MANTRA (OM) Eyes $10 as Analysts Predict Massive Growth, Fueled by Strong Adoption, Key Partnerships, and a Focus on Regulated RWA Tokenization

MANTRA (OM) currently hovers at $3.91, slightly lower than its highest point this week. This movement has brought the token's market cap to over $3.74 billion.

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Fresh off the news of its listing on Binance, MANTRA (OM) is making waves again with a 3x price target to $10 in the short term. This development follows a week of price drops for the token, which began with a high of $4.60 on Monday and reached a low of $3.91 on Friday morning. However, MANTRA is still up by 20% over the last 30 days.

Currently priced at $3.91, MANTRA has a market cap of over $3.74 billion, despite the dip. But what’s driving the optimism and predictions of massive growth for MANTRA? Let’s dive in.

MANTRA leads the regulated RWA tokenization space, being the first Layer-1 blockchain built specifically for this purpose. Forecasts predict the project will capture a significant portion of the RWA tokenization market, which is expected to grow to over $16 trillion by 2030.

Moreover, partnerships with Google Cloud, MAG, Zand Bank, and Pyse have given the project the necessary boost. And the increasing adoption of MANTRA, especially in the UAE, is a sign of investor confidence.

Compared to other Layer-1 blockchains like Solana and Sui, MANTRA is focusing on regulatory-compliant RWA tokenization. According to analysts, this approach gives OM an edge in the blockchain ecosystem.

MANTRA’s long-term vision includes $100 billion Total Value Locked (TVL) on-chain by 2026. Given the current market cap of $3.74 billion, this leaves a lot of space for growth.

According to experts, OM could easily see a 10x increase in the long run, with a more realistic 3x price target to $10 in the short term.

Chart analysis shows that OM has been forming a classic bull flag pattern in the accumulation zone, hinting at the potential for a strong breakout. The pattern showcases consistent higher lows with decreasing selling pressure, indicating solid accumulation by institutional investors.

This technical setup, combined with increasing volume profiles, resembles patterns observed in other successful Layer-1 blockchains before their parabolic moves.

With strong support at $3.60 and resistance at $4.10, the coin might be gearing up for a potential surge. If OM can break through the $4.60 mark, analysts anticipate a sharp rally, with price targets reaching as high as $10.

The increasing institutional adoption and growth of the ecosystem are contributing to these optimistic projections.

In the past 30 days, shorts on OM have been liquidated in large amounts, which could indicate the potential for a price squeeze. In the previous 24 hours, over $2m in shorts were liquidated.

To put this in perspective, shorts on OM were liquidated in the following amounts:

Last 24 hours: over $2m in shorts were liquidated.

Last 7 days: over $9m in shorts were liquidated.

Last 30 days: over $20m in shorts were liquidated.

This increasing trend of short liquidations, compared to long positions, suggests strong buying pressure and the potential for explosive upward movement, similar to patterns observed in previous crypto bull runs.