As of 19:00 on June 30, 2025 (UTC+8), the real-time trading price of Mango, the native token of Mango Network, was 1.16. It rose by 38287 million US dollars within 24 hours and ranked 297th in the market capitalization ranking of cryptocurrencies. The circulating supply was 2.47 billion pieces (accounting for 67.3% of the total supply). The liquidity of major exchanges is concentrated on Binance (accounting for 41% of global trading volume), with an average daily trading volume of $38 million for its spot trading pair MANGO/USDT, and the bid-ask spread remains within 0.3%.
Technical indicators show that volatility has significantly increased recently. The Bollinger Bands Width (BBW) expanded to 0.28 (based on the 20-day moving average), suggesting a price fluctuation range of ±15%. The Relative Strength Index (RSI) was reported at 62.3, approaching the overbought threshold of 70, with a short-term correction risk probability of 55%. Data from on-chain analytics firm Nansen has monitored that whale addresses holding over 1 million MANGO have net increased their holdings by 82 million in the past seven days (an increase of 5.2%). Such addresses currently control 37.8% of the total circulating supply, and the centralized risk index (GINI coefficient) has climbed to 0.72.
Ecological development activities directly affect price support. After the mainnet 2.0 upgrade of mango network price at the end of May, the transaction processing speed increased from 1,200 TPS to 9,500 TPS, and the average Gas fee dropped to 0.002. The new staking agreement attracted 140 million assets locked (TVL) within 30 days of its launch, stabilizing the annualized yield (APY) of staking at 18.7%. It is worth noting that the proposal of the Ecological Fund MP-18 approved the additional issuance of 375 million MANGO for developer incentives, with a potential dilution effect of approximately 15.2% of the liquidity. Historical backtesting shows that such events would trigger a price correction of 13%-19% within 21 days.
Market sentiment has been significantly disturbed by industry events. The draft of the “Regulatory Framework for Crypto Assets” released by the U.S. Securities and Exchange Commission (SEC) on June 25th raised the price sensitivity of mango network to a beta coefficient of 1.8 (that is, a 1% fluctuation in the broader market leads to a 1.8% fluctuation in MANGO). The outstanding contract volume of MANGO futures on the Chicago Mercantile Exchange (CME) has exceeded 78 million, and the premium rate has remained at 1824 million per day. MANGO is expected to rebound to the resistance range of $1.35-1.50 by the end of Q3, with a potential return rate exceeding 28%.