Mantle Price Eyes $1 as Exchange Outflows Accelerate

Mantle’s price has climbed from $0.39 in early August to $0.576, with exchange outflows rising faster than inflows during the rally, a pattern the article describes as supportive of accumulation. It argues the next test will come in September, where additional catalysts could push Mantle toward $0.71 or $0.86, and a sustained break above those levels could lead to a retest of $1.00. The piece also cites network momentum: daily active addresses, network growth, and transaction counts have continued increasing. It cautions the setup could change quickly if sell pressure returns, potentially dragging price toward $0.51 or even $0.40.