Mantle Soars on Bybit Launchpool Debut; Targets $1.34 as Momentum Fuels 12% Surge

Mantle has experienced a dramatic price surge, exceeding the $4,500 mark and reaching a new all-time high. The rally is attributed to the launch of Bybit EU’s MiCA-compliant Launchpool, which offers substantial staking returns up to 36% per year. This program saw significant market attention due to its generous rewards compared to Ethereum staking options, driving an impressive 274% surge in daily trading volume. Mantle (MNT) recently broke through resistance at $1.08, aiming towards a target of $1.34 if momentum continues. Analysts believe the strong rise is driven by increased interest and demand following Bybit EU’s launch.