Decentraland (MANA) — Is the Metaverse Token Making a Comeback?

Decentraland (MANA) is once again catching attention in the crypto market. As of today, the token is trading at $0.2815, backed by a 24-hour trading volume of $67.34 million. Over the past 24 hours, MANA has seen a price increase of 5.97%, despite a small hourly dip of -0.85%.

Read Decentraland Price Prediction for More Insights

Understanding the Current Market Signals

Looking at the technical data:

• 50-day Simple Moving Average (SMA): $0.2637 — suggests short-term strength

• 200-day SMA: $0.3872 — shows MANA still trades below its longer-term average

• Circulating Supply: Over 1.94 billion MANA tokens are currently in circulation

These indicators show the token is building momentum but still has room to recover fully.

Decentraland’s Journey So Far

Launched in 2017, Decentraland quickly became one of the leading names in the virtual reality and gaming space. During the 2021 crypto and metaverse boom, MANA’s market cap soared to $8.5 billion, becoming a favorite among investors. But as the VR hype cooled, MANA’s price also dropped, reflecting the slowdown across the sector.

Also Read: PEPE Price Prediction 2025, 2026 – 2030

Why Interest in MANA Is Growing Again

In today’s world, where many face stress and challenges, virtual worlds offer a new form of escape. Decentraland has continued to improve its platform and attract users. This, along with a loyal community, is helping the project regain attention.

What the Crypto Community Is Saying

• @99BitcoinsHQ reported a 16% weekly gain, with rising metaverse interest.

• @WHALES_CRYPTOzz highlighted a possible bounce from a falling wedge, setting a price target of $1.72 if the trend continues.

• @ETHgemsniper called MANA a “top metaverse gem,” advising dip-buyers to watch for targets between $1.5 and $3.

• @BiconomyCom named MANA their “hot token of the week,” praising its role as a VR hub on Ethereum.

Decentraland might have lost value since its peak, but it has not lost its place in the metaverse conversation. With fresh updates, community support, and growing interest in virtual experiences, MANA could still surprise investors in the coming months.