If inflows persist, bulls could target resistance in the $0.85-$0.92 range.
Mantle, a layer-2 blockchain network connecting traditional finance and on-chain liquidity, has surpassed $1 billion in total lending and borrowing volume on the Aave protocol.
The milestone coincides with a sharp rise in Mantle’s total value locked (TVL) in decentralized finance, despite the crypto market’s bearish outlook.
Can the lending and TVL milestones bolster the price of the native token MNT?
The Mantle-Aave lending market rocketed past the $1 billion mark following a blockbuster launch that injected $800 million in just one day last week.
According to details, the staggering jump in market size, achieved in under three weeks, saw a new uptick as a dynamic weekend brought more than $200 million in organic capital inflows.
Beyond these gains, the Aave integration has ignited broader ecosystem momentum.
Notably, Mantle’s DeFi TVL has jumped from around $455 million to over $755 million, a 66% increase in just one week.
Emily Bao, a key advisor for Mantle, emphasized the achievement:
“Crossing $1 billion in total market size in under three weeks is a clear signal and not just of what Mantle and Aave have built together, but of where institutional and retail DeFi is heading. Mantle was built to be the distribution layer where real-world finance flows, and these milestones are proof that the ecosystem is delivering on that vision. The MoMNTum is real, and we’ve barely even started.”
What could these network milestones mean for MNT? Market experts say the integration of Mantle on Aave is critical to users seeking opportunities and incentives across DeFi.
As such, the surge highlights Mantle’s growing appeal as a scalable and efficient platform for DeFi activities.
MNT price could eye gains as the ecosystem expands and attracts inflows.
MNT’s price has hovered around $0.65-$0.70 over the past month, with current prices well below the all-time high of $2.85 in October 2025.
While buyers have shown resilience, early signs of recovery have faded amid a broader market downturn.
However, the $1 billion milestone could act as a powerful catalyst for MNT, potentially drawing more liquidity and boosting token utility.
The TVL surge also highlights increased value bet on Mantle growth.
If bulls hold current levels, a fresh bounce could bring the supply zone around $0.85 and $0.92 into play.
The $1 level is a key bullish target.
However, technical indicators suggest sellers may continue to exert downside pressure in the coming days and weeks.
Mantle token trading below key moving averages and being neutral-to-sell leaning oscillators support this outlook.
RSI is at 42, and suggests seller conviction, while the price also hovers below the parabolic SAR.
If the downside proves to be the path of least resistance, the next support levels could be $0.57 and Feb. 6 lows at $0.52.
