Mantle Price Breakout Sets Sights on $0.88-$0.95 Resistance Zone

Mantle's price has broken out of a months-long descending channel, putting it back on traders' radar. The token is trading around $0.57, up more than 4% on the day, after reclaiming the $0.50 region and pushing through the channel resistance.

On-chain adoption and capital deployment are accelerating, with Mantle reporting stronger network activity. Data shows total unique addresses on Mantle Mainnet reaching 7.7 million in August 2026, a 54% year-to-date increase.

The real-world asset segment is also becoming a notable part of the network's activity, with tokenized active strategies at more than $116.4 million. This growth in network participation and capital deployed provides fundamental context to the price recovery.