potentially increasing the demand for tokens even more.

The number of daily active addresses on Mantle’s network has skyrocketed by an astounding 1600% over the past month, indicating a surge in regular user engagement. This trend suggests that the network is becoming increasingly popular and could lead to stronger development within its ecosystem as well as the emergence of more use cases.

Strategic Advisors Boost Confidence and Visibility

The recent appointments of Helen Liu and Emily Bao from Bybit as advisors to Mantle strengthen its narrative of growth. Their inclusion in Mantle signifies a connection with one of the world’s leading crypto exchanges, and it indicates strategic backing intended to enhance liquidity and market reach.

is ripping off the charts today, surging 58% this week

The team has been cooking nonstop, and the chart seems more bullish than ever before

Helen Liu and Emily Bao from have joined as key advisors, which is a massive step to push…

— Finish (@0xFinish)

The report from Dami-Defi suggests that the appointment of Bybit’s Co-CEO and Head of Spot Trading as advisors may provide fresh opportunities for Mantle.

Mantle’s growth into the intense Layer 2 market could be significantly boosted by their associates’ knowledge and connections. Such a strategic step might also speed up potential collaborations and chances for integration. This action underscores Mantle’s commitment to expanding and driving innovation.

Supporters and experts view this as a promising development, with Sjuul from AltCryptoGems emphasizing that Bybit’s backing of Mantle could revolutionize liquidity, making it more competitive in a rapidly growing market.

Having experienced advisors could improve market confidence and attract institutional attention.

The behind-the-scenes efforts of the team continue to play a crucial role. Notably, the Mantle team has been consistently working hard, as mentioned by Finish, and the price trend is showing signs of growing optimism.

Having the advisors around might steer this task towards real market outcomes. In summary, these actions demonstrate Mantle’s dedication to sustained expansion over time.

Mantle Price Nears Its All-Time High With Strong Price Action

The current trend indicates that Mongolian Tugrik (MNT) is approaching its record high of $1.54. Currently, MNT is trading at $1.04, marking a substantial 48% surge in the last seven days. Although there was a minor 2.66% drop over the past day, the overall momentum remains strong.

Market observers like AlΞx Wacy emphasize that MNT has risen over 55 percent in the last month. This performance, combined with wallet and stablecoin growth, signals growing market interest. The sharp gains demonstrate that MNT is among the more active tokens in the Layer 2 sector right now.

Reaching new record highs necessitates a price surge of more than 30% from our current positions. While this goal might seem attainable given the current trend, it’s essential to remember that trading volumes and liquidity will significantly influence how quickly MNT can climb higher.

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2025-08-09 09:05