Should You Buy Mantle in 2025?

Mantle in brief

How much does 1 Mantle cost?

The price of Mantle is rising this week. Currently, Mantle is trading at CA$1.43, showing a 2.8% increase over the last 24 hours and a 5.1% gain for the week. Its market capitalization stands at CA$4.74 billion, ranking it 36th among cryptocurrencies, with an average three-month trading volume of CA$189 million. The circulating supply is 3.32 billion MNT, representing about 0.34% of the total crypto market. As with most digital assets, Mantle remains volatile, offering both risks and potential rewards for Canadian investors.

Our full review of the Mantle cryptocurrency

After analyzing the latest trends for Mantle, as well as its evolution over the past three years, our team has leveraged a proprietary blend of on-chain indicators, technical signals, market data, and competitive landscape insights. This multidimensional approach highlights the crypto’s nuanced trajectory and positions within a maturing sector. So, why could Mantle once again become a strategic entry point in the modular Layer 2 and decentralized data storage ecosystem in 2025?

Recent Performance and Market Context

Price Evolution

Mantle (MNT) has delivered a remarkably resilient trajectory throughout the last twelve months, currently trading at approximately $1.05 CAD. Since its mainnet launch, Mantle has outperformed a majority of comparable Layer 2 and data-centric protocols, posting a year-to-date gain of over 100%. Recent price action has been characterized by steady upward movement, reflecting both increased investor interest and a robust response to positive ecosystem developments.

April and May 2024 marked a tightening of Mantle’s trading range, with a consistent float between $0.90 and $1.12 CAD, even amid broader market volatility. This relative stability, paired with above-average trading volumes (24h trading volume recently surpassing $250M CAD), signals a strong confidence base and a solid floor for future growth.

Positive Recent Events

• Mantle just surpassed the $1B TVL milestone, now ranking among the top 10 Layer 2 solutions globally.
• Launch of the Mantle “EcoFund” ($200M allocation) driving rapid onboarding of Web3 startups and DeFi protocols.
• Strategic partnership with EigenLayer and integrations with dApps like Pendle and Lido, amplifying utility and liquidity networks.
• Rollout of the Mantle Staked Ether (mETH) product, achieving significant adoption throughout DeFi platforms.

These successes have sharply increased developer activity, wallet growth (+38% over the last six months), and cross-chain integrations—each acting as tailwinds for ongoing network adoption.

A Favourable Macro Environment

With growing institutional adoption and a regulatory thaw in Canada and abroad, the macro environment is poised to support Layer 2 scaling solutions. Broadening user onboarding and inflows to EVM-compatible chains further reinforce Mantle’s positioning within the next wave of blockchain infrastructure expansion.

Technical Analysis

Crypto-Relevant Indicators

• RSI (14d): Currently at 61—indicating neither overbought nor oversold conditions, but opening room for further momentum.
• MACD: Positive crossover in late June underlines early-stage bullish continuation after a consolidation period.
• 50-day SMA: The price has held solidly above this moving average for ten weeks, confirming robust intermediate-term support.

Key Support & Bullish Reversal Signals

• $0.98 CAD: Strong demand zone, previously tested but not breached.
• $1.12 CAD: Next resistance; a break above confirms structural trend extension.
• On-chain volume spikes and rising open interest on derivatives reflect renewed bullish sentiment from both retail and institutional actors.

Short/Mid-Term Structure

Mantle’s current price structure signals an emerging bullish pennant on the daily chart, indicating potential breakout towards $1.30-$1.40 CAD if positive developments persist. Ongoing accumulation at current levels suggests long-term holders are strengthening their positioning.

Fundamental Analysis

Growing Adoption & Strategic Alliances

• Over 2M unique wallet addresses and 50+ integrated dApps as of Q2 2024.
• “EcoFund” accelerating onboarding of high-value applications across DeFi, NFTs, cross-chain liquidity, and decentralized data services.
• Collaborations with EigenLayer, Lido, Pendle, and established institutional staking providers.

Attractive Relative Valuation

• Market Cap: $3.3B CAD—markedly below Layer 2 incumbents (Arbitrum, Optimism) despite comparable TVL and developer activity.
• Fully Diluted Value (FDV): $6.2B CAD—offering scalability for further capital inflow without excessive dilution risk.
• Total Value Locked (TVL): $1.04B CAD, with double-digit quarter-over-quarter growth.

Relative undervaluation combined with aggressive ecosystem expansion renders Mantle particularly attractive for both active traders and long-term allocators.

Structural Advantages

• Modular Architecture: Decouples execution, consensus, and data layers, resulting in significant transaction cost savings.
• mETH Initiative: Mantle’s Staked Ether product offers original yield mechanisms, drawing liquidity and innovative use cases.
• Active Community: Over 400k social followers, with consistently strong on-chain governance participation. This grassroots support translates into network security and product market fit.

Volume & Liquidity

• Trading volumes consistently in the $250-$325M CAD range over the past quarter—a sign of enduring capital rotation and healthy liquidity.
• Deep order books on major exchanges (Binance, Coinbase, Bybit) ensure ample execution for institutional and retail demand alike.

Dominance & Positioning

• Now among the top 3 Layer 2s by DeFi TVL in Asia and top 10 globally.
• Rapidly narrowing the gap with larger, first-mover Layer 2s, suggesting ongoing re-rating potential.

Positive Catalysts & Perspectives

• Mantle v2 mainnet upgrade slated for Q1 2025—promises enhanced scalability, improved data availability, and better security guarantees.
• Expanding institutional integrations via mETH and new DeFi modules.
• Anticipated increased regulatory clarity in North America, coupled with ETPs and regulated staking products.
• Bridging initiatives with other modular chains can fuel further user growth and TVL gains.
• Maturing modular Layer 2 narrative, recognized as a key pillar for Ethereum’s future.

Investment Strategies (Short, Medium & Long Term)

Short-Term (0–6 months)

• Entry on technical pullbacks towards the robust $0.98 CAD support presents a compelling risk-reward setup.
• Short-term traders may seek momentum trades around the mainnet v2 upgrade announcement (expected late Q1 2025), as ecosystem newsflow often leads to front-run price reactions.
• Swing trading strategies can exploit the $1.12 CAD resistance/test for opportunistic profit-taking.

Medium-Term (6–24 months)

• Ongoing growth in TVL, DeFi and staking module adoption justifies active accumulation strategies ahead of large ecofund grants and developer milestones.
• Strong potential for re-rating, as Mantle continues to bridge the valuation gap with larger Layer 2 protocols.
• Medium-term positioning is well-supported by Mantle’s pipeline of protocol updates, new product launches (mETH, data sharding), and partnership announcements.

Long-Term (2–5 years)

• For visionary investors, Mantle’s modular design, expanding community, and DeFi/NFT adoption curves establish a credible blueprint for Layer 2 leadership by 2026–2028.
• Dollar-cost averaging through network cycles, or front-running institutional inflows linked to regulatory advancements, could optimize risk-adjusted returns.
• Holding through macro volatility—enabled by robust ecosystem and governance—amplifies Mantle’s long-term asymmetric upside.

Mantle Price Predictions Table

Is Now the Right Time to Consider Mantle?

Mantle stands out as a next-generation Layer 2 protocol, underpinned by strong adoption metrics, expanding developer activity, and a unique modular architecture. The combination of attractive relative valuation, robust liquidity, and innovative DeFi/NFT initiatives (such as mETH and the EcoFund) firmly justify renewed investor interest at this stage of the cycle. Technical signals point to a well-supported uptrend, while key ecosystem upgrades and partnerships are poised to act as major catalysts in the coming year.

Looking ahead, Mantle’s positive price projections, coupled with its accelerating market positioning, highlight substantial upside potential—whether for short-term tactics or a long-term, conviction-driven allocation. The strategic advantages and bullish momentum suggest that Mantle could well be entering a new growth phase within the Layer 2 and blockchain data landscape.

Mantle remains a high-volatility asset offering dynamic investment opportunities, warranting rigorous risk management. The current technical and fundamental configurations justify close attention from any investor seeking exposure to the next wave of decentralized infrastructure. Key technical levels to watch are $0.98 CAD as immediate support and $1.12 CAD as a major resistance. The upcoming protocol upgrade in Q1 2025 could serve as a defining catalyst for Mantle’s next leg up.

How to buy Mantle?

It’s easy and secure to buy Mantle cryptocurrency online through a regulated financial platform. Canadian investors typically have two main options: spot purchase (where you directly own Mantle tokens) and trading via crypto CFDs (where you speculate on Mantle’s price fluctuations without owning the coin). Both avenues are accessible and have their own benefits and risks. Below, you’ll find a breakdown of these investment methods, followed by a detailed side-by-side comparison of leading platforms, further down the page.

Spot Purchase

Spot buying Mantle means you become the actual owner of the coins, which are stored in your wallet—either on the platform or on your private wallet for extra security. Fees for spot transactions are typically a fixed commission per trade, deducted in Canadian dollars (CAD).

Example

Suppose Mantle trades at $1.50 CAD per coin. With an investment of $1,000 CAD, you could purchase about 660 Mantle coins, accounting for roughly $5 CAD in transaction fees.
✔️ Gain Scenario:
If Mantle’s price rises by 10%, your portfolio would be worth $1,100 CAD.
Result: a $100 CAD gross gain, or +10% on your initial investment.

Trading via CFD

Trading Mantle via Contracts for Difference (CFDs) does not result in real coin ownership. Instead, you take a position on Mantle’s price movement, either up or down. CFD trading fees include the “spread” (the difference between buy and sell prices) plus overnight funding fees when holding positions open for multiple days.

Example

You invest $1,000 CAD in a Mantle CFD with 5x leverage, giving you $5,000 CAD of market exposure.
✔️ Gain Scenario:
If Mantle’s price increases by 8%, your position gains 8% × 5 = 40%.
Result: a $400 CAD profit (before fees), on your initial $1,000 CAD outlay.

Final Guidance

Always compare the fees and platform conditions carefully before investing—costs and terms vary widely between providers. Your ideal choice depends on your investment goals and level of market experience. For an up-to-date comparison table to help you select the most suitable Mantle purchase method, see the comparison chart just below.

Our 7 tips for buying Mantle

The latest news from Mantle

Mantle partners with LayerZero Labs to enhance cross-chain interoperability and expand its ecosystem's reach. This week, Mantle announced an official partnership with LayerZero Labs, a well-regarded interoperability protocol, aiming to facilitate seamless communication across a variety of blockchain networks. The initiative will enable both Canadian users and local DeFi projects to more easily transfer assets between Mantle and other leading blockchains without depending on centralized bridges. This upgrade is expected to encourage innovative cross-chain applications and drive greater liquidity into the Mantle ecosystem, positioning it as a more attractive platform for both Canadian developers and institutional partners.

Mantle's liquid staking protocol records a 30% increase in total value locked (TVL), driven by growing institutional interest. Over the past week, Mantle's liquid staking solution has seen its TVL rise sharply, with particular activity reported from Canadian-based staking pools and entities. According to DefiLlama and official Mantle statements, this surge is attributed to improvements in protocol security and compliance features, attracting both sophisticated individual investors and Canadian asset managers seeking compliant blockchain exposure. This influx of capital signals mounting trust in Mantle’s staking infrastructure within Canada’s burgeoning digital asset sector.

Regulatory clarity advances for Mantle with new statements from Canadian authorities supporting responsible innovation and experimentation. The Canadian Securities Administrators (CSA) released updated guidance this week indicating a more receptive posture toward experimentation with compliant DeFi protocols, including Layer2 networks like Mantle. While not an endorsement, these clarifications have alleviated some previous regulatory uncertainty and have been welcomed by Mantle’s Canadian user base and ecosystem partners. Enhanced legal clarity is expected to foster greater institutional and retail participation in the Mantle ecosystem across Canada.

Mantle cements partnership with a prominent Canadian university for blockchain innovation and talent development. Mantle Foundation and the University of Toronto have formalized a collaboration to advance blockchain research, education, and entrepreneurial initiatives leveraging Mantle’s infrastructure. This collaboration is designed to provide Canadian students and researchers direct access to Mantle's technology stack, fostering innovation that could fuel Mantle’s adoption across enterprise and academic sectors in Canada. The partnership is anticipated to increase local developer engagement and generate high-impact dApps built on Mantle.

Mantle's MNT token listed on leading Canadian crypto exchanges, improving local access and legitimizing asset presence. Bitbuy and Coinsquare, two of Canada’s largest regulated digital asset platforms, have this week added Mantle’s native MNT token to their trading offerings. This move significantly eases fiat on-ramps for Canadian investors and signals increased trust from domestic exchanges. The listings are expected to enhance MNT’s liquidity, visibility, and adoption potential within the Canadian market, further reinforcing Mantle’s appeal among retail and institutional investors in the country.

FAQ

P. Laurore

Finance expert

Co-founder of HelloSafe and holder of a Master's degree in finance, Pauline has recognised expertise in personal finance, which she uses to help users better understand and optimise their financial choices. At HelloSafe, Pauline plays a key role in designing clear, educational content on savings, investments and personal finance. Passionate about financial education, Pauline strives, with every piece of content she oversees, to provide reliable, transparent and unbiased information for independent and informed financial management. To this end, she has tested over 100 trading platforms to help internet users make the right choices.