Mantle has set a new record of $1.67 per token, increasing trading volume to $711 million. The project shows active growth in its ecosystem and rising user interest.
New Record Achievement
On September 11, 2025, Mantle reached a new record at a price of $1.67, made possible by strong market dynamics. At the time of writing, the token trades at $1.61 with a daily gain of 12.39%. The project's market capitalization stands at $5.26 billion, while the fully diluted valuation has reached $10.05 billion. The trading volume over 24 hours was $711 million, representing a 25.99% increase in activity.
Ecosystem Growth and Capital Support
Mantle is strengthening its ecosystem through vertical integration and the 'Blockchain for Banking' narrative. The market cap of its stablecoin rose by 3% quarter-over-quarter to $483.3 million. The DeFi backbone of Mantle is represented by the mETH and FunctionBTC protocols, with a total locked value exceeding $2.4 billion. A $2.3 billion treasury and a $200 million ecosystem fund further support this growth.
Social Activity and On-Chain Growth
Mantle's rally coincided with rising social dominance, climbing from 0.05% on September 7 to 0.34% on September 11. On-chain activity also jumped over 300% during the same period. The 'MNT x Bybit 2.0' roadmap expanded Mantle's role across payments, staking, and trading participation. These integrations strengthened utility and created new passive income opportunities for users. Competing ecosystems are also advancing, such as Cardano developers focusing on interoperability, governance, and scalability upgrades.
The strong community momentum of Mantle, combined with network growth and ecosystem expansion, underscores its increasing influence in the Layer-2 market.