Mantle Price Surges 9% as Super Portal Launches on Solana with Chainlink Backing
The price of Mantle (MNT) has broken through a descending trendline that had been in place since May, with a second bullish RSI divergence forming alongside the break. This comes as the Super Portal launched on Solana, secured by Chainlink CCIP, giving Mantle's capital markets infrastructure access to Solana's liquidity base.
The MNT price has surged 2.20% to $0.4273, with August averages historically delivering a +9.27% return for the asset. The median return is -2.34%, however, reflecting a wide range of outcomes. In 2025, Mantle delivered an impressive +58.1% return in August.
The trendline break has cleared the way for MNT to push toward the 100-day EMA at $0.5087, consistent with August's historical average return. However, if the breakout fails to hold, the bearish risk level is set at $0.38 (July low).