No one can reliably say where MANA will trade in 2027 or 2030. What can be measured is where it trades now and what is changing. On 25 October 2026 MANA traded at about $0.078, according to CoinGecko. That is 67.4% below its level a year earlier and about 98.7% below its all-time high of $5.85 on 25 November 2021. In the past 30 days it peaked at about $0.105 on 6 October and has fallen almost every week since. The year-by-year price targets that circulate for MANA come from models with no published track record. This page sets out the current numbers and the October 2026 developments inside Decentraland that matter more to the token than any target.
MANA by the numbers (25 October 2026)
| Metric | Value | Source |
|---|---|---|
| Price | ~$0.0782 | CoinGecko, 10:04 UTC |
| Market capitalisation | ~$153.2 million (rank 204) | CoinGecko |
| 1-year change | -67.42% | CoinGecko |
| All-time high | $5.85 (25 Nov 2021) | CoinGecko |
| All-time low | $0.0092 (30 Oct 2017) | CoinGecko |
| Circulating supply | ~1.958 billion MANA | CoinGecko |
| Total supply | ~2.193 billion MANA | CoinGecko; matches the Ethereum contract on Etherscan |
| Maximum supply | None listed | CoinGecko |
| Holders (Ethereum contract) | 280,088 | Etherscan |
The last 30 days
According to CoinGecko's daily closes, MANA moved from about $0.093 on 26 September to $0.089 on 2 October. It jumped to about $0.10 on 3 October and held that level until 8 October, with the 30-day high near $0.105 on 6 October. It has drifted lower since, to about $0.080 on 25 October. The rally did not last, and the price is now below where it started the month.
What MANA is and what it does
MANA is an ERC-20 token on Ethereum (contract 0x0F5D2fB29fb7d3CFeE444a200298f468908cC942). Decentraland's documentation describes two versions in use:
- Ethereum MANA buys LAND, NAMEs and some special wearables.
- Polygon MANA buys most wearables and emotes.
LAND is a separate ERC-721 (non-fungible) token. Etherscan shows 92,598 LAND tokens held by 6,883 addresses.
MANA also carries governance weight. Decentraland's DAO user guide states the rules:
- 1 MANA contributes 1 vote (VP), wrapped or unwrapped.
- 1 NAME contributes 100 VP.
- 1 LAND parcel contributes 2,000 VP. An Estate counts 2,000 VP for each parcel it contains.
Voting power is fixed at the moment a proposal is created.
How much Decentraland DAO voting power do you hold?
Enter the MANA, NAMEs and LAND parcels you hold to see your voting power (VP) under the DAO user guide's rules.
| MANA you hold (wrapped or unwrapped) | Decentraland NAMEs you hold | LAND parcels you hold, including parcels inside an Estate | Your voting power |
|---|---|---|---|
| 100 MANA | 1 NAMEs | 0 parcels | 200 VP |
| 1,876,251 MANA | 0 NAMEs | 87 parcels | 2,050,251 VP |
| 0 MANA | 1 NAMEs | 1 parcels | 2,100 VP |
- Holdings are your own inputs; the multipliers (1 VP per MANA, 100 VP per NAME, 2,000 VP per LAND parcel) come from Decentraland's DAO user guide.
- The first example uses the 1,876,251 MANA and 87 LAND parcels listed in the former DAO Committee multisigs; ETH/WETH and DAI add no voting power.
- Voting power is fixed at the moment a proposal is created, so holdings bought later do not count on that proposal.
This applies only the DAO user guide's counting rules to your inputs: it leaves out delegated voting power, says nothing about MANA's price or value, and cannot show whether a given amount would decide a vote.
What changed in October 2026
Each item below comes from a first-party post on Decentraland's own forum.
Governance: the old multisigs changed hands (6 October)
DCL Regenesis Labs reported that control of the former DAO Committee multisigs had been handed over. This followed a DAO vote on 10 October 2025 to deprecate and replace the Committee. The two wallets, one on Ethereum and one on Polygon, are now controlled by five signers designated by the DAO Council, and any three can sign. The post valued the wallets at about $1.8 million and listed their holdings:
- 560.41 ETH/WETH
- 70,636.84 DAI
- 1,876,251 MANA
- 87 LAND parcels
The DAO Council has not yet said what it will do with these assets. A separate DAO proposal that would return multisig funds to the DAO Treasury was posted on 28 September.
Marketplace: an old order-signing flaw retired (6 October)
A post-mortem described a bug in the old Off-Chain Marketplace V1 and V2. In rare cases a buyer could accept a listing the seller had already cancelled. This required an EIP-7702 smart account from a wallet that accepts more than one form of the same signature. A security researcher reported it privately in May 2026. The team says:
- V3, released in September 2026, is now the default for new listings.
- V1 and V2 are paused and retired on Ethereum and Polygon.
- Affected listings were "less than 3,3%" of the total.
- No assets were lost.
Sellers whose items were listed on the old versions have to list them again.
Names: a recovery plan voted down
A DAO proposal posted on 26 September referred to a theft involving the Decentraland Names contract. It proposed deploying a new NAME contract from a snapshot taken before the theft. The proposal was rejected, 69% No (2,440,009 VP from 3 votes) to 31% Yes (1,147,667 VP from 6 votes). The proposal does not describe what was taken or how.
The vote also shows how concentrated governance can be: nine wallets decided a proposal about a core contract.
Product: the Foundation's Q3 report (22 October)
The Decentraland Foundation's 2026-Q3 report focuses on whether players come back. Its figures:
- Return after one day (Discovery D1 retention): rose from 10.4% at the start of the quarter to 13.3% in mid-August.
- Return after seven days (D7 retention): rose from 17% to roughly 23–26%, against a 28% target.
- Studio scenes with D7 retention above 20%: about 3 by mid-August, against a target of 10.
- Desktop client: 29 minor versions and patches shipped.
- AWS bill: cut by about 24% a month.
- Wearable and emote publishing fee: cut from $100 to $5 per item.
For Q4 the report lists a creator fund that pays for returning players. Before payouts start, a trial week without payouts is planned. The report gives no daily or monthly active-user totals. The Foundation also says it changed its counting in September to filter out test sessions and bots, so the trend figures are noisy.
What would actually move MANA
Rather than a price target, the data points to four factors to watch.
- Usage MANA is needed for. Demand for the token comes from LAND, NAME and wearable purchases and from governance. Retention is improving but still below the Foundation's own targets, and no active-user totals are published.
- The broader crypto market. MANA has been a high-volatility asset. From $5.85 in November 2021 it has lost about 98.7%, far more than the large-cap market. In weak markets it has tended to fall harder.
- Governance and treasury decisions. The DAO Council now controls about 1.88 million MANA in the former Committee wallets. Any decision to sell, hold or redeploy those assets will be public on the forum.
- Security and trust. The marketplace fix and the unexplained Names incident are the kind of events that affect confidence in a platform whose assets live in smart contracts.
Why year-by-year targets fall short
Year-by-year targets, probability percentages for MANA reaching $1, indicator readings and Fibonacci levels rarely come with a published method. Indicator readings are snapshots that go stale within days. Forecast sites publish ranges that differ widely and are revised as the price moves, so a range tends to follow the market rather than predict it. For MANA, the forum and the Foundation's quarterly figures say more about future demand than any of those numbers.
