Mantle (MNT) has experienced a remarkable price surge, reaching its all-time high of $2.84 after a 20% jump in the past 24 hours. This follows an impressive 130% monthly gain, putting MNT on par with top-performing altcoins like BNB in terms of overall returns this year. Analysts believe this surge can continue thanks to a strong bullish sentiment among traders and investors. Despite a broader market consolidation, MNT has seen significant growth, with trading volumes soaring to $840 million. 20% gains in just one day have also led to a 14.11% increase in open interest on MNT futures, according to CoinGlass data, indicating a strong underlying momentum. Alpha Crypto Signal, a crypto analytics platform, has described the current price move as a textbook example of a breakout and continuation pattern, suggesting genuine upside potential for the Mantle price. Analysts anticipate that as long as prices remain above the previous breakout zone around $1.90-$2.00, the bullish sentiment will persist. Ali Martinez, a crypto analyst, believes Mantle (MNT) continues to climb in momentum with a potential target price of $3.60, further bolstering investor optimism. The surge in MNT’s price is being driven by several factors, including its expansion into real-world assets (RWA). The team behind Mantle has launched Tokenization-as-a-Service (TaaS) at Token2049, providing institutions with a platform for compliant asset tokenization. Emily Bao, Key Advisor of Mantle, stated that RWA are no longer considered niche and that institutional investors are actively seeking to tokenize assets on the blockchain. Moreover, the launch of the USD1 stablecoin on the Mantle network has also contributed significantly to MNT’s price surge. This stablecoin, backed by World Liberty Financial, a company associated with former President Trump’s family, currently holds a market cap of $2.6 billion, ranking it as one of the largest stablecoins in the market.