Foreign media reports that Mantle's expansion on the blockchain over the past two years has become difficult for the market to ignore. However, whether these fundamental changes can continue to affect token prices still depends on whether MNT can break through the current key resistance zone.
Mainnet address has reached 7.7 million
As of August 2026, the number of independent addresses for Mantle Mainnet has risen from 697,000 in January 2024 to 7.7 million. Meanwhile, Mantle has disclosed that the total value of its network assets has exceeded 800 million US dollars, with an increase of 54% within the year.
The article mentions that these assets are distributed across six categories, covering tokenized stocks, stablecoins, and other areas, indicating that Mantle is extending its business reach to a broader range of blockchain-based financial scenarios.
The price remains below the resistance level.
However, the strengthening of on-chain data did not immediately lead to a price breakthrough. MNT has been rebounding since early August; previously, in July, it tested the demand range of $0.39 to $0.43, and then it recovered along with the overall improvement in the sentiment of the crypto market.
Currently, MNT is encountering significant resistance around $0.5585. The article suggests that if this level suppresses prices again, MNT could fall back and retest the range of $0.39 to $0.43.
$0.60 becomes the next hurdle
If MNT can effectively hold at $0.5585, the market will then focus on the vicinity of $0.60, which is the level of EMA over the past 200 days. The article suggests that this level will become the next significant resistance.
In a more optimistic scenario, if the price continuously breaks through the levels of $0.5585 and $0.60, the subsequent resistance zones will move up to $0.70 and $0.85.
Overall, the address growth and expansion of asset scale of Mantle have provided stronger fundamental support for MNT. However, whether the price can convert this growth into more sustained buying interest remains the focus of the market's short-term attention.
