Mantle Price Surges 16% as Its FDV Hits $10 Billion – Is a Correction Imminent?

Highlights:

• The Mantle price is showing strong momentum, rallying 16% to $1.62.
• MNT open interest and funding rate surge, indicating growing market interest.
• Bullish technicals indicate further upside as bulls target $1.80 and beyond. 

The Mantle price has unlocked a new milestone, as the token has soared 16% to $1.62. Further, daily trading volume is up 39% to $700 million, signaling increased investor optimism. Meanwhile, MNT has exceeded even its expectations and was granted a valuation of $10 billion fully diluted (FDV), a record, which follows a price jump of 63% in less than one month. This pump, as noted by crypto analyst Andrew Moh, also indicates increasing confidence in the market. The Mantle treasury has a strong stake, having accumulated more than $5.16 billion in MNT.

$MNT has reached a $10b FDV for the first time.

➜ This marks an over 63% surge in just a month.

This also means that @Mantle_Official's treasury faces a strong upfront, exceeding $5.16b in total value.

Mantle demonstrates a consistent strategy by holding the largest share in… https://t.co/EqmUPbN5A4 pic.twitter.com/8E7UOIJYwu

— andrew.moh (@0xAndrewMoh) September 11, 2025

Additionally, the Mantle treasury currently dedicates more than 94% of its total holdings to $MNT. This indicates a high correspondence of project fundamentals and token economics. This type of allocation strategy implies long-term belief in the utility and value capture mechanisms of tokens and, in particular, in the Mantle ecosystem. This strategic treasury positioning has helped sustain bullish sentiment, characterized by steady price movement and volume.

Market Metrics and Technical Outlook Pose a Bullish Structure

In the derivative arena, according to CoinGlass data, on September 11, 2025, the funding rate of $MNT had reached 0.0095%. This indicates a robust interest on the long side. The positive funding rates suggest that traders are paying a premium to continue to hold a long position. This further reinforces the bullish sentiment in the market. 

In addition, the Open Interest-Weighted Funding Rate has been mainly positive in recent sessions, as shown by green areas on the funding chart. This pattern is an indication of increasing belief among leveraged traders who place their bets on further increases.

A quick view of the MNT/USD 1-day chart portrays a positive outlook, with the bulls having the upper hand. The Mantle price has printed a steady, consistent green candle in the chart, showing that the buying pressure is evident in the market. The immediate support zones at $1.08 and $0.80 offer the bulls a hand to aim for higher levels. 

The technical indicators, such as the RSI at 76.59, caution traders as it sits in an overbought region. This signals that a healthy pullback may be imminent in the market. Therefore, traders should not get too greedy. The MACD shows a bullish crossover. This is evident with the signal line (orange) dipping below the MACD line (blue), hinting at accelerating momentum. 

How High Can Mantle Price Go?

Looking at the bigger picture, if this trend holds, Mantle price could blast past $1.80-$2 in the short term, a possible 22% upside by month-end. However, there are risks. The recent spike looks like a short-term hype train. The support at $1.08 is critical, and if it flips, a drop towards $0.08 could be imminent if the hype fades. In the long term, if Mantle price can break $1.80 and hold, it might eye $2.00+ by Q4 2025. For now, this 16% pump is a green flag to ride the wave, but traders will want to set stop losses in case of a change in trend.