Mantle price has climbed from $0.39 in early August to $0.576, and exchange flows are giving bulls another reason to stay interested. Outflows have spiked and surpassed inflows during the rally, suggesting accumulation has outweighed distribution. That’s constructive, but it also means September needs to deliver more like a catalyst alongside an optimistic onchain chart.
Mantle Price Gains Support From Exchange Activity
The August move has coincided with a clear shift in exchange activity. More Mantle tokens have moved out of exchanges than into them, indicating that selling pressure was absorbed as the Mantle price advanced.
If the same pattern continues in September, further exchange outflows could support a move toward $0.71 or $0.86. A sustained break above those levels could open a possible retest of $1.00.
Of course, outflows don’t automatically guarantee higher prices. The market still needs demand to keep absorbing available supply.
Mantle Network Activity Keeps Rising
The onchain data is also becoming more supportive. Daily active addresses on Mantle have continued rising, pointing to increased activity and usage across the network.
Network growth and transaction count are moving in the same direction, with both metrics showing rising histograms. That gives the price rally a broader foundation than exchange flows alone.
Still, rising activity doesn’t settle the question of valuation. It simply makes the bullish case harder to dismiss.
September Holds The Next Price Test
The Mantle price is now approaching the next upside targets after its August advance. If accumulation remains stronger than distribution, the token could extend toward $0.71 and $0.86, with $1.00 becoming a possible longer-term retest level.
But the setup can change quickly. If sell pressure increases, Mantle price could fall toward support at $0.51 or even $0.40.
For now, the Mantle price remains tilted toward the bulls as exchange outflows, active addresses, network growth, and transaction count continue rising. September will show whether that demand can push the token toward $1 or whether sellers finally regain control.
The rally coincided with exchange outflows surpassing inflows, suggesting accumulation outweighed distribution.
The next potential targets are $0.71 and $0.86, followed by a possible retest of $1.00.
Rising active addresses, network growth, transaction count, and stronger exchange outflows support the bullish setup.
A decline below $0.51 could expose the token to support near $0.40.
Mantle price could retest $1 if accumulation continues and the token sustains its move above the intermediate targets.
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