
Mantle (MNT) surged 10.34% to $0.57 amid a broad mid-cap rally, but on-chain data shows most volume is wash trading and exchange inflows suggest selling pressure. No clear catalyst was identified, though some ecosystem activity was noted. Key levels to watch are the $0.39 low and $0.50 maker breakeven; sustained outflows and rising organic transfers would confirm strength, while continued inflows and a break below $0.39 would weaken the rally.