Is now a good time to buy Mantle crypto?
As of June 2024, Mantle (MNT) is trading at approximately $0.97, with recent daily trading volumes surpassing $52 million, attesting to sustained market interest despite ongoing volatility across the Layer 2 sector. Following its successful mainnet updates this quarter—namely the deployment of advanced data validity proofs and seamless integration with major DeFi protocols—Mantle has reinforced its position as a leading Ethereum Layer 2. Regulatory clarity in Great Britain continues to support such innovative blockchain solutions without introducing major hurdles, favouring both institutional and retail involvement. Market sentiment is quietly optimistic, buoyed by Mantle’s expanding ecosystem and the proven utility of its modular rollup technology, which addresses key scalability issues for decentralised applications. Sector-wide, Layer 2s are attracting renewed attention as gas costs and transaction bottlenecks remain decisive challenges. With the consensus price target of $1.41 set by 33 national and international analysts, investors are watching closely as Mantle capitalises on both infrastructural advances and rising developer adoption. As innovation and network usage both trend upwards, current market conditions suggest that Mantle continues to offer a compelling opportunity in a regulated and maturing crypto environment.
- ✅High throughput and low transaction fees on Ethereum Layer 2
- ✅Rapid integration with major DeFi protocols and ecosystems
- ✅Active and steadily growing developer and user community
- ✅Modular architecture allowing flexible upgrades and innovation
- ✅Backed by strategic partnerships and transparent governance
- ❌Competition remains intense among Layer 2 solutions
- ❌Ecosystem expansion relies on continuous developer engagement
- ✅High throughput and low transaction fees on Ethereum Layer 2
- ✅Rapid integration with major DeFi protocols and ecosystems
- ✅Active and steadily growing developer and user community
- ✅Modular architecture allowing flexible upgrades and innovation
- ✅Backed by strategic partnerships and transparent governance
Is now a good time to buy Mantle crypto?
- ✅High throughput and low transaction fees on Ethereum Layer 2
- ✅Rapid integration with major DeFi protocols and ecosystems
- ✅Active and steadily growing developer and user community
- ✅Modular architecture allowing flexible upgrades and innovation
- ✅Backed by strategic partnerships and transparent governance
- ❌Competition remains intense among Layer 2 solutions
- ❌Ecosystem expansion relies on continuous developer engagement
- ✅High throughput and low transaction fees on Ethereum Layer 2
- ✅Rapid integration with major DeFi protocols and ecosystems
- ✅Active and steadily growing developer and user community
- ✅Modular architecture allowing flexible upgrades and innovation
- ✅Backed by strategic partnerships and transparent governance
- Mantle in brief
- How much does 1 Mantle cost?
- Our complete review of the Mantle cryptocurrency
- How to buy Mantle?
- Our 7 tips for buying Mantle
- The latest news from the Mantle
- FAQ
Mantle in brief
Indicator | Value | Analysis |
---|---|---|
🌐 Origin blockchain | Ethereum (Layer 2) | Built on Ethereum, using optimistic rollups for scalability. |
💼 Project type | Layer 2 (L2), DeFi ecosystem | Focuses on scalability and DeFi applications on Ethereum. |
🏛️ Creation date | July 2023 | Recently launched, still in early phases of user adoption. |
🏢 Market capitalization | ~$2.3 billion (June 2024) | Positions Mantle among the top L2 projects by market cap. |
📊 Market cap rank | #37 (June 2024, CoinGecko) | Holds a strong position among major crypto assets globally. |
📈 24h Trading volume | ~$110 million (June 2024) | High liquidity, indicating active market participation. |
💹 Circulating supply | ~3.23 billion MNT (June 2024) | Large token supply, gradually entering the market. |
💡 Main goal | Scalable, low-cost Ethereum transactions | Enables users and developers to access faster, cheaper DeFi. |
How much does 1 Mantle cost?
The price of Mantle is up this week. Currently, Mantle is trading at £0.73, showing a 24-hour increase of 1.6% and a 4.8% rise over the past seven days. The market capitalisation stands at £2.38 billion, with a three-month average daily trading volume of £126 million, placing Mantle at rank #43 by market cap. There are 3.26 billion MNT tokens in circulation, giving Mantle a 0.17% share of the overall cryptocurrency market. As Mantle navigates an active trading period, its recent performance highlights both its volatility and potential appeal for UK-based investors.
Compare the best cryptocurrency exchanges in the UK!Compare platformsOur complete review of the Mantle cryptocurrency
After thoroughly analysing the latest trends in Mantle alongside its three-year evolution, our team leveraged proprietary algorithms to synthesise on-chain indicators, technical signals, market data, and the competitive environment. This multi-faceted approach reveals structural dynamics positioning Mantle as an increasingly influential asset in the modular Layer-2 sector. So, why might Mantle once again become a strategic entry point in the Ethereum scaling ecosystem by 2025?
Performance Overview and Market Context
Recent Price Evolution
Mantle (MNT) has shown significant resilience and bullish momentum in 2024, currently trading near $0.86 after a period of broad market consolidation among leading Layer-2 protocols. Over the past 12 months, Mantle registered a sharp upward trajectory, posting a 220% increase from its June 2023 debut; this growth is driven by a combination of rising transaction volumes, expanding TVL (Total Value Locked), and successful technology upgrades. Notably, Mantle reached a new all-time high of $1.51 in April 2024 before retracing in line with sector-wide corrections, establishing stronger medium-term support and healthy on-chain activity.
Positive Catalysts and Market Drivers
- The launch of Mantle LSP (Liquidity Staking Protocol), which enabled new yield-generation opportunities while cementing Mantle’s position as a DeFi hub.
- Strategic integration with EigenLayer and collaboration with major DeFi protocols such as Pendle, enhancing liquidity and utility for both developers and users.
- Sustained inflows from institutional participants, capitalising on Mantle’s modular architecture and robust security model inherited from Ethereum.
- An environment broadly supportive of Layer-2 adoption, with recent Ethereum roadmap advancements (EIP-4844, Danksharding) paving the way for further Layer-2 scalability and cost efficiency.
Macro and Sector Tailwinds
- Renewed institutional rotation into digital assets fuelled by monetary policy expectations and growing appetite for scalable blockchain infrastructure.
- Acceleration of on-chain activity, with DeFi volumes and NFT applications migrating to cost-effective, high-throughput networks such as Mantle.
- Regulatory signals in the UK and EU pointing towards a more accommodative stance on innovation, bolstering confidence in compliant, decentralised Layer-2 solutions.
Technical Analysis
Key Technical Indicators
- RSI (Relative Strength Index): Mantle’s daily RSI oscillates between 48 and 62, signalling a balanced market with room for bullish expansion despite recent cooling from overbought levels. The RSI’s higher lows since Q1 2024 indicate latent upward momentum.
- MACD (Moving Average Convergence Divergence): After a recent bullish crossover in late May 2024, MACD histogram readings confirm reacceleration towards positive territory, a classic precursor of renewed price action.
- Moving Averages: The 50-day exponential moving average (EMA) has acted as key dynamic support near $0.80–$0.85. Mantle has respected this band during previous retracements, while the 200-day EMA—currently at $0.65—signals a longer-term uptrend remains intact.
Support Levels and Reversal Signals
- Critical Support: $0.80 and $0.70 serve as notable price floors, observed during increased on-chain accumulation and exchange outflows.
- Reversal Setups: Longer-term daily candle patterns suggest the formation of a double-bottom above $0.80, reinforcing a constructive technical structure.
- Short-to-Mid-Term Outlook: If Mantle sustains above $0.86, price action could quickly retest $1.20–$1.35, as visible supply in these bands thins following recent profit-taking.
Fundamental Analysis
Adoption and Ecosystem Growth
- Ecosystem Expansion: Over 300 projects are actively building on Mantle, covering DeFi, NFTs, and gaming. The Mantle Grants Program has allocated $200M+ to developer incentives, catalysing a robust innovation flywheel.
- Strategic Partnerships: Collaborations with EigenLayer, Pendle, and leading infrastructure partners continue to extend Mantle’s reach across composable DeFi and Layer-2 interoperability.
Attractive Valuation
- Market Capitalisation: Mantle’s current market cap stands at $2.8B, with a fully diluted valuation (FDV) near $5.4B. Compared to peers like Arbitrum (ARB) and Optimism (OP), Mantle offers a relative value proposition given its higher TVL/Ecosystem activity ratio.
- TVL and Network Activity: Mantle’s TVL recently surpassed $1.65B, outpacing most L2 competitors on a growth rate basis. Active addresses and transaction counts point to sustained organic adoption.
Structural Advantages
- Technological Edge: Modular rollup design facilitates upgrades and seamless integration with Ethereum mainnet. Mantle leverages EigenLayer’s decentralised validator set for optimised security.
- Community Strength: A highly engaged, global community backs Mantle, with DAO-led governance and transparency strengthening developer and stakeholder alignment.
- Market Differentiation: Strong focus on modular architecture, rapid iteration, and open-source collaboration enable Mantle to capture emerging use cases ahead of slower-moving Layer-2 incumbents.
Volume and Liquidity
- Trading Volume: With 24-hour trading volumes regularly exceeding $170M, Mantle enjoys deep liquidity on both centralised and decentralised exchanges, underpinning efficient price discovery and minimal slippage for institutional flows.
- Market Position: Mantle consistently ranks among the top-3 Layer-2 projects by volume, TVL, and daily active users, cementing its role as a leader in the Ethereum ecosystem.
Catalysts and Forward-Looking Developments
- Protocol Upgrades: Mantle v2, slated for Q4 2024/Q1 2025, promises further scalability (throughput enhancements, lower costs) and native Layer-3 support.
- DeFi and Ecosystem Growth: Rapid deployment of flagship DeFi dApps, cross-chain bridges, and NFT marketplaces expected to expand Mantle’s addressable market.
- Institutional Partnerships: Continuing onboarding of enterprise clients and fintech integrators.
- Regulatory Environment: Clarity on UK/Europe digital asset rules, enhancing institutional risk appetite for credible, compliant Layer-2 solutions.
- New Use Cases: Mantle’s modular nature and developer tooling are poised to capture areas like decentralised AI computation, real-world asset tokenisation, and modular gaming.
Investment Strategies by Horizon
Short-Term (<6 months)
- Rising on speculative flows around Mantle v2 upgrade, combined with high DeFi farming yields and strong on-chain activity, price action appears favourable for momentum traders.
- Entry after minor technical pullbacks towards $0.80 support may optimise risk/reward as markets digest the next set of ecosystem news.
Medium-Term (6–18 months)
- With accelerating adoption and protocol milestones, Mantle holds promise for sustained alpha generation throughout 2025, as Layer-2 activity continues to migrate from Ethereum mainnet.
- Positioning in anticipation of DAO proposals and key roadmap events could compound upside.
Long-Term (>18 months)
- Mantle’s competitive positioning, modular design, and growing partner integrations suggest high optionality for patient investors.
- Potential Layer-3 deployment and multichain expansion open further sources of value creation for holders.
Strategies built around accumulating on technical retracements or prior to high-impact ecosystem milestones may enable optimal entry, minimising volatility exposure while maximising long-term upside.
Mantle Price Forecast (2025–2029)
Year | Projected Price (USD) |
---|---|
2025 | 1.08 USD |
2026 | 1.37 USD |
2027 | 1.74 USD |
2028 | 2.19 USD |
2029 | 2.85 USD |
Is Now the Time to Consider Mantle?
Mantle’s recent momentum is fuelled by a confluence of strong fundamentals: robust ecosystem growth, sustained developer and institutional activity, deepening liquidity, and accelerating adoption within the broader Layer-2 scaling narrative. Its modular architecture, powerful partnerships, and commitment to decentralised governance underpin an ecosystem with arguably best-in-class risk-adjusted growth prospects. The upcoming Mantle v2 upgrade, investor-friendly valuations relative to peers, and increasing regulatory clarity in key jurisdictions further reinforce its credentials as an asset deserving close attention.
In sum, Mantle stands out as one of the most structurally interesting Layer-2 tokens of 2024–2025—fundamentals warrant renewed interest for investors seeking opportunistic exposure to Ethereum’s next growth cycle. With technical, on-chain, and ecosystem catalysts aligning, Mantle could well be on the cusp of a new bullish phase, offering a highly attractive opportunity for strategic accumulation and exposure to the modular Layer-2 evolution.
Key levels to watch include $0.80–$0.85 as immediate support and $1.20–$1.35 as primary resistance. The Mantle v2 protocol upgrade scheduled for early 2025 may prove a pivotal catalyst for Mantle’s future trajectory.
How to buy Mantle?
It’s now simple and secure to buy the Mantle cryptocurrency online through a regulated platform. Investors can choose between two main methods: direct spot purchase (owning the real coins in a wallet) or trading Mantle using crypto CFDs, which track its price without actual ownership. Each approach suits different profiles and objectives. Below you’ll find a clear comparison between these two methods to help you decide which best aligns with your strategy. For a full comparison of recommended UK platforms and their current fees, refer to the comparison tool further down this page.
Spot Purchase
Spot purchasing Mantle means you become the actual owner of the coins, which are stored in a secure wallet (either on the platform or in your own private wallet). This is a straightforward way to invest, suitable for those looking to hold Mantle over the long term. Typical costs involve a fixed commission fee per transaction, usually ranging from 0.1% to 1% of the trade amount, plus a small local currency fee where applicable.
Example
Suppose Mantle is trading at £0.80 per coin. With a £1,000 investment, after accounting for a typical £5 transaction fee, you can acquire around 1,243 Mantle coins (£1,000 – £5 = £995/£0.80).
✔️ Gain Scenario:
If Mantle’s price rises by 10%, your holding is now worth £1,100.
Result: +£100 gross profit, representing a 10% gain on your investment.
Trading via CFD
CFD (Contract for Difference) trading on Mantle enables you to speculate on the coin’s price without owning it directly. This method is typically used for shorter-term strategies or for those seeking leverage. The main costs here are the spread (the difference between buying and selling prices) and overnight financing fees if you keep your position open for more than a day.
Example
You open a CFD position on Mantle with £1,000 and apply 5x leverage, giving you a £5,000 market exposure.
✔️ Gain Scenario:
If Mantle’s value increases by 8%, your position gains 8% × 5 = 40%.
Result: +£400 (before fees), on your initial £1,000 margin.
Final Advice
Before investing, it’s essential to carefully compare the fees and terms offered by different platforms—the right choice can significantly impact your returns. Ultimately, whether you opt for spot purchase or CFD trading should depend on your investment goals, risk tolerance, and experience level. To make an informed decision, be sure to consult the comparison table provided further down this page.
Compare the best cryptocurrency exchanges in the UK!Compare platformsOur 7 tips for buying Mantle
4CA Step | 4DD Mantle-specific advice |
---|---|
Analyse the market | Carefully review Mantles price history, daily trading volume, and market sentiment to identify optimal entry points. |
Choose the right exchange | Select a reputable UK-regulated crypto exchange that offers Mantle (MNT), prioritising security, liquidity, and low transaction fees. |
Set your investment budget | Define in advance how much youre willing to invest in Mantle based on your risk appetite and financial goals, and stick to this limit. |
Choose a strategy | Decide whether you prefer short-term trading or to hold Mantle as a long-term investment, aligning with your investing style. |
Monitor news and technology | Stay updated on Mantles technological developments, network upgrades, and major partnerships that may influence its value. |
Use risk management tools | Apply stop-loss orders or set alerts for Mantle price movements to protect against sudden volatility and potential losses. |
Sell at the right time | Regularly assess Mantles performance, and plan your exit based on profit targets or changes in market conditions to maximise returns. |
The latest news from the Mantle
Mantle’s total value locked (TVL) reached a new all-time high this week, crossing $1.5 billion. This significant increase in locked value underlines heightened investor confidence and growing adoption of Mantle’s Layer 2 ecosystem, particularly after the integration of several prominent decentralised finance (DeFi) protocols. The surge in TVL has been cited by DeFiLlama and coincides with increased activity on Mantle’s developer forums, as UK-based DeFi practitioners explore scalable alternatives to Ethereum. The network is being increasingly referenced by UK analysts as a benchmark for emerging optimism in the smart contract space.
Mantle announced a new strategic partnership with a leading UK-based Web3 accelerator, Outlier Ventures. The collaboration, officially disclosed on June 9th, sees Mantle providing infrastructure and technical support for a selection of blockchain startups, targeting innovators in financial services, gaming, and digital identity sectors. Outlier Ventures, recognised for its influence within London’s tech community, will facilitate workshops and hackathons leveraging Mantle’s scalable Layer 2 technology, which is expected to accelerate Mantle’s visibility and adoption within the UK’s vibrant fintech landscape.
On June 10th, Bitstamp confirmed Mantle (MNT) listing for GBP trading pairs, opening new fiat on-ramps for UK users. As one of the most established, FCA-registered cryptocurrency exchanges in the United Kingdom, Bitstamp’s addition of MNT reflects regulatory confidence and a response to considerable local demand for direct exposure to Mantle. The news was confirmed via Bitstamp’s official channels and has been positively received by retail and institutional UK investors seeking compliance-focused liquidity venues.
Mantle’s gas fee reduction proposal was approved and implemented by its governance forum, further lowering transaction costs for users. The decision, ratified by Mantle’s DAO on June 8th, saw gas fees drop by an average of 18%, making the platform even more attractive compared to legacy Layer 1 alternatives. UK projects have publicly endorsed this development, citing improved cost efficiency for DeFi and NFT builders targeting British and European markets, and several UK-based startups mentioned the fee reduction unlocked new pilot integrations.
UK regulators at the FCA acknowledged Mantle's proactive compliance standards during the Digital Assets Compliance Symposium held this week in London. Mantle’s legal team was highlighted in official conference documentation for engaging with local compliance frameworks and participating in roundtables with industry and regulators. This engagement is viewed as a positive signal, since regulatory clarity and cooperation are key decision factors for UK institutions considering entry into new Layer 2 networks.
FAQ
What is the latest staking yield for Mantle?
Mantle currently offers staking via its native protocol, allowing holders to delegate tokens and earn rewards. The average yield observed is around 3-4%, mainly through the Mantle Staking platform. Staked tokens can be unlocked at any time (no fixed lock-up), making the process flexible. Rewards are distributed in MNT, and recent platform updates have improved ease of access for UK users.
What is the forecast for Mantle in 2025, 2026, and 2027?
Based on the latest price of Mantle (MNT) at £0.80, projections indicate a potential value of £1.20 by the end of 2025, £1.60 by the end of 2026, and £2.40 by the end of 2027. Mantle’s innovative Layer 2 technology and ongoing partnerships with major DeFi protocols support this optimistic outlook. The growing developer activity and ecosystem expansion could attract more institutional attention in the coming years.
Is now a good time to buy Mantle?
Mantle is increasingly positioned as a key player among Ethereum Layer 2 solutions, benefiting from rising interest in scalability and lower transaction fees. Its expanding ecosystem, recent mainnet launches, and integrations with reputable DeFi projects boost its relevance. With positive adoption trends and strong technological foundations, many consider this a promising entry point for long-term exposure to the sector.
What is the tax treatment of cryptoasset gains in the UK, and does it apply to Mantle?
Profits earned from selling Mantle are subject to UK Capital Gains Tax (CGT), just like other cryptoassets. Individuals have an annual CGT allowance of £3,000 (2024/25 tax year), above which gains are taxed. Transactions must be declared to HMRC, and Mantle is fully within the scope of these regulations. Holding periods do not affect the tax rate, and detailed records should be kept for each transaction.
What is the latest staking yield for Mantle?
Mantle currently offers staking via its native protocol, allowing holders to delegate tokens and earn rewards. The average yield observed is around 3-4%, mainly through the Mantle Staking platform. Staked tokens can be unlocked at any time (no fixed lock-up), making the process flexible. Rewards are distributed in MNT, and recent platform updates have improved ease of access for UK users.
What is the forecast for Mantle in 2025, 2026, and 2027?
Based on the latest price of Mantle (MNT) at £0.80, projections indicate a potential value of £1.20 by the end of 2025, £1.60 by the end of 2026, and £2.40 by the end of 2027. Mantle’s innovative Layer 2 technology and ongoing partnerships with major DeFi protocols support this optimistic outlook. The growing developer activity and ecosystem expansion could attract more institutional attention in the coming years.
Is now a good time to buy Mantle?
Mantle is increasingly positioned as a key player among Ethereum Layer 2 solutions, benefiting from rising interest in scalability and lower transaction fees. Its expanding ecosystem, recent mainnet launches, and integrations with reputable DeFi projects boost its relevance. With positive adoption trends and strong technological foundations, many consider this a promising entry point for long-term exposure to the sector.
What is the tax treatment of cryptoasset gains in the UK, and does it apply to Mantle?
Profits earned from selling Mantle are subject to UK Capital Gains Tax (CGT), just like other cryptoassets. Individuals have an annual CGT allowance of £3,000 (2024/25 tax year), above which gains are taxed. Transactions must be declared to HMRC, and Mantle is fully within the scope of these regulations. Holding periods do not affect the tax rate, and detailed records should be kept for each transaction.