What is Mantle? MNT Price Prediction 2023, 2024, 2025 to 2030
Mantle Network, a revolutionary technology stack designed to bolster Ethereum’s scalability while maintaining compatibility with the Ethereum Virtual Machine (EVM). This innovation allows Ethereum’s contracts and tools to seamlessly transition to Mantle with minimal adjustments, fostering an environment of innovation and cost-efficiency for developers. Built as a Layer-2 scaling solution on Ethereum, Mantle stands out for its modular architecture, combining an optimistic rollup protocol with pioneering data availability solutions. But what truly sets it apart is its dynamic approach to blockchain scalability and its dual-purpose Mantle Token (MNT), offering governance rights and utility within the ecosystem.
Let’s dive deeper into Mantle and explore its tokenomics, governance, and price predictions.
What we are going to learn?
About MNT
| Name | Mantle |
| Token | MNT |
| Price (as of 4 September 2023) | $0.41 |
| Circulating Supply | 3,234,382,071 MNT |
| Total Value Locked (TVL) | $36.44m |
| Total Supply | 6,219,316,795 MNT |
| Max. Supply | 6,219,316,768 MNT |
| Circulating market cap |
$2,782,969,275 |
| Fully diluted market cap |
$2,782,969,275 |
| Website | Click here |
| Whitepaper | Click here |
| ATH | $0.600075 |
| ATL | $0.416125 |
What is Mantle?
Mantle Network is a groundbreaking technology stack designed to enhance the scalability of Ethereum while preserving EVM compatibility. This means that all Ethereum contracts and tools can be employed on Mantle Network with minimal adjustments, fostering innovation and offering developers an efficient, cost-effective environment. Mantle’s foundation lies in a modular architecture, uniting an optimistic rollup protocol with pioneering data availability solutions. This unique combination grants Mantle Network its security, while simultaneously providing more affordable and accessible data availability.
At its core, Mantle Network operates as a Layer-2 (L2) scaling solution built upon Ethereum. Validator nodes gather user transactions, compiling them into “compressed blocks” on Ethereum, effectively reducing gas fees and enhancing transaction throughput. Mantle Network’s advantages extend to both developers and users, providing a familiar environment for smart contract development and offering significantly lower gas fees and improved transaction speed compared to Ethereum’s Layer-1.
Mantle Network stands out for its distinct modular design, with the separation of transaction execution, consensus, settlement, and storage processes. By functioning as a Smart Contract Rollup with modular data availability, Mantle offers a dynamic approach to blockchain scalability.
What is Mantle Token (MNT)?
The Mantle Token (MNT) serves a dual purpose within the Mantle Ecosystem, acting as both a governance and utility token. This versatile token bestows voting rights upon holders, enabling active participation in decentralized autonomous organization (DAO) decisions. MNT ensures a decentralized approach to shape Mantle’s future.
Beyond governance, MNT serves as a utility token. It is utilized for covering gas fees on the Mantle Network, facilitating transactions and operations within the ecosystem. Moreover, MNT tokens can be employed as collateral assets by Mantle Network nodes, incentivizing their participation and contributing to network security and stability.
MNT is an ERC-20 token, providing it with functionality similar to other Layer-2 blockchain tokens. While advanced token features reside on Layer-1, the Layer-2 version is a standard bridge-wrapped ERC-20 token. It’s worth noting that as the Mantle Ecosystem evolves, token governance and utility features may adapt to meet the project’s changing needs.
MNT Current Statistics
- Mantle token stands at $0.42, as of 7th September 2023, which is somewhat higher than its All Time Low (ATL) of $0.416125.
- The price of MNT is currently in downtrend.
- The market is expected to be bearish for the rest of the year.
- It has 5,933 onchain holders in Ethereum blockchain.
Benefits of Trading in MNT
Trading in Mantle Token (MNT) offers various advantages within the Mantle Ecosystem:
Governance Participation: Mantle Network’s governance process involves the community through off-chain mechanisms. Community members and core contributors initiate discussions and proposals, ensuring decentralized and community-driven decision-making .MNT provides voting rights, allowing active involvement in DAO decisions. This ensures empowering the community to shape the ecosystem’s future.
Utility for Transactions: MNT serves as a utility token, covering gas fees for efficient transactions. This facilitates seamless interactions within the ecosystem, reducing transaction costs for users.
Collateral for Node Operators: MNT tokens can be used as collateral assets by Mantle Network nodes, incentivizing their participation. This enhances network security and stability, contributing to a robust ecosystem.
Investment Potential: Holding MNT exposes individuals to the growth and success of the Mantle Ecosystem. As the ecosystem evolves, the value and utility of MNT may increase, offering potential investment opportunities.
Layer-2 Scalability on Ethereum: Built as a Layer-2 (L2) solution on Ethereum, Mantle inherits Ethereum’s security and consensus protocol. This grants it advantages like canonical bridging without relying on third-party bridges for enhanced security.
Modular Architecture: Mantle Network employs a modular approach, separating transaction execution, consensus, settlement, and storage into distinct modules. This architecture enhances scalability, achieving higher transaction throughput while lowering gas fees for users.
Improved User Experience: Users enjoy significantly reduced gas fees on Mantle Network compared to Ethereum’s Layer-1. Additionally, faster transaction confirmation times offer a more efficient environment for transactions and smart contract interactions.
Tokenomics and Distribution of MNT
The tokenomics and distribution of Mantle Token (MNT) are essential aspects of the Mantle Ecosystem. As of the 2023-07-07 snapshot, the initial distribution of MNT tokens was divided into two key categories.
Firstly, the Mantle Treasury held 49% of the total token supply, amounting to 3,046,328,614 MNT. The allocation of tokens within the Mantle Treasury encompasses DAO-governed core holdings, undistributed MNT tokens, and DAO-owned liquidity positions like MNT:ETH LP pairs. It’s important to note that tokens held in the Mantle Treasury are considered “not in circulation” and are subject to the Mantle Governance process for distribution.
The remaining 51% of the total token supply, equivalent to 3,172,988,154 MNT, falls under the category of “Circulating.” These tokens are not subject to vesting or distribution restrictions and are available for trading and use within the ecosystem.
It’s crucial to emphasize that the distribution of MNT tokens from the Mantle Treasury is contingent on the Mantle Governance process, which adheres to strict procedures for budgeting, capital calls, and distribution. The primary categories anticipated for token distribution include User Incentives, Technology Partner Incentives, Core Contributor Team and Advisors, and Other Opportunities, each contributing to the ecosystem’s growth and development.
Mantle Governance
Mantle Governance embodies an inclusive, community-driven decision-making process. The governance framework primarily follows an off-chain model where discussions and proposals are initiated by the Mantle core contributor team or community members. These proposals are then introduced to the broader Mantle community through forum discussions, promoting transparency and inclusivity.
The governance process consists of several stages. Discussions are first introduced as “soft proposals” or discussions on the Mantle Discourse forum. These discussions serve as a temperature test to gauge community sentiment but do not guarantee implementation. After garnering interest and positive sentiment, proposals progress into formal proposals known as Mantle Improvement Proposals (MIPs).
The heart of the governance process is the voting mechanism, where $MNT token holders exercise their voting rights. Delegated voting is enabled, requiring token holders to delegate their voting rights before participating. Vote weight is calculated based on the number of delegated $MNT tokens.
Key parameters, such as the proposal threshold, vote duration, and quorum, are defined to ensure an effective governance process. The Mantle Treasury plays a central role in budget allocation, with various categories of distribution subject to the governance process.
The Mantle Governance process prioritizes decentralization and adaptability, allowing the community to actively shape the future of the Mantle Ecosystem.
Mantle Token (MNT) Price Prediction 2023
| When | Maximum Price | Minimum Price |
| September 2023 | $0.51 | $0.37 |
| October 2023 | $0.45 | $0.37 |
| November 2023 | $0.37 | $0.31 |
| December 2023 | $0.29 | $0.24 |
As of 4 September 2023, MNT stands at $0.4475.
The price predictions for Mantle’s MNT token suggest a gradual decline in its value from September to December 2023. In September, the token is expected to have a maximum price of $0.51 and a minimum of $0.37. This indicates a potential decrease of approximately 27.5% from the maximum to the minimum price within the month. Moving into October, the maximum price is predicted to drop to $0.45, while the minimum price remains at $0.37. This represents a relatively stable period with a 17.8% price decrease from the highest point in September. Mantle Network is designed to maintain Ethereum Virtual Machine (EVM) compatibility, allowing existing Ethereum contracts and tools to function on the network with minimal adjustments.
November shows a further decline, with the maximum price reaching $0.37 and the minimum price at $0.31. This month sees a decrease of approximately 16.2% in the token’s value compared to October. By December, the MNT token’s value is expected to decrease even further, with a maximum price of $0.29 and a minimum of $0.24. This suggests a decline of around 21.7% in December compared to November.
MNT Price Prediction 2024
| When | Maximum Price | Minimum Price |
| January 2024 | $0.28 | $0.23 |
| February 2024 | $0.31 | $0.26 |
| March 2024 | $0.27 | $0.22 |
| April 2024 | $0.22 | $0.18 |
| May 2024 | $0.20 | $0.17 |
| June 2024 | $0.24 | $0.20 |
| July 2024 | $0.29 | $0.24 |
| August 2024 | $0.33 | $0.27 |
| September 2024 | $0.36 | $0.30 |
| October 2024 | $0.42 | $0.35 |
| November 2024 | $0.52 | $0.44 |
| December 2024 | $0.63 | $0.52 |
In 2024, Mantle’s MNT token prices are expected to exhibit various trends. January may see prices ranging from $0.28 to $0.23. February is projected to have a maximum of $0.31 and a minimum of $0.26. March could bring prices between $0.27 and $0.22 . As we move into April and May, the token’s value is likely to decline, with a minimum of $0.17 in May, down nearly 30% from the year’s start.
June may initiate a modest recovery with a maximum price of $0.24, while the minimum remains at $0.20. From July onwards, a gradual upward trend is expected, reaching a maximum of $0.63 and a minimum of $0.52 in December. This trend suggests potential investment opportunities as the year progresses.
MNT Price Prediction 2025
| When | Maximum Price | Minimum Price |
| January 2025 | $0.69 | $0.56 |
| February 2025 | $0.73 | $0.52 |
| March 2025 | $0.91 | $0.73 |
| April 2025 | $1.08 | $0.77 |
| May 2025 | $1.18 | $0.95 |
| June 2025 | $1.41 | $1.01 |
| July 2025 | $1.39 | $1.12 |
| August 2025 | $1.66 | $1.19 |
| September 2025 | $2.08 | $1.68 |
| October 2025 | $2.60 | $1.86 |
| November 2025 | $3.25 | $2.62 |
| December 2025 | $3.73 | $2.67 |
In 2025, Mantle’s MNT token is anticipated to show significant growth. Starting the year in January with a maximum price of $0.69 and a minimum of $0.56, the token’s value is set to rise consistently. By December, the maximum price is expected to reach $3.73, marking an impressive increase of over 440% throughout the year. This bullish trend suggests the potential for substantial returns on investment for Mantle token holders in 2025.
MNT Price Prediction 2026
| When | Maximum Price | Minimum Price |
| January 2026 | $4.48 | $3.61 |
| February 2026 | $3.58 | $2.56 |
| March 2026 | $2.76 | $2.22 |
| April 2026 | $2.07 | $1.48 |
| May 2026 | $1.53 | $1.23 |
| June 2026 | $1.18 | $0.84 |
| July 2026 | $0.94 | $0.76 |
| August 2026 | $0.73 | $0.52 |
| September 2026 | $0.91 | $0.74 |
| October 2026 | $1.14 | $0.81 |
| November 2026 | $1.25 | $1.01 |
| December 2026 | $1.41 | $1.00 |
In 2026, Mantle’s MNT token is predicted to start strong at $4.48 in January, gradually declining month by month to reach $1.41 by December, representing a 68% decrease over the year. These fluctuations could be influenced by market dynamics and adoption trends.
MNT Price Prediction 2027
| When | Maximum Price | Minimum Price |
| January 2027 | $1.69 | $1.36 |
| February 2027 | $1.35 | $0.96 |
| March 2027 | $1.04 | $0.84 |
| April 2027 | $0.88 | $0.63 |
| May 2027 | $0.74 | $0.60 |
| June 2027 | $0.57 | $0.41 |
| July 2027 | $0.46 | $0.37 |
| August 2027 | $0.35 | $0.25 |
| September 2027 | $0.44 | $0.36 |
| October 2027 | $0.55 | $0.39 |
| November 2027 | $0.61 | $0.49 |
| December 2027 | $0.68 | $0.49 |
In 2027, the MNT token is expected to exhibit fluctuations, starting at $1.69 in January and ending at $0.68 in December. This represents a 59% decrease in price over the course of the year, reflecting potential market dynamics and adoption trends.
MNT Price Prediction 2028-2030
| When | Maximum Price | Minimum Price |
| January 2028 | $0.82 | $0.66 |
| February 2028 | $0.65 | $0.47 |
| March 2028 | $0.59 | $0.48 |
| April 2028 | $0.50 | $0.36 |
| May 2028 | $0.42 | $0.34 |
| June 2028 | $0.39 | $0.28 |
| July 2028 | $0.48 | $0.39 |
| August 2028 | $0.62 | $0.44 |
| September 2028 | $0.78 | $0.63 |
| October 2028 | $0.97 | $0.69 |
| November 2028 | $1.07 | $0.86 |
| December 2028 | $1.20 | $0.85 |
| January 2029 | $0.83 | $0.67 |
| February 2029 | $0.97 | $0.69 |
| March 2029 | $1.21 | $0.98 |
| April 2029 | $1.45 | $1.03 |
| May 2029 | $1.57 | $1.27 |
| June 2029 | $1.89 | $1.35 |
| July 2029 | $1.80 | $1.45 |
| August 2029 | $1.50 | $1.07 |
| September 2029 | $1.87 | $1.51 |
| October 2029 | $2.34 | $1.67 |
| November 2029 | $2.57 | $2.07 |
| December 2029 | $2.88 | $2.06 |
| January 2030 | $2.81 | $2.26 |
| February 2030 | $3.37 | $2.40 |
| March 2030 | $3.21 | $2.59 |
| April 2030 | $2.67 | $1.91 |
| May 2030 | $3.34 | $2.69 |
| June 2030 | $4.17 | $2.98 |
| July 2030 | $4.59 | $3.70 |
| August 2030 | $5.14 | $3.67 |
| September 2030 | $5.01 | $4.04 |
| October 2030 | $6.01 | $4.29 |
| November 2030 | $5.72 | $4.62 |
| December 2030 | $4.77 | $3.41 |
Over the course of 2028-2030, MNT is projected to experience price fluctuations. Starting at $0.82 in January 2028 and reaching $4.77 in December 2030, it’s expected to exhibit significant price growth. While it may face periodic drops, this period reflects an overall positive trend, with a potential 482% increase in value over these three years. Investors should be prepared for volatility but could benefit from long-term investment strategies.
MNT Price Prediction Summary 2026-2030 in USD
| When | Maximum Price | Minimum Price |
| 2026 | $1.87 | $1.04 |
| 2027 | $1.49 | $0.83 |
| 2028 | $1.94 | $1.08 |
| 2029 | $5.82 | $3.24 |
| 2030 | $11.65 | $7.77 |
FAQs about Mantle and MNT
What is the Price Prediction for MNT in 2025?
MNT’s price predictions for 2025 indicate a steady upward trend, starting at $0.69 in January and potentially reaching $3.73 by December. Investors may witness substantial growth during this period but should remain mindful of market fluctuations.
What is the Price Prediction for MNT in 2030?
In January 2030, MNT is expected to start at $2.81 and may reach $6.01 by October 2030, with potential fluctuations along the way. Investors should prepare for price volatility during this period.
How much will MNT be in 5 years?
Between January and December 2028, MNT is expected to show varying prices, ranging from $0.28 to $1.20, with some fluctuations in between. Investors should anticipate potential volatility during this period.
How secure is Mantle Network compared to Ethereum?
Mantle Network leverages Ethereum’s security and consensus protocol while offering enhanced data availability solutions, making it secure and efficient.
What is the primary use of MNT tokens within the Mantle Network ecosystem?
MNT tokens primarily serve as a means to participate in governance decisions and pay for transaction fees on Mantle Network. MNT tokens also serve as utility tokens, covering smart contract interactions within Mantle Network.
How does MNT differ from other cryptocurrencies?
MNT distinguishes itself by offering governance participation, utility for transactions, and collateral for node operators. It’s built on Ethereum for security and employs a modular architecture for scalability.
Is Mantle Network compatible with Ethereum’s smart contract development tools and languages?
Yes, Mantle Network is compatible with Ethereum’s smart contract development tools, including Truffle, Hardhat, Remix, Solidity, Vyper, and more.
What happens to MNT tokens held in the Mantle Treasury?
MNT tokens held in the Mantle Treasury are intended for various ecosystem initiatives, including user incentives and technology partnerships.
Conclusion: Is Mantle a good investment?
Based on the price predictions and trends provided for Mantle (MNT) from 2023 to 2030, it’s important to note that investing in MNT comes with both potential opportunities and risks.
In the short term, from 2023 to 2026, Mantle is expected to experience a mix of price fluctuations, with periods of both growth and decline. These fluctuations are common in the cryptocurrency market and can be influenced by various factors, including market sentiment, adoption, and overall economic conditions.
From 2027 onwards, Mantle’s price predictions suggest a prolonged period of decline, with occasional fluctuations. This may raise concerns for short-term investors looking for quick returns. However, for long-term investors with a more patient approach, Mantle shows potential. While there are periods of decline, the long-term trend indicates significant growth from 2025 to 2030, with the maximum price potentially reaching as high as $6.01 to $11.65 by the end of 2030. This indicates that Mantle could provide substantial returns for those willing to hold their investments for an extended period.
In conclusion, Mantle shows potential for long-term investors, but it’s essential to approach cryptocurrency investments with caution, diversify your portfolio, and stay informed about market dynamics and project developments to make informed decisions about its future as an investment.
