Mantle targets new ATH after hitting $1.77 amid ZK rollup upgrade

Mantle surged by 15% to reach a record high of $1.77.
The total value locked exceeded $2 billion, making Mantle the largest ZK rollup by TVL.
Mantle’s transaction volumes also soared, with hundreds of thousands of daily transactions.

Mantle Network’s native token, MNT, surged to a record all-time high of $1.77 on September 17, 2025, driven by the successful completion of its mainnet upgrade to a zero-knowledge (ZK) rollup architecture in a landmark development for Ethereum’s Layer 2 ecosystem.

This price gain comes as other cryptocurrencies like PancakeSwap and Filecoin also edge higher.

Mantle completes ZK rollup upgrade

Mantle’s transition from an optimistic rollup to a full ZK rollup represents a pivotal evolution in its infrastructure with the upgrade, enabling the network to generate validity proofs for state transitions without disclosing underlying data, thereby bolstering security and reducing reliance on fraud-proof challenges.

This shift addresses longstanding limitations of optimistic models, where transactions assume validity until contested, potentially delaying 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,” said Edward Li, growth and business development lead at Succinct.

Mantle’s total value locked (TVL) stood at approximately $218 million prior to the upgrade as  post-implementation having ballooned to over $2 billion, cementing its status as the world’s largest ZK rollup by this metric.

By incorporating EigenLayer’s , Mantle ensures robust decentralization without overburdening the base chain, a hybrid approach that has drawn praise from developers seeking EVM-compatible environments.

Mantle price outlook and token performance

The announcement catalyzed an immediate price rally for Mantle, with MNT climbing over 15% to breach its previous peak of $1.68 set last month.

According to trading data from major exchanges like Binance and Coinbase, MNT’s market capitalization surpassed $5.4 billion, ranking it among the top 30 cryptocurrencies.

Analysts have also related the price surge to a number of factors, like renewed institutional interest in ZK technologies amid Ethereum’s Dencun upgrade.

Mantle’s ecosystem incentives, including yield-bearing stablecoins like mETH and upcoming products such as crypto index funds, also boosted price.

Looking at Mantle’s price chart, the cryptocurrency trades around $1.64, slightly lower than the $1.77 all-time high.

Selling pressure contributed to the decline in MNT price.

However, bulls are targeting a new ATH amid a bull flag pattern as Mantle’s ZK framework unlocks cross-rollup interoperability.

With over 5.86 million active accounts already, predictions suggest total value locked could double by year-end, driven by partnerships with EigenLayer and Succinct.

Nonetheless broader market challenges might persist, including competition from established ZK players like Polygon zkEVM and potential regulatory scrutiny on restaking mechanisms.

In this case, the price levels to watch could include $1.40 and $1.09.