Will MNT Price Finally Rise & Break Above $0.60? | Price Analysis

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Aug 28, 2026
1min read
byYash Jain
forCoinpedia

Mantle’s Mainnet unique addresses jumped from 697,000 in January 2024 to 7.7 million by August 2026 and total asset value on the network topped $800 million, up 54% year-to-date, highlighting strong crypto adoption and DeFi/token growth. Despite this on-chain strength, MNT is stalled at $0.5585 resistance after retesting the $0.39-$0.43 demand zone in July, with the 200-day EMA near $0.60 and breakout targets at $0.70 and $0.85 if buyers follow through.

See what traders are focused on

MNT price is approaching a test that could decide whether Mantle’s recent network growth finally translates into a stronger market move. Mantle Mainnet unique addresses have surged from 697,000 from January 2024 to 7.7 million in August 2026,  while total asset value on Mantle has climbed to more than $800 million, up 54% year to date.

Network Growth Gets Harder to Ignore

The address expansion is striking, but the ecosystem data adds another layer. Mantle says its network now holds more than $800 million in total asset value across six asset classes, ranging from tokenized equities to stablecoins. That gives the network exposure across different parts of the capital markets stack, serving traders, holders, allocators and issuers.

Still, crypto markets rarely reward good fundamentals on schedule. Price needs to prove the demand is translating into buyers.

MNT Price Faces Its Next Resistance

MNT has been raising since early August after retesting the long-standing $0.39-$0.43 demand area in July. The move came as broader crypto market sentiment improved, baby late August the token is struggling around $0.5585 resistance.

A rejection there could send MNT back toward the $0.39-$0.43 demand zone. A clean break, however, would put the 200-day EMA near $0.60 in focus, making that dynamic resistance the next major test.

The Next Breakout Levels Could Get Interesting

If MNT clear both $0.5585 and the 200-day EMA, $0.70 and $0.85 become the next resistance targets based on the provided levels. That’s the bullish case, and it requires actual follow-through rather than another brief spike.

For now, Mantle price has plenty of network growth to point toward, but MNT price still has something to prove. The address surge and $800 million asset base are notable, whether that strength can push the token through $0.5585 and $0.60 is the part traders will be watching.

Source: cryptorank.io