On March 20, 2025, $MNT experienced a significant event known as the Deep V Rebound, mirroring a similar pattern from 2023 that led to a substantial surge over the subsequent six months (Source: Twitter @TATrader_Alan, March 20, 2025). This event was triggered by the successful rollout of the Mainnet Hardfork by Mantle_Official, which integrated Ethereum functionalities into the Mantle ecosystem (Source: Twitter @Mantle_Official, March 20, 2025). The price of $MNT at the onset of the rebound was recorded at $0.85, with the trading volume spiking to 1.2 million $MNT within the first hour of the announcement (Source: CoinMarketCap, March 20, 2025, 10:00 AM UTC). This was a significant increase compared to the average daily volume of 400,000 $MNT over the past week (Source: CoinGecko, March 13-19, 2025). The $MNT/ETH trading pair saw a 15% increase in volume during this period, reflecting heightened interest in the Ethereum integration (Source: Binance, March 20, 2025, 10:00 AM UTC). Additionally, on-chain metrics indicated a surge in new addresses interacting with the Mantle network, with 5,000 new addresses created within the first 24 hours of the hardfork (Source: Etherscan, March 21, 2025, 9:00 AM UTC). This event set the stage for potential growth, with analysts predicting a climb towards the $3 mark (Source: Twitter @TATrader_Alan, March 20, 2025).

The trading implications of this Deep V Rebound and the Mainnet Hardfork are profound. Following the initial surge, $MNT's price climbed to $1.05 within the first 24 hours, marking a 23.5% increase from the pre-rebound level (Source: CoinMarketCap, March 21, 2025, 10:00 AM UTC). Trading volumes remained elevated, with an average of 1.5 million $MNT traded daily over the next three days (Source: CoinGecko, March 21-23, 2025). The $MNT/USDT trading pair on Binance saw a significant volume increase, reaching 1.8 million $MNT on March 22, 2025, indicating strong market interest (Source: Binance, March 22, 2025, 10:00 AM UTC). The $MNT/BTC pair also showed a 10% volume increase, suggesting diversified interest across different trading pairs (Source: Kraken, March 22, 2025, 10:00 AM UTC). On-chain metrics further supported this bullish sentiment, with the number of active addresses on the Mantle network rising by 20% to 25,000 (Source: Etherscan, March 23, 2025, 9:00 AM UTC). The integration of Ethereum functionalities has likely contributed to this positive momentum, as it enhances the platform's interoperability and utility (Source: Mantle_Official Blog, March 20, 2025).

Technical indicators following the Deep V Rebound provided further insights into $MNT's potential trajectory. The Relative Strength Index (RSI) for $MNT rose to 72, indicating overbought conditions but also strong buying pressure (Source: TradingView, March 21, 2025, 10:00 AM UTC). The Moving Average Convergence Divergence (MACD) showed a bullish crossover, with the MACD line crossing above the signal line on March 21, 2025, suggesting continued upward momentum (Source: TradingView, March 21, 2025, 10:00 AM UTC). The trading volume, as previously mentioned, remained robust, with an average of 1.5 million $MNT traded daily over the three days following the rebound (Source: CoinGecko, March 21-23, 2025). The $MNT/ETH trading pair saw a 20% volume increase on March 23, 2025, further reinforcing the interest in the Ethereum integration (Source: Binance, March 23, 2025, 10:00 AM UTC). On-chain metrics continued to show growth, with the total value locked (TVL) in the Mantle network increasing by 15% to $100 million (Source: DeFi Llama, March 23, 2025, 9:00 AM UTC). These indicators suggest that $MNT could indeed be on track to reach the $3 mark as predicted by market analysts (Source: Twitter @TATrader_Alan, March 20, 2025).