Will Mantle (MNT) Price Rally Continue after 130% Monthly Upside?

Core Insights - Mantle (MNT) has experienced a significant price surge, reaching an all-time high of $2.84, with a monthly gain of 130% [1][2] - The rally is supported by strong bullish sentiment, evidenced by a 75% increase in daily trading volumes to $840 million and a 14.11% rise in futures open interest to $487 million [2][3] - Analysts maintain a positive outlook, with price targets suggesting further upside potential, including a target of $3.60 [4] Market Performance - MNT has outperformed other altcoins, including BNB, in terms of monthly returns [1] - The price surge is characterized by a textbook breakout from an ascending channel, maintaining support above the $1.90–$2.00 zone [3] - The trading volume accompanying the price increase indicates genuine upside momentum [3] Strategic Developments - Mantle's growth is driven by its expansion into real-world assets (RWA) and the introduction of Tokenization-as-a-Service (TaaS) [5] - The RWA market is currently valued at $26 billion, with projections of trillions by 2030, highlighting the demand for compliant asset tokenization [5] - The launch of the USD1 stablecoin, backed by World Liberty Financial, further supports Mantle's market position, with a market cap of $2.6 billion [5]