Mantle in autumn 2026: tokenization instead of hype
Mantle (MNT) gained around 27 percent in September 2026, from 0.55 to 0.69 US dollars, with a monthly high of 0.72 US dollars on 26 September. The reason is measurable: according to Mantle, the network now hosts 1,473 tokenized assets, up from 71 at the start of the year, and the value of real-world assets distributed there rose to 476 million US dollars. On 28 September Bybit and Franklin Templeton announced the use of tokenized money market fund shares as trading collateral, settled via the Mantle network.
Far below the 2025 high
Despite the rise, MNT is far below its all-time high of around 2.88 US dollars from 9 October 2025 and below its start-of-year price of around 0.96 US dollars. The question is whether tokenization can bring the price back.
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Total value and sentiment of the market from our own charts. While the page is open, the values refresh at the pace of their source.
What is Mantle (MNT)?
Mantle is a network built on top of Ethereum that processes transactions more cheaply, a so-called layer 2. It is closely tied to the Bybit exchange, which integrates MNT into its products. Its ecosystem includes mETH for staked ether and fBTC for bitcoin. Of 6.22 billion MNT, around 3.30 billion are in circulation; the rest sits mainly in the project treasury.
Mantle key figures
| Metric | Value |
|---|---|
| Current price | $0.67761 |
| Market cap | $2,237,500,000 |
| Circulating supply | around 3.30 billion MNT (about 53 percent) |
| Total supply | around 6.22 billion MNT |
| All-time high | around $2.88 on 9 October 2025 (Bybit) |
| Tokenized assets on the network | 1,473 (Mantle, 25 September 2026) |
| Network | layer 2 on Ethereum |
What actually moves the Mantle price
Mantle positions itself as a network for tokenized real-world assets, from fund shares to bonds. For the price, what matters is whether this creates lasting activity and fees, and whether Bybit keeps using MNT as a key to its products. Our analysis Is Mantle a good buy at current prices? covers the chart.
Where this forecast could fail
Mantle competes with other layer 2 networks such as Arbitrum and Optimism for the same projects. The large treasury is a supply risk if it releases tokens into the market.
