Latest Mantle (MNT) News Update

By CMC AI
24 October 2026 12:34AM (UTC+0)

What is the latest news on MNT?

TLDR

Mantle's news reflects a steady focus on institutional real-world assets and cross-chain expansion, even as broader market conditions remain challenging. Here are the latest updates:

  1. Ethereum Postpones Hoodi Testnet Activation (23 October 2026) – Mantle's Elysium upgrade is positioned ahead of Ethereum's rollout, showcasing its independent infrastructure development.

  2. Berkshire Hathaway Invests in Bending Spoons (22 October 2026) – The Italian tech firm's shares are tokenized on Mantle, linking traditional finance capital to the network.

  3. Bybit Plans mStocks With Mantle Integration (13 October 2026) – The partnership aims to launch a 24/7 tokenized stock product, deepening Mantle's role in CeDeFi.

Deep Dive

1. Ethereum Postpones Hoodi Testnet Activation (23 October 2026)

Overview: Ethereum developers postponed the Glamsterdam upgrade's activation on the Hoodi testnet, withdrawing the October 26 date to investigate EIP-8037. Ahead of this, Mantle announced its Elysium upgrade would come to Hoodi, designed to keep its Layer 2 operations stable through Ethereum's Layer 1 changes. What this means: This is neutral for Mantle because it highlights the network's proactive development and technical independence from Ethereum's schedule. While the delay isn't Mantle-specific, its early preparation could position it as a stable choice for developers during Ethereum transitions. (TokenPost)

2. Berkshire Hathaway Invests in Bending Spoons (22 October 2026)

Overview: Berkshire Hathaway invested an additional $330 million in Milan-based Bending Spoons, a firm that acquires and transforms digital brands. Following its July 2026 IPO, Bending Spoons' shares received a tokenized representation on the Mantle blockchain. What this means: This is bullish for Mantle as it directly ties a high-profile, traditional finance investment to an asset living on its network. It validates Mantle's infrastructure for tokenizing real-world equity and could attract further institutional interest. (CoinMarketCap)

3. Bybit Plans mStocks With Mantle Integration (13 October 2026)

Overview: Bybit CEO Ben Zhou announced plans to launch "mStocks," a tokenized stock product developed with Mantle. It will feature 24/7 two-way conversion and connect to Mantle's decentralized exchange liquidity pools. What this means: This is bullish for Mantle as it strengthens the core Bybit partnership and expands the utility of the MNT ecosystem into regulated, traditional assets. It represents a concrete step in building the CeDeFi flywheel, potentially driving new user activity and fee revenue. (TokenPost)

Conclusion

Mantle's trajectory is being shaped by deepening institutional partnerships and a clear focus on becoming a distribution layer for tokenized real-world assets, even amid a muted broader market. Will the upcoming rollout of products like mStocks translate into sustained on-chain growth and demand for MNT?

What are people saying about MNT?

TLDR

Mantle's community is cautiously optimistic, balancing its deep treasury and Bybit integration against concerns about sustainable demand. Here’s what’s trending:

  1. Analysts highlight MNT's resilience amid broader L2 weakness, citing key support and integration with Bybit's regulated services.

  2. A deep dive questions MNT's economic gravity, arguing the treasury's strength hasn't yet translated into persistent on-chain demand.

  3. Recent on-chain activity shows selling pressure, with a wallet linked to a core contributor depositing tokens to Bybit, likely to sell.

  4. News of new tokenized products with Bybit and Franklin Templeton fuels the long-term CeDeFi narrative.

  5. Technical momentum is weak but recovering, with price holding above major moving averages but facing resistance near $0.55.

Deep Dive

1. @ansemstealth: MNT's resilience and Bybit integration bullish

“$MNT is showcasing serious resilience at $0.6374, largely ignoring the double-digit drops hitting other L2s as it integrates with Bybit’s new regulated Private Wealth Management. Consolidation above the $0.61 level remains bullish, especially with the Mantle-Aave deployment surpassing $800M in total market size. A breakout over $0.67 could trigger a swift move toward $0.75.” – @ansemstealth (46.2K followers · 28 Feb 2026 23:12 UTC) View original post

What this means: This is bullish for MNT because it frames the token as uniquely stable during sector-wide stress, underpinned by a high-value real-world use case (institutional asset management) via Bybit. Holding above $0.61 suggests accumulation before a potential technical breakout.

2. @BullBrezza: A critical look at MNT's economic gravity bearish

“Mantle ($MNT) trades at roughly $0.66, down 77% from its all-time high. It appears bullish with a $2.7B treasury, $550M+ of stablecoins, Bybit distribution, and an RWA/tokenized-stock initiative. However, about 75% of the treasury is MNT tokens themselves, not deployable cash. The actual DeFi TVL on Mantle is around $96M... MNT holders don’t capture meaningful economics—there’s no buyback, burn, or fee switch.” – @BullBrezza (3K followers · 24 Sep 2026 09:04 UTC) View original post

What this means: This is bearish for MNT because it argues the project’s massive perceived treasury ($2.7B) is largely illiquid (held in MNT), and the chain lacks a direct value-accrual mechanism for token holders, making its current price reliant on narrative rather than captured cash flow.

3. @Nazo_ku: On-chain selling pressure from internal wallet bearish

“Wallet 0x49A deposited nearly 250k $MNT worth $135.24k to Bybit, likely to sell. Tracing the onchain footprint, this wallet is linked to [Mantle: Core Contributor Budget] through multiple intermediary wallets, suggesting that this could be an internal wallet selling $MNT. $MNT is down more than 5% today and is currently trading at $0.5377!” – @Nazo_ku (13.4K followers · 1 Sep 2026 16:55 UTC) View original post

What this means: This is bearish for MNT because it indicates selling pressure originating from a wallet linked to the project’s own budget, which can undermine investor confidence and add immediate downward pressure on the price.

4. @TokenPost: New tokenized fund collateral and product pipeline bullish

“Franklin Templeton partners with Bybit to enable institutional clients to use tokenized Benji fund shares as collateral for crypto trading without liquidation... The partnership includes plans for a wallet-integrated tokenized solution leveraging the Mantle network.” – TokenPost (28 Sep 2026) View original post

What this means: This is bullish for MNT because it demonstrates serious institutional adoption and utility, directly linking MNT’s ecosystem to regulated, large-scale traditional finance, which can drive long-term demand and legitimacy.

5. @get-crypto-technical-analysis: Technical momentum weak but stabilizing neutral

The 7-day RSI is 35.95 and the 14-day RSI is 38.69, indicating neither overbought nor oversold conditions but leaning toward weakness. The MACD histogram is negative but small (-0.0013), suggesting bearish momentum is fading. Price is currently above the 30-day EMA ($0.5667). – Technical Analysis (24 Oct 2026)

What this means: This is neutral for MNT in the short term. The weak RSI suggests a lack of strong buying momentum, but the flattening MACD indicates the recent downtrend may be exhausting, setting up for potential consolidation or a reversal if fundamental catalysts emerge.

Conclusion

The consensus on MNT is cautiously optimistic but mixed. The bullish case rests on its formidable treasury, deepening integration with Bybit’s regulated services, and a growing pipeline for tokenized real-world assets – a narrative that positions it as a leading CeDeFi infrastructure play. However, skeptics point out that much of the treasury's value is locked in MNT itself, and on-chain demand remains modest relative to its valuation, creating a gap between perception and sustainable economic activity. The immediate technical battle at $0.55 resistance will be a key near-term indicator of whether the recent accumulation phase can convert into a meaningful uptrend. Watch for sustained daily closes above this level to confirm a shift in momentum.

What is the latest update in MNT’s codebase?

TLDR

Mantle's core codebase recently focused on performance tuning, security hardening, and developer tooling.

  1. Performance & Security Patch (16 August 2023) – Optimized rollup service and data layer, plus numerous security fixes from audits.

  2. Data Layer & SDK Enhancements (3 August 2023) – Improved synchronization speed and SDK compatibility for developers.

  3. Data Availability & Tooling Upgrades (10 July 2023) – Refined node staking checks and fixed data synchronization bugs.

Deep Dive

1. Performance & Security Patch (16 August 2023)

Overview: This update enhances the network's reliability and security for users. It makes the system more stable and efficient behind the scenes.

The release, version 0.4.3, delivered broad optimizations and critical fixes. Key improvements include separating L1 and L2 process execution in the Data Transport Layer (DTL) to speed up data synchronization. The rollup service, mt-batcher, and da-retriever received log and code optimizations for smoother operation. On the security front, the update addressed a significant number of issues from ConsenSys and internal audits, including fixing JWT secret key handling, nonce overflow vulnerabilities, and panic errors during traceCall operations. It also cleaned up unused contracts and improved the gas oracle's metric accuracy.

What this means: This is bullish for $MNT because it makes the network more robust and secure for everyday transactions and complex DeFi applications. Users benefit from a more stable platform with fewer potential disruptions or security risks.

(Releases · mantlenetworkio/mantle)

2. Data Layer & SDK Enhancements (3 August 2023)

Overview: This patch makes developer tools more reliable and improves how the network handles data, leading to a better overall experience.

Contained within the 0.4.3 changelog, this set of changes specifically optimized the DTL's performance by separating the processing times for L1 and L2 data, which can reduce latency. The SDK was updated to ensure better compatibility when bridging assets across different networks by aligning with the correct chain ID. Furthermore, it introduced a passphrase protection for seed generation and fixed several unhandled errors, strengthening the network's foundational security.

What this means: This is neutral to bullish for $MNT. While everyday users may not notice a direct change, developers gain better tools to build applications, which can lead to more innovation and utility on Mantle in the long run.

(mantle/CHANGELOG.md at main)

3. Data Availability & Tooling Upgrades (10 July 2023)

Overview: This update refined the network's core data availability layer and fixed bugs to ensure information is transferred accurately and reliably.

Part of version 0.4.2, this release focused on the MantleDA module built on EigenDA. It adjusted the checking strategies for node staking to ensure network integrity and performed code optimizations across key components like the batch-submitter and DTL. It also added permission verification to the TSS node API, a crucial step for preventing unauthorized access. Several bug fixes resolved data inconsistency issues and updated mainnet contract addresses in the SDK.

What this means: This is bullish for $MNT because it strengthens the network's backbone—data availability. This ensures applications run smoothly and users can trust that their transactions and data are processed correctly.

(Releases · mantlenetworkio/mantle)

Conclusion

Mantle's latest codebase updates demonstrate a consistent focus on refining core infrastructure—optimizing performance, hardening security, and improving developer experience. This disciplined development trajectory prioritizes network reliability and scalability. How will these technical foundations support Mantle's growing ecosystem of real-world asset (RWA) and DeFi applications?

What is next on MNT’s roadmap?

TLDR

Mantle's development continues with these milestones:

  1. Elysium Integration with Ethereum Hoodi (Date TBD) – Preparing Mantle's infrastructure for Ethereum's upcoming Glamsterdam upgrade to ensure seamless operation.

  2. mStocks Tokenized Product Launch (Date TBD) – Bybit and Mantle's planned tokenized stock offering for 24/7 trading and DEX liquidity.

  3. Joint Bybit-Mantle Roadmap Execution (2026-2027) – Expanding MNT spot pairs, launching options trading, and deepening DeFi infrastructure collaboration.

Deep Dive

1. Elysium Integration with Ethereum Hoodi (Date TBD)

Overview: Mantle has announced that Elysium, its compatibility layer, is coming to Ethereum's Hoodi testnet ahead of the Glamsterdam upgrade (TokenPost). This technical preparation is designed to ensure Mantle Network's block derivation, batch submission, and cross-chain messaging continue to function smoothly through Ethereum's Layer 1 changes. The activation date is pending as Ethereum developers investigate EIP-8037's impact.

What this means: This is neutral for MNT in the short term, as it's essential maintenance to preserve network integrity and security. However, successful integration is crucial for long-term bullish prospects, as it ensures Mantle remains a reliable and up-to-date scaling solution as Ethereum evolves, protecting its ecosystem and user base.

2. mStocks Tokenized Product Launch (Date TBD)

Overview: Bybit CEO Ben Zhou announced plans to launch mStocks, a tokenized stock product developed in partnership with Mantle (TokenPost). The product will be backed 1:1 by real-world assets (RWAs) and feature 24/7 two-way conversion. A key innovation is its planned connection to all automated market maker (AMM) liquidity pools within the Mantle ecosystem, enabling decentralized exchange (DEX) trading.

What this means: This is bullish for MNT because it directly expands Mantle's utility as a distribution layer for institutional-grade assets. It could drive significant new on-chain activity, increase demand for Mantle's DeFi liquidity, and strengthen the core CeDeFi narrative that links Bybit's exchange users to Mantle's on-chain economy.

3. Joint Bybit-Mantle Roadmap Execution (2026-2027)

Overview: In August 2025, Mantle and Bybit unveiled a strategic joint roadmap (ANDR Crypto). Key upcoming milestones include the public release of the Mantle 2.0 vision, expansion of $MNT spot pairs from 4 to 20+ on Bybit, and the launch of options trading for MNT. These initiatives build on the deep integration between the exchange and the L2.

What this means: This is bullish for MNT as it promises substantially greater liquidity, accessibility, and financial product depth for the token. More trading pairs and derivatives like options can attract sophisticated capital and improve price discovery. Executing this roadmap is critical for converting ecosystem growth into tangible value accrual for MNT holders.

Conclusion

Mantle's immediate roadmap is tightly coupled with its strategic partner Bybit, focusing on launching novel tokenized assets like mStocks and expanding MNT's financial utility through new trading products. In parallel, critical technical work ensures the network stays aligned with Ethereum's evolution. How effectively will Mantle capture value from these new avenues of institutional and retail flow?

CMC AI can make mistakes. Not financial advice.