Gate News Bot Message, December 25th, according to CoinMarketCap data, as of press time, MON (Monad) is trading at $0.02, up 16.14% in the past 24 hours, reaching a high of $0.02 and a low of $0.02. The 24-hour trading volume is $153 million. The current market cap is approximately $256 million, an increase of $35.5 million from yesterday.
MON is a next-generation high-performance public chain compatible with Ethereum, aiming to provide 10,000 TPS transaction processing capability, sub-second finality, low fees, and a scalable decentralized network. As a parallel EVM blockchain, MON is fully compatible with Ethereum at the bytecode level, allowing direct use of Solidity contracts, EVM addresses, infrastructure, tools, and libraries. MON uses a custom database and low system requirements design, enabling validation nodes to run on consumer-grade hardware, with over 200 validation nodes, achieving true decentralization from day one and flexible scalability as demand grows.
Important recent news about MON:
1️⃣ Flagship Ecosystem Project LeverUp Sets Fundraising Record
Monad ecosystem’s Perp DEX LeverUp, as the first PancakeSwap Launchpad project, achieved an astonishing 678x oversubscription during its fundraising phase, with a total subscription amount of $61 million. The project’s token price broke $0.065, setting a new high, with FDV surpassing $64 million. LeverUp protocol has long maintained the top position in Monad native dapp revenue and has partnered with PancakeSwap to launch trading competitions to boost ecosystem activity. This achievement fully demonstrates the market’s high recognition of Monad ecosystem projects and the strong influx of funds.
2️⃣ DeFi Ecosystem Tier Construction Improved
The top ten projects by on-chain TVL on Monad have formed a clear tier distribution, with Morpho Labs leading at $90.3 million TVL, followed by upshift_fi ($82.3 million) and Curvance ($57.9 million), including well-known DeFi protocols such as Uniswap, Gearbox Protocol, and Curve Finance. This indicates that Monad has successfully attracted more mature DeFi ecosystem projects, accumulating sufficient liquidity and capital for on-chain applications, laying a solid foundation for continuous development.
3️⃣ Market Hotness Continues to Rise
Recently, MON has ranked among the top three in market hotness rankings, only behind SmarDex. Over the past week, MON has repeatedly shown strong performance, with a 10.84% increase in 24 hours on December 17th, with a trading volume of $149 million, and a market cap increase of $22.8 million, reflecting sustained market attention and strong capital inflow into Monad. The recent 16.14% 24-hour increase further continues this upward trend.
This message is not investment advice; please be aware of market volatility risks.
Disclaimer: The information on this page may come from third parties and does not represent the views or opinions of Gate. The content displayed on this page is for reference only and does not constitute any financial, investment, or legal advice. Gate does not guarantee the accuracy or completeness of the information and shall not be liable for any losses arising from the use of this information. Virtual asset investments carry high risks and are subject to significant price volatility. You may lose all of your invested principal. Please fully understand the relevant risks and make prudent decisions based on your own financial situation and risk tolerance. For details, please refer to
Disclaimer.
Related Articles
XRP Ledger reaches 120 TPS, activity surges but the price remains "stagnant."
The XRP ledger is experiencing unusual activity, processing 600-700 transactions per block and over 120 transactions per second without increasing fees. This surge is mainly due to decentralized exchange (DEX) activities, particularly mass order cancellations. Despite the increase in on-chain activity, XRP's price has not reacted, indicating a disconnect between network activity and market response.
TapChiBitcoin3m ago
Today’s Crypto Fear and Greed Index has fallen to 9, and the market is in extreme fear.
Gate News message, March 29, according to data from Alternative.me, today the Crypto Fear & Greed Index has fallen to 9, down further from yesterday’s 12, and the market is still in an “extreme fear” state.
GateNews1h ago
Bittensor (TAO) Hits a 3-Month Peak: What Caused the Rally and What Comes Next?
Many leading cryptocurrencies have posted slight declines or negligible increases over the past 24 hours, but this isn’t the case for Bittensor (TAO), whose price soared by 15%.
The question now is whether this momentum can hold or if a pullback is coming next.
Further Gains
CryptoPotato2h ago
ETH falls 0.85% in 15 minutes: Exchange outflows and ETF trimming in sync amplify volatility
From 23:00 to 23:15 (UTC) on March 28, 2026, the price of ETH fluctuated downward within the range of 1,989.32 to 2,012.0 USDT, recording a return of -0.85%, with a volatility of 1.13%. During this period, market attention increased, and short-term fluctuations intensified, prompting traders to closely monitor the performance of key support zones.
The main driver of this volatility is the continuous outflow of ETH from major exchanges to on-chain wallets since March, with a total outflow of 31.6 million coins, leading to a contraction in exchange liquidity and causing prices to be sensitive to large orders. Meanwhile,
GateNews2h ago
Is the XRP Bottom Finally Here? 3 Massive Bullish Signals You Need to See
Although in a more modest manner, XRP whales have returned to the scene, amassing more tokens over the past week, which is categorized as the first bullish sign for the underlying asset.
Another could come in the form of the technical tool used to determine whether that asset’s move in either
CryptoPotato3h ago
