- Mantle rose 15% to reach an all-time high of $1.77.
- Total value locked surpassed $2 billion, making Mantle the largest ZK rollup by TVL.
- Mantle’s transaction volumes also surged, recording hundreds of thousands of daily transactions.
Mantle Network’s native token, MNT, reached an all-time high of $1.77 on September 17, 2025, following the successful completion of its mainnet upgrade to a zero-knowledge (ZK) architecture — a milestone for Ethereum’s Layer 2 ecosystem.
This price move occurred alongside broader gains in the crypto market, with other projects such as PancakeSwap and Filecoin also experiencing upward momentum.
Mantle completes ZK rollup upgrade
Mantle’s transition from an optimistic rollup to a full ZK-rollup marks a significant upgrade to its infrastructure. The new architecture enables the network to produce validity proofs for state transitions without revealing underlying data, improving security and reducing reliance on fraud-proof windows.
The change addresses long-standing limitations of optimistic models, which assume transactions are valid until challenged and can face delays to finality.
“With today’s mainnet upgrade, the journey is complete: Mantle is now the world’s largest ZK-rollup by TVL, with over $2 billion secured by Succinct’s technology,” says Edward Li, head of growth and business development at Succinct.
Before the upgrade, Mantle’s total value locked (TVL) was roughly $218 million; following the implementation, TVL increased to more than $2 billion, cementing its position as the largest ZK-rollup by this metric.
By incorporating EigenLayer, Mantle aims to ensure strong decentralization without overburdening the base chain. This hybrid approach has received praise from developers seeking EVM-compatible environments.
Price outlook and token performance
The announcement triggered an immediate price rally for Mantle, with MNT surging more than 15% to clear its prior high of $1.68 set last month.
Exchange data from major platforms such as Binance and Coinbase show MNT’s market capitalization exceeded $5.4 billion, placing it among the top 30 cryptocurrencies by market cap.
Analysts attribute the price rise to several factors, including renewed institutional interest in ZK technologies amid Ethereum’s Dencun upgrade.
Mantle’s ecosystem incentives — including yield-bearing stablecoins like mETH and planned products such as crypto index funds — also supported higher demand for the token.
Mantle price chart from TradingView
At the time of writing, Mantle was trading around $1.64, slightly below the record $1.77 peak. Short-term selling pressure contributed to the pullback.
Still, bulls are targeting a new all-time high amid a bullish flag pattern, as Mantle’s ZK framework unlocks greater interoperability between rollups.
With more than 5.86 million active accounts already on the network, some forecasts suggest TVL could double by year-end, supported by partnerships with EigenLayer and Succinct.
Nevertheless, broader market headwinds remain possible, including competition from established ZK players like Polygon zkEVM and potential regulatory scrutiny of sequencing and rollup mechanisms.
Key price levels to watch include $1.40 and $1.09 for potential support on further downside moves.