The MNT Token of Mantle Networks recorded a trading volume increase of over 450% on the Bybit exchange from July to October 2025, rising from 111 million USD to 619 million USD daily. The trading market share of MNT on Bybit also grew from 0.62% to 2.86%, indicating that this token has become an important part of the exchange's operations.
The growth coincides with the cooperation plan between Bybit and Mantle, including deeper integration, the addition of new trading pairs, and exclusive features for MNT holders. According to the announcement, MNT has now become the “core utility token” of the Bybit ecosystem, offering fee discounts, VIP tiers, and trading rewards.
This momentum helped MNT reach a new peak above 2.40 USD at the beginning of October. However, analysts believe that the next challenge is to maintain the upward trend and create sustainable value for the Mantle ecosystem.
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