Updated Oct 27, 2026, 7:20 AM UTC
Why is Mantle up today?
Mantle's 0.8% slide over 24 hours tracks a soft broader crypto tape rather than anything specific to the network. Bitcoin is down 0.6% on the day to $79,544 and 2.6% over the week, and MNT has simply moved with it — only more so, shedding 4.2% over seven days against Bitcoin's 2.6%.
The dominant story in the market today is regulatory rather than directional: the US Office of the Comptroller of the Currency granted Ripple final approval for Ripple National Trust Bank, bringing reserves behind its $2.5 billion RLUSD stablecoin under federal oversight. Notably, even that milestone failed to spark a rally — XRP traded near $1.29 — underlining how muted risk appetite is across the sector. Outside crypto, Anthropic's disclosure of an IPO as early as November, with $16 billion in first-half revenue against an $80 billion net loss, is competing for speculative capital.
Thin liquidity amplifies the drift: $15.67 million in 24-hour volume against a $1.68 billion market cap means modest selling moves the price.
Sources
- CryptopolitanRipple Wins Final OCC Approval for National Trust Bank, Bringing RLUSD Under Federal Oversight
- TokenPostRipple Announces Final OCC Approval for National Trust Bank Charter
- BeInCryptoWho Gains From Ripple’s New Bank Charter? XRP Holders May Be Last in Line
- CoinDeskRipple gets a final go-ahead to launch its own U.S. national trust bank
- CointelegraphAI company Anthropic announces IPO, expected as early as November
Other coins today
- Why is BTW down?
- Why is RAIN down?
- Why is ICP up?
- Why is MORPHO up?
- Why is QNT up?
- Why is CC down?
- Why is WLD down?
- Why is BCH up?
- Why is XMR up?
- Why is DOT down?
- Why is XRP up?
- Why is HYPE up?
- Why is AAVE down?
- Why is PEPE down?
- Why is PUMP down?
- Why is M up?
- Why is SKY up?
- Why is ZEC up?
- Why is ADA up?
- Why is ONDO up?
- Why is CRO moving?
- Why is UNI moving?
- Why is ENA moving?
- Why is SOL moving?
- Why is WBT moving?
- Why is ASTER moving?
- Why is WLFI moving?
- Why is DOGE moving?
- Why is BNB moving?
- Why is NEAR moving?
- Why is TAO moving?
- Why is AVAX moving?
- Why is SUI moving?
- Why is TRX moving?
- Why is HBAR moving?
- Why is LTC moving?
- Why is GRAM moving?
- Why is BTC moving?
- Why is LINK moving?
- Why is LEO moving?
- Why is ETH moving?
- Why is SHIB moving?
- Why is OKB moving?
- Why is XLM moving?
Written from lypp's live market data and news feed. Not financial advice. Follow @lypp for moves as they happen.