Altcoin Mantle Soars Amidst Market Volatility and New Use Cases

Mantle (MNT) has experienced a significant surge in value over the past 24 hours, defying market volatility and achieving a remarkable gain of 16.06%. This rise has pushed MNT beyond the $1.30 threshold, exceeding its weekly gains by over 30%, despite broader altcoin markets like Ethereum, Solana, and Cardano experiencing losses during this period. 1. The surge is attributed to key developments such as Bybit EU’s launchpool offering, where users can stake MNT, XION, and USDC for rewards. This innovative product marks Bybit’s first MiCA-compliant staking solution in the European market, attracting increased demand and interest.