Introduction: When Solana’s genes were injected into the EVM

In 2023, Solana returned to the center of the crypto stage with a stunning resurgence. From AI infrastructure to SocialFi applications, from Meme craze to high-frequency trading protocols, the innovation and wealth effects of the Solana ecosystem have attracted the attention of the entire industry. On the other hand, the developers and community of Ethereum are caught in a subtle split - disputes over the team structure, EVM performance bottlenecks, slow development efficiency, etc., have left many people confused about the future of Ethereum.

As one of the most popular public chains in recent times, Monad is often well-known for its “parallel execution” feature. In fact, in addition to multiple innovations such as parallel execution and Monad DB, Monad also claims to be the “fastest EVM.”

Monads do not simply copy Ethereum’s code. It is compatible with the EVM ecosystem, but has Solana’s high throughput and low latency genes; it was founded by former core members of Jump Trading and has attracted support from Solana star projects such as Phantom, Pyth, and Backpack.

Monad’s ambition is to allow EVM developers to eliminate the need to compromise performance, allowing Solana’s capital and innovation to take root in the EVM ecosystem. Whether Monad can become the next public chain dark horse, let us find out when the testnet arrives.

The survival rules of public chains: performance, ecology and wealth effect

The methods of success are the same, and the reasons for failure are many.

According to incomplete statistics, at least 10 public chain-level projects will launch tokens or launch test networks in Q1. In such a fiercely competitive public chain track, how can we survive and build an ecology?

1. Real product orientation, not empty narrative.

Hyperliquid’s success confirms this - its Layer 1 architecture specifically designed for financial markets, with 200,000 TPS and sub-second latency, directly meets the needs of high-frequency traders. Public chains must solve real problems instead of relying on empty marketing rhetoric.

True product orientation requires a solid technical foundation. A simple fork is not enough for a public chain to stand out or maintain long-term competitiveness. If you blindly pursue “institutionalized products” and ignore performance optimization and user needs, you will eventually be eliminated by the market.

2. Developers are the blood of the ecosystem

Base establishes deep links with developers through various types of science popularization, incentives, Office hours, etc. before the mainnet is launched.

Solana builds AI and SocialFi into new eco-labels through hackathons and funding support. The development route of the public chain must closely follow the market trend, rather than working behind closed doors.

Activities such as Solana’s Hackathon and Sui’s Pitch Day strongly support developers and inject new vitality into the ecosystem, fully reflecting the importance of developers in the ecosystem.

3. The wealth effect is hard currency

We must admit that in the public chain track, the importance of operations is as critical as the technology itself. Looking back at the previous Movement/Berachain, etc., they also put a lot of effort into their operational strategies and successfully attracted a lot of attention.

The recent Solana Meme/AI coin craze (such as BOME, WIF), Virtuals’ on-chain game token economy, and even $DEGEN on the Base chain have proven that the wealth effect is one of the core driving forces for attracting users. The recent BNB Chain has proved this point. A “$TST” and a MyShell update directly arouse users’ emotions.

A public chain without a “wealth creation story” is destined to have difficulty breaking through the circle.

With technological innovation as the underlying performance advantage, strong support for developers, and the wealth effect around assets, we can work together to achieve long-term healthy development of the ecosystem.

Bullish Monad: Why it could be the next game-breaker?

1. Technological innovation: When EVM meets high-frequency trading engine

Monad is not a fork. In order to make EVM have higher performance, Monad has made four key native innovations to solve the limitations of existing Ethereum-compatible blockchains:

1. MonadDB database: A custom state database optimized for the EVM storage model. Unlike traditional databases, MonadDB stores Merkle Patricia Trie structures directly on disk, reducing overhead and achieving efficient parallel state access.
2. Parallel Execution: Monad executes multiple transactions at the same time, assuming that the initial state remains consistent, thereby improving throughput. Consistency is ultimately ensured by re-executing transactions with conflicting inputs.
3. Asynchronous Execution: By decoupling consensus and execution, Monad allows the entire block time to be used for transaction processing instead of staggered execution during the consensus process, thus greatly increasing the computing bandwidth of the network.
4. Monad BFT: A Byzantine fault-tolerant consensus mechanism based on HotStuff, which reduces the communication stage from three rounds to two rounds, advances rounds based on actual network delay, and improves performance. The consensus mechanism requires only modest hardware, making it easy for anyone to run a node.

For more details, refer to: https://docs.monad.xyz/

These innovations enable Monad to achieve superior performance while being fully EVM compliant, ensuring developers can easily migrate their applications without any modifications. This not only breaks the performance bottleneck of EVM, but also provides strong support for developers and ecosystem innovation, attracting more developers to join, and becoming an important foundation for the flourishing development of the ecosystem.

2. Ecological support: Centered on Builder, providing unlimited space for innovation

Mach, Foundry, Madness, Jumpstart, Monad 101, evm/accathon… As an emerging public chain, Monad provides the most types of support plans for developers and projects.

• Mach: Provide coaching, financing and other related support to the team through the online Mach-1 & Mach-2 acceleration program.
• Foundry: Providing co-work space for project partners to inspire each other’s inspiration and innovation.
• Madness: Monad’s offline large-scale project roadshow event has been held in New York and Bangkok so far. There have been more than 10 projects and nearly one million US dollars in funding support has been received on site. Monad Madness HongKong will be held in April.
• Jumpstart: Invite outstanding Web3 Builders to provide development guidance for Monad ecological projects.
• Monad 101: An offline event in the Monad ecosystem, providing developers and communities with opportunities to connect with each other.
• evm/accathon: Unites multiple ecological partners to provide top-level support from the Monad team and top people in the encryption field.

Through diversified ecological support and community building, Monad provides developers with comprehensive empowerment. Obviously, Monad is not in a hurry to go online, but is focused on cultivating the ecosystem and incubating innovation, especially supporting native projects. This is also a manifestation of Monad’s long-termism.

Many iconic projects have emerged in the Monad ecosystem, such as:

Innovative CLOB protocol Kuru;

MEV&LSD protocol aPriori with over 10 million financing;

Token issuance becomes a gamification of “teaming up to fight monsters” Launchpad Nad.fun;

Mozi Wallet, which lowers the threshold for using Web3 through Telegram integration and gamified revenue management;

Trading “narratives” and adding leverage to narratives;

Although these projects may not be able to surpass Solana’s leading application in the short term, they are building a unique ecological label and innovation for Monad.

3. Funding logic: Solana genes and capital support

Monad’s founding team comes from Jump Trading, a high-frequency trading giant that was an important early promoter of Solana. Jump’s background injects two major genes into Monad:

• Technical strength: From parallel execution to pipeline optimization, Monad’s architectural design clearly bears the imprint of high-frequency trading;
• Capital Network: Backpack/Phantom wallet has publicly announced that it will support Monad as soon as possible, and the Pyth oracle will also give priority to supporting Monad… These “old friends” of the Solana ecosystem are paving a golden track for Monad.

In addition, Monad’s $225 million in financing (from top institutions such as Paradigm and Dragonfly) provides ample ammunition for its ecological support. Just as Multicoin cultivated the Solana ecosystem, Monad’s capital is replicating this path.

Standing at the crossroads of EVM and Solana, reshaping the spring of EVM

Injecting Solana performance into the EVM isn’t just about narrative.

Solana represents high performance; EVM represents friendliness to more developers.

More importantly, Monad is not a fork, but redesigns the underlying architecture of EVM through native innovation, allowing EVM to compete head-on with Solana for the first time.

It is neither a replacement for Ethereum nor a replica of Solana, but a “new species” that attempts to bridge the rift between the two ecosystems.

For developers, Monads provide performance upgrades without compromise;

For capital, it is the continuation of Solana’s genes in the EVM ecosystem;

For users, it is a low-threshold, highly interactive entrance to life on the chain.

The challenge remains: how to balance decentralization with high performance? How to avoid falling into the doubt of “capital game”? How to establish a unique advantage in competition with Solana and Hyperliquid?

Can Monad recreate the golden age of EVM?

The emergence of Monad has injected a boost into the EVM ecosystem. When the fastest EVM meets Solana’s capital and innovation, this experiment may redefine the rules of public chain competition.

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