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  • Mantle (MNT) kicks off 5-month global hackathon with $150K in rewards

    Mantle (MNT) kicks off 5-month global hackathon with $150K in rewards

    Mantle (MNT) kicks off 5-month global hackathon with $150K in rewards

    • The event is open to everyone, from startup teams to solo creators.
    • The hackathon runs until February 7, 2026.
    • Winning participants will enjoy a $150,000 prize pool.

    Blockchain network Mantle has officially opened its first-ever global hackathon, inviting creators and developers to build innovative blockchain solutions in a five-month online competition.

    The event has started today, October 22, and will run until February 7 next year, and offers up to $150,000 in incentives to winning projects.

    The hackathon is open to all enthusiasts globally, with renowned developer ecosystems HackQuest and OpenBuild offering tools, exposure to new projects, and mentorship.

    The event offers builders an opportunity to create practical innovations, and not hype-driven trends.

    Building to solve real-world problems

    Mantle has highlighted what it expects from participants of its hackathon: relevant products that tackle real user issues.

    Meanwhile, the evaluation procedure will prioritize five primary pillars, including scalability, product design, technical execution, Mante integration, and market potential.

    The Mantle team emphasized that successful entries should focus on market utility and not flashy demos.

    Indeed, this hackathon is a platform for serious builders and not short-term speculators. They said:

    Build what lasts, not just what trends. Focus on execution, usability, and real-world relevance. Most importantly, solve what users need.

    Meanwhile, participants have adequate time to design and shape their innovative projects.

    Registration and building start this month, with the winner announcement scheduled for February.

    Creators have the time to plan, test, and polish ideas before presenting their projects to the broader cryptocurrency community and judges.

    For context, the hackathon boasts a diverse judging panel comprising renowned figures in the blockchain world.

    The comprehensive list includes 0x Todd, Trustless State, Notaciccap, and multiple others with experience spanning venture capital, DeFi innovation, and product development.

    The massive judging team adds credibility to the event.

    Moreover, their experience signals high expectations as the panel boasts expertise in evaluating projects with real-world impact and creative innovations.

    Mantle and Bybit prioritize real-world solutions

    The five-month hackathon coincides with Mantle’s current alliance with centralized exchange Bybit, aimed at merging liquidity providers, real-world assets, and developers.

    The duo seeks to democratize the trillion-dollar industry of on-chain finance.

    The initiative reflects Mantle’s mission to expand beyond a blockchain network and create an international developer community to accelerate financial innovation.

    MNT price outlook

    Mantle’s native token mirrored broader sentiments today.

    MNT lost nearly 10% of its value over the past 24 hours to $1.64.

    The faded daily trading volumes indicate trader disinterest in the tokens, as bears rattle the cryptocurrency landscape.

    The value of all digital tokens plunged by 5% the past 24 hours to $3.65 trillion due to factors like tariff tensions.

    Nevertheless, analysts remain confident, predicting massive rebounds in Q4 and into 2026.

    Meanwhile, the ongoing hackathon could boost MNT’s utility and volumes in the coming times, which could catalyze stable price performances.

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  • Mantle price outlook as MNT gains momentum with 20% spike

    Mantle price outlook as MNT gains momentum with 20% spike

    Mantle Price Bullish

    • Mantle is up 20% in 24 hours amid overall altcoin rcovery.
    • The MNT token reached highs of $0.91 on Tuesday and could break to $1 and eye the all-time high of $1.51.
    • Ecosystem growth buoys overall bullish momentum.

    Mantle (MNT) price has surged more than 20% in the past 24 hours, jumping from lows of $0.72 to $0.91.

    This uptick aligns with other altcoins’ bounces over the past day, with likes of Litecoin and Pump.fun among top gainers in the largest 100 coins by market cap.

    Notable gains for Mantle have come amid a 280% surge in daily volume to $622 million, while its market cap has increased to $2.96 billion.

    Mantle pumps 20% as altcoins bounce

    As noted, Mantle’s price surge coincides with a pump in the broader altcoin market.

    A lot of the upside momentum has come after last week’s sell-off, with an announcement from the Commodity Futures Trading Commission buoying investors.

    MNT price has also benefited from a robust network, which boasts a significant increase in stablecoin market cap to $653 million.

    The total value locked in DeFi on the protocol has also jumped to $233 million, largely helped in recent weeks by a surge in activity around its ecosystem.

    Also worth noting is Mantle’s contribution of 101,867 ETH worth over $388 million to the Strategic ETH Reserve.

    Institutional inflows through initiatives like the Mantle Index Four and innovative products such as mETH Protocol for liquid staking add further upside fuel. Lookonchain highlights these in the X post below.

    Mantle’s strong market momentum has MNT trading towards the psychological $1 mark. The last time bulls hovered at or above this level was in February 2025.

    Is Mantle price poised for a breakout to a new all-time high?

    Mantle’s price trajectory has bulls eyeing fresh bids above $1, and analysts say a breakout above this level could catapult MNT past its all-time high of $1.51. The altcoin reached this milestone on April 8, 2024.

    On the daily chart, technical indicators provide bullish signals. The Relative Strength Index (RSI) stands at 66 and upsloping to indicate potential upside continuation before hitting the overbought zone.

    Mantle price chart by TradingView

    Meanwhile, the Moving Average Convergence Divergence (MACD) indicator suggests a bullish crossover. Per the chart above, the MACD line is looking to cut above the signal line, highlighting a potential short-term bullish momentum.

    Mantle is also trading near the upper Bollinger Band at $0.87 with price above the middle line and with likely support at the lower band of $0.68.

    A decisive break above the upper resistance could signal a bullish flip, allowing buyers to extend gains past $1 to the $1.40 region.

    A confirmation of an upbeat sentiment from other catalysts will help this bullish trend. The downside however could make $0.68 a key level to watch. Major support also lies near $0.55.

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