MANTRA (OM) Targets $10 as Analysts Predict Significant Growth Driven by Strong Adoption and Strategic Partnerships.
Currently priced at $3.91, MANTRA (OM) has seen fluctuations this week, maintaining a market capitalization exceeding $3.74 billion. Despite recent dips, the token is capturing considerable attention within the blockchain sector, with analysts forecasting substantial growth potential by 2025.
As the pioneering Layer-1 blockchain focused exclusively on regulated real-world asset (RWA) tokenization, MANTRA is strategically positioned to tap into the booming $16 trillion RWA tokenization market by 2030.
MANTRA’s collaborations with major entities have significantly bolstered its standing, with partnerships demonstrating strong investor confidence, particularly in the UAE market.
In contrast to other Layer-1 blockchains such as Solana and Sui, MANTRA’s emphasis on regulatory compliance in RWA tokenization sets it apart and positions it favorably within the blockchain landscape.
Looking ahead, MANTRA envisions a remarkable $100 billion Total Value Locked (TVL) on-chain by 2026. With its current market capitalization at $3.74 billion, this vision underscores considerable growth potential. Experts speculate a potential 10x increase in value over the long term, with a more immediate target of $10 representing a realistic 3x increase.
MANTRA Poised for a Breakout
The performance chart for OM reveals a classic bull flag pattern within the accumulation zone, indicating a strong potential for breakout. This pattern illustrates consistent higher lows and decreasing selling pressure, signifying robust accumulation activity from institutional investors. Coupled with rising volume profiles, this technical setup mirrors trends observed in other successful Layer-1 blockchain advancements prior to significant price rallies.
With a solid support level at $3.60 and resistance identified around $4.10, the token appears set for a potential price surge. Analysts anticipate that breaking the $4.60 resistance could trigger a significant rally toward the $10 target, fueled by growing institutional adoption and ecosystem development.
Recent trends indicate a notable increase in short liquidations for OM, with over $2 million liquidated in just the past 24 hours, and more than $20 million liquidated over the last month. This pattern of short liquidations suggests strong buying pressure and the potential for dramatic upward movement, reminiscent of previous crypto bull cycles.