Mantle Faces Resistance Near $1.40 After 24% Weekly Surge

Mantle’s price is hovering around $1.37 following a significant 24% gain over the past week, approaching the $1.40 resistance level. This recent rally comes amidst increasing institutional demand for Mantle products and listings by platforms like Bybit and Coinbase. While development activity remains stable at 0.429, inflation is close to zero, indicating a steady price environment. However, the token faces a key hurdle: whether it can break above $1.40 or face a repeat of previous rejection points.