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Can MNT break $2 in 2025? Let's take a look at this on-chain data.
Mantle (MNT), as an Ethereum Layer-2 solution, is currently trading at around $1.13. Some analysts predict that it could reach a high of $2.31 this year, but there is also a risk of a pullback to $0.90.
Key Data Points:
- There is still a 25% gap from the historical high of $1.51 (April 24)
- Has increased over 250% from a low of $0.3136
- Market cap of approximately $3.8 billion, daily trading volume of $170 million
In the long term, if the L2 ecosystem continues to heat up, MNT has the potential to reach $10.22 by 2030. However, such predictions are based on the assumption of a bull market—if policies tighten or market sentiment reverses, the likelihood would be greatly diminished.
Many institutions have given different predictions: Changelly sees $1.50, CoinCodex directly calls for $2.90, while DigitalCoinPrice is more moderate at $2.40. Such a large divergence might indicate that MNT is still exploring its bottom?