Bybit Crypto Insights Report: Mantle Network (MNT) hits all-time high: Unpacking its surge as it becomes the stablecoin of Bybit

MNT leads altcoin outperformance

Recently, Mantle Network’s token, MNT, surged to a new all-time high (ATH), marking a significant milestone in its trajectory. As a relatively new token (two years old), its outperformance since July 2025 and potential future movements are worth noting.

MNT price. Source: Bybit

MNT’s breakout above 1.41 to reach an ATH creates momentum for the token to reach new highs, as 1.40 represents the tops of the previous two cycles. The MACD Level (12, 26) has reached 0.84, and almost all moving averages ratios are pointing to a short-term bullish outlook for MNT.