BYBIT＆MANTLE（MNT）：飞轮效应点燃突破

Mantle（MNT）的激增源于“ Bybit Flywheel”，该机制在该机制中，Bybit用户获得了持有MNT，推动需求并创建正面反馈循环的费用折扣。

Bybit & Mantle (MNT): The Flywheel Effect Igniting a Breakout

BYBIT＆MANTLE（MNT）：飞轮效应点燃突破

Mantle (MNT) is making waves, surging to new heights thanks to the 'Bybit Flywheel.' This innovative approach is reshaping how Layer 2 networks attract liquidity, potentially mirroring the early success of BNB.

Mantle（MNT）正在浪潮，这要归功于“ Bybit Flywheel”。这种创新的方法正在重塑第2层网络如何吸引流动性，这可能反映了BNB的早期成功。

"Bybit-MNT Flywheel": The Growth Engine Heats Up

“ Bybit-Mnt飞轮”：增长引擎加热

Mantle Network (MNT) has become a hot topic in the Layer-2 (L2) space. Surpassing $1.54, it set a new all-time high, climbing over 150% from its July low. This breakout is fueled by a combination of technical strength, capital inflows, and effective tokenomics, creating an asymmetric opportunity reminiscent of BNB or OKB's early days.

地幔网络（MNT）已成为第2层（L2）空间中的热门话题。它超过了1.54美元，它创造了一个新的历史最高水平，比7月份的低点攀升了150％以上。技术实力，资本流入和有效的令牌学的结合助长了这一突破，从而使人联想到BNB或OKB早期的不对称机会。

The core of this rally is the "Bybit Flywheel." This system rewards Bybit users with fee discounts for holding MNT, boosting MNT demand. This can trigger buyback and burn mechanisms funded by exchange revenue or Mantle’s treasury.

这次集会的核心是“ Bybit Flywheel”。该系统奖励持有MNT的费用折扣的Bybit用户，从而提高了MNT需求。这可以触发由交易所收入或Mantle财政部资助的回购和烧毁机制。

As demand increases, so does the MNT price, incentivizing further participation and creating reflexive price pressure. Mantle distinguishes itself from other exchange tokens through its valuation.

随着需求的增加，MNT价格也随之增加，激励进一步的参与并产生反身价格压力。 Mantle通过其估值将自己与其他交换令牌区分开。

Analyses suggest MNT is undervalued compared to competitors. Its Market Cap-to-Volume ratio is 0.1, and its Market Cap-to-Open Interest ratio is 0.15, the lowest among major exchange tokens.

分析表明，与竞争对手相比，MNT被低估了。它的市场上限与体积比率为0.1，其市场上限与开放的利息比为0.15，是主要交换令牌中最低的。

MNT x Bybit 2.0: Deepening the Partnership

MNT X BYBIT 2.0：加深伙伴关系

Mantle’s surge is also attributed to its deepening partnership with Bybit, branded as “MNT x Bybit 2.0.” This initiative introduced 21 new trading pairs against popular assets like ETH, SOL, ADA, and SUI. Bybit also launched a “HODL & Earn” campaign, rewarding Mantle holders with a share of a 60,000 XUSD pool.

Mantle的激增还归因于其与Bybit的加深伙伴关系，该伙伴关系被称为“ Mnt X Bybit 2.0”。该倡议引入了21对针对ETH，SOL，ADA和SUI等流行资产的新交易对。 Bybit还发起了“ Hodl＆Earn”运动，以60,000 XUSD池的份额奖励了地幔持有者。

This has significantly increased activity, with spot volume climbing 41% to $655 million and futures volume more than doubling to $268 million. Open interest jumped to $203 million, reflecting increased speculative demand.

这已经大大增加了活动，现货量攀升了41％至6.55亿美元，期货量增加了一倍以上，达到2.68亿美元。开放兴趣跃升至2.03亿美元，反映了投机需求的增加。

Technical Indicators: Momentum and Risk

技术指标：势头和风险

Mantle has broken above $1.60, supported by short-term moving averages. The 10-day EMA at $1.32 and 20-day SMA at $1.22 are trending upward, and momentum indicators like MACD and Momentum remain bullish. Analysts suggest MNT could test resistance levels of $1.80-$2.00 if the uptrend persists.

在短期移动平均值的支持下，Mantle损失了1.60美元以上。 10天的EMA为$ 1.32和20天的SMA售价为$ 1.22，而MACD和动量等动量指标仍然看涨。分析师认为，如果上升趋势持续存在，MNT可以测试$ 1.80- $ 2.00的电阻水平。

However, warning signals are emerging. The RSI has climbed above 70, indicating overbought conditions, while the Commodity Channel Index (CCI) surged above 300. Both indicators often precede short-term pullbacks. Bollinger Bands also show price hugging the upper band, suggesting high volatility ahead.

但是，警告信号正在出现。 RSI已攀升到70台以上，表明条件过高，而商品渠道指数（CCI）飙升到300以上。这两个指标通常都在短期回调之前。 Bollinger乐队还显示了Price紧紧拥抱上层乐队，这表明未来的波动性很高。

Looking Ahead

展望未来

Mantle's future depends on sustaining demand from Bybit's expansion and its omnichain integration via LayerZero, enhancing utility across multiple blockchains. Its growing role in DeFi, connected with a rising TVL of $1.8 billion, strengthens the bullish outlook.

Mantle的未来取决于BYBIT扩展的需求及其通过LoeseZero的综合集成的需求，从而增强了多个区块链的效用。它在Defi中的作用日益增加，与TVL的增长18亿美元有关，增强了看涨的前景。

However, analysts caution that profit-taking or broader market shifts could trigger a correction toward $1.22–$1.36 support zones. Investor confidence remains high, but the key is whether Mantle can maintain its momentum.

但是，分析师警告说，利润或更广泛的市场转变可能会导致纠正到1.22-1.36美元的支持区。投资者的信心仍然很高，但关键是Mantle是否可以保持其势头。

Final Thoughts

最后的想法

So, is Mantle the next big thing? Only time will tell, but with the Bybit Flywheel in motion, it's definitely one to watch. Keep your eyes peeled and your wits about you – the crypto world never sleeps!

那么，Mantle是下一个大事吗？只有时间会说明，但是随着Bybit Flywheel的运动，这绝对是值得关注的。保持眼睛剥落和智慧 - 加密世界永远不会睡觉！