How high can Mantra [OM] go in 2025?

Key takeaways

MANTRA’s volatile 2025 includes a dramatic price crash, strategic token burns, and an ambitious pivot to real-world asset tokenization, all hinging on market forgiveness and successful execution of key partnerships.

Mantra’s [OM] journey through 2025 has been anything but smooth.

 The year began under a cloud of controversy following a devastating 90% price collapse on the 13th of April, which erased roughly $5.5 billion from its market cap. 

The team attributed the crash to a massive forced liquidation on a centralized exchange during a liquidity crunch, but whispers of insider dumping and a potential rug pull still linger. 

Although the token has rebounded 46% since July, investor trust remains fragile.

Mixed forecasts and investor sentiment

 OM has surged nearly 37% over the past month, trading at $1.04 at press time.

This rally is largely driven by Mantra’s price stabilization efforts. Since April, the team has burned over 300 million OM tokens—including 150 million from co-founder John Mullin’s allocation—reducing supply and increasing staking rewards.

Mantra also launched a buyback program, using platform revenue to repurchase OM tokens, adding further support to price stability.

Technical analysts suggest a conservative range between $0.33 and $0.41, while die-hard supporters envision a dramatic recovery to $2.01, banking on flawless execution and a broader market upswing.

Community-backed token burns

In an effort to restore confidence, CEO John Patrick Mullin publicly burned his personal and core contributor token allocations—a move that received overwhelming support in a community poll. However, the damage was partly self-inflicted. 

Back in October 2024, MANTRA doubled its token supply to over 1.77 billion and shifted to an inflationary model, initially set at 8% before being dialed back to 3%. 

The rationale was to fund staking rewards and ecosystem development, but the decision rattled the community. 

Critics pointed to the high concentration of tokens—over 52% held in the top 10 wallets before the crash—as a major vulnerability.

Strategic shift toward RWA tokenization

MANTRA’s comeback strategy hinges on its ambition to dominate the Real-World Asset (RWA) tokenization space, a market projected to reach $16 trillion by 2030. 

The centerpiece of this strategy is a $1 billion deal with Dubai’s DAMAC Group to tokenize real estate assets, set to launch in early 2025. 

A partnership with Google Cloud, which now serves as a key network validator and incubator for new projects, adds technical credibility. 

To fuel this vision, MANTRA has established a $108 million ecosystem fund and secured deals to bring agricultural assets via Dimitra and sports assets through WIN Investments onto its chain.

Dubai advantage and regulatory clarity

Operating out of Dubai gives MANTRA a strategic edge. 

The UAE’s clear digital asset regulations and its Virtual Asset Service Provider (VASP) license from VARA provide a stable regulatory foundation that competitors like Ondo Finance, Polymesh, and Centrifuge may envy. 

This clarity is designed to attract the institutional capital MANTRA needs to thrive.

The road ahead

Looking ahead, 2025 is shaping up to be a high-stakes balancing act. Success depends on the DAMAC deal delivering real volume, a supportive crypto bull market, and continued token burns that create genuine scarcity. 

Failure, on the other hand, could see the memory of April’s crash scaring off new investors, while inflation and scheduled token unlocks keep prices suppressed. 

At this point, MANTRA’s future isn’t just about its technology or roadmap—it’s about whether the market is willing to forgive and move forward.