Bybit Spotlight: Mantle (MNT) Surges 35% to New All-Time High - $3 Target in Sight
On October 14, 2025, Mantle (MNT) demonstrated extraordinary bullish momentum on Bybit and other major exchanges, skyrocketing 35% within 24 hours to reclaim the $2.20 level. This impressive surge comes after a brief weekend correction that saw MNT dip to $1.50, highlighting the token's remarkable resilience and strong buyer confidence. The current rally marks a significant recovery from last week's sharp pullback from record highs, with technical indicators suggesting bulls are firmly back in control. While MNT still trades slightly below its previous all-time high range of $2.84-$2.86, the velocity and strength of this rebound indicate substantial institutional and retail interest converging on the Bybit platform. Market analysts are closely watching whether this renewed momentum can propel MNT beyond the psychologically important $3.00 barrier, which would represent a major milestone for the ecosystem. The trading volume surge on Bybit particularly underscores growing institutional confidence in Mantle's underlying technology and market positioning. This dramatic price action occurs amid broader positive sentiment in the cryptocurrency sector, with Mantle emerging as one of the standout performers across major exchanges. The token's ability to swiftly recover from recent losses demonstrates robust fundamental support and suggests the current bullish trend may have staying power beyond short-term speculation.
Mantle (MNT) Hits New All-Time High After 35% Daily Jump, Can Momentum Push Beyond $3?
Mantle (MNT) has reignited its bullish momentum, surging 30% in the past 24 hours to reclaim the $2.20 level after dipping as low as $1.50 over the weekend. The swift rebound underscores renewed buyer confidence following last week’s sharp correction from record highs.
While MNT remains below its $2.84–$2.86 all-time high, the strong recovery suggests bulls are regaining control, potentially setting the stage for another push toward the upper range if momentum holds.
Spot activity exploded, with daily trading volume up more than 60% to about $1.2 billion, while futures open interest climbed 9% to $269.7 million, a signal that speculative demand is accelerating alongside spot buying.
Beyond the chart, Mantle’s rally is grounded in clear catalysts. The network’s Tokenization-as-a-Service (TaaS) stack is pulling real-world asset issuers on-chain, while the launch of USD1, a new stablecoin building on Mantle, is injecting fresh liquidity and utility into its DeFi rails.
Distribution is another edge: Mantle’s deepening Bybit integration—spanning treasury programs, listings, and roadmap alignment—is funneling sustained order flow, not just one-off hype.
Analysts highlight Mantle’s modular design, which leverages execution on Mantle with EigenDA for data availability and OP-stack upgrades to lower costs and improve throughput.
Bybit Lists ENSO Among First Major Exchanges, Launches Dual Reward Campaigns
Bybit has positioned itself as an early adopter by listing Enso (ENSO), a multi-chain DeFi execution layer, alongside the launch of two incentive programs totaling 600,000 ENSO tokens. Trading commenced on October 14, 2025, with support for both ethereum and BSC networks, including spot Grid Bot functionality from day one.
The exchange unveiled a 350,000 ENSO 'Token Splash' for users completing basic tasks, while a 250,000 ENSO Launchpool allows staking across three pools (ENSO, MNT, BBSOL) until October 27. VIP participants benefit from elevated reward ceilings, underscoring Bybit's push for institutional-grade DeFi participation.
Enso's protocol aims to streamline cross-chain DeFi operations, though technical details remain truncated in the announcement. The campaigns adhere to standard regional restrictions, reflecting crypto exchanges' growing emphasis on compliant incentive structures.
