Latest Manta Network (MANTA) Price Analysis

Deep Dive

1. Staking Launch (Bullish Impact)

Overview: Manta Pacific activated native staking on October 28 via Symbiotic’s restaking protocol (Manta Network). Operators earn $MANTA for validating transactions, while delegators receive a share of rewards.
What this means: Staking reduces liquid supply (449M of 1B total tokens circulating) and incentivizes long-term holding. Initial rewards of 54,794 $MANTA every 3 days create buy pressure from delegators.
What to look out for: Participation rates – if staking uptake accelerates, supply squeeze could amplify gains.

2. Liquidity Partnership (Bullish Impact)

Overview: On August 15, Manta loaned 7.5M $MANTA (worth ~$855K at current prices) to Wintermute to enhance market-making (Manta Network).
What this means: Improved liquidity reduces slippage, attracting larger traders. The 70% 24h volume surge to $30.3M supports this, with turnover (volume/market cap) at 0.59 – signaling healthy activity.

3. Technical Breakout (Mixed Impact)

Overview: MANTA crossed above its 7-day SMA ($0.1026) and 30-day SMA ($0.1124), but remains below the 200-day EMA ($0.24). RSI14 at 47.08 suggests neutral momentum.
What this means: Short-term traders may interpret the SMA crossover as a bullish signal, but the 200-day EMA resistance at $0.24 looms. Fibonacci retracement levels indicate next resistance at $0.124 (23.6%).

Conclusion

MANTA’s rally reflects a mix of staking-driven supply dynamics, strategic liquidity upgrades, and technical momentum. While bullish in the near term, the token faces overhead resistance and remains 85% below its all-time high. Key watch: Can staking participation sustain as Symbiotic’s rewards phase progresses? Monitor daily staking inflows and the $0.12 resistance level for directional cues.

Deep Dive

1. Liquidity Partnership Concerns (Bearish Impact)

Overview: On 15 August 2025, Manta Network loaned 7.5M MANTA (≈$804K at current prices) to Wintermute for liquidity provisioning. While intended to improve market depth, traders interpreted the unlocked tokens as potential sell-side risk.

What this means: The loan’s structure (repayable, not a grant) doesn’t guarantee selling, but the timing coincided with a -80.9% drop in MANTA’s 24h trading volume. Thin liquidity amplified downside volatility as bids evaporated.

What to watch: On-chain tracking of Wintermute’s wallet for unusual transfers.

2. Technical Breakdown (Bearish Impact)

Overview: MANTA broke below its 30-day SMA ($0.1125) and failed to reclaim the 23.6% Fibonacci retracement level ($0.155). The RSI-14 at 45.49 signals weakening momentum.

What this means: The price rejection at $0.12 aligns with historical resistance (May-June 2025). With the MACD histogram barely positive (+0.0028), bulls lack conviction to reverse the 90-day -55% trend.

Key level: A close below $0.10 (July 2025 swing low) could trigger panic selling.

3. Altcoin Sentiment Erosion (Bearish Impact)

Overview: Crypto’s Altcoin Season Index sits at 30/100 (neutral), with Bitcoin dominance rising to 59.24%. MANTA’s 24h volume plummeted 80.9% to $17.9M, reflecting dwindling speculative interest.

What this means: Traders are favoring “safe” assets like BTC amid a fear-driven market (CMC Fear & Greed Index: 24/100). Layer-2 projects like MANTA face headwinds as Ethereum’s dominance also slips (-11.94% vs. June 2025).

Conclusion

MANTA’s drop reflects project-specific risks (token unlocks) and sector-wide apathy toward mid-cap alts. While its Symbiotic staking mainnet (launched 28 October) adds long-term utility, traders are pricing in near-term liquidity risks.

Key watch: Can MANTA stabilize above the 30-day SMA ($0.1125) if BTC holds $150K support? Monitor Wintermute’s wallet activity for clarity on sell pressure.