As the BNB Chain wave heats the meme coin market, Mantle (MNT) takes a different path of steady and sustainable growth.

In the past 24 hours, MNT surged over 20%, reaching a new all-time high (ATH) of $2.86, according to CoinGecko data, and quickly became the global spotlight for investors. This rally is not merely technical as it shows Mantle’s strong fundamentals and the growing confidence in its model.

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Strong Fundamentals

According to Mantle Network’s official update, MNT’s market capitalization has just surpassed $7.5 billion, doubling in only one month. After two days, it reached $8.9 billion, a rare growth pace for a top Layer-2 (L2) token.

L2 landscape. Source: CoinGecko

While the altcoin market remains heavily fragmented and capital flows into BNB Chain, MNT stands out with stable upward momentum, minimal downside volatility, and impressive price resilience after corrections.

Market data shows that MNT maintains strong volume and steady buying pressure even as other altcoins stagnate.

“It’s rare that you get a coin that moves insanely strongly to the upside and has very little downside volatility. Usually it’s one or the other. MNT is a perfect combination of a coin that doesn’t dump and still has huge +20% days,”

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Author: Linh Bùi

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