Monad has successfully launched its public mainnet, marking one of the most significant Layer 1 entries of 2025. The debut of its native token, MON, was met with a striking 40% price surge, a wave of new users, and substantial on-chain activity, positioning it as a standout performer in a otherwise fragile crypto market.
A Powerful Market Debut
The launch of the Monad mainnet on November 24, 2025, triggered an immediate and robust response from the market. The MON token quickly rallied by 40%, reaching a price of approximately $0.042 to $0.046, significantly outperforming the broader crypto market. This impressive price action was underpinned by explosive growth in its holder base, which tripled from 2,400 to over 9,200 within a single 24-hour period, signaling rapid and enthusiastic adoption.
The network demonstrated its high-performance capabilities from day one, processing an average of over 2 million transactions daily. In the first 48 hours, cumulative transactions reached 4.2 million, indicating strong organic usage and engagement rather than artificial inflation. This activity was supported by deep liquidity from immediate listings on major exchanges like Coinbase, Kraken, and Upbit, which helped absorb selling pressure from airdrop recipients and create a stable trading environment.
The Engine Behind the Rally
Several key factors converged to fuel Monad’s successful launch and differentiate it from other recent blockchain debuts. A major element was its strategic token distribution. The project conducted a public sale on the Coinbase token sales platform, raising $269 million from about 86,000 participants at a price of $0.025 per token. This created a broad base of committed holders. Furthermore, with over 50% of the total token supply (allocated to the team, investors, and treasury) locked until 2029, the early selling pressure was limited mostly to airdrop recipients, preventing the drastic post-launch crashes seen with other projects.
Technologically, Monad enters the market as a high-performance, Ethereum-compatible blockchain. It is engineered for exceptional speed, targeting over 10,000 transactions per second (TPS) and sub-second finality, all while maintaining full compatibility with the Ethereum Virtual Machine (EVM). This means developers can deploy their existing Solidity contracts without any code rewrites, leveraging the familiar ecosystem of tools and wallets like MetaMask. The chain’s architecture, which includes features like optimistic parallel execution and a custom database (MonadDB), is designed to enable a new class of high-frequency decentralized applications that were previously not feasible on the EVM.
The ecosystem launched with a strong foundation, featuring deployments of major established DeFi applications like Uniswap and Curve, as well as native projects. This early activity helped push the Total Value Locked (TVL) to an estimated $90 million shortly after launch, reinforcing the perception of a functioning ecosystem rather than a purely speculative asset.
Navigating the Future
While the short-term momentum is strong, Monad’s future will be determined by its ability to sustain growth and navigate future challenges. The current rally is supported by a low circulating supply, but over the medium term, the scheduled unlocking of tokens will introduce consistent sell pressure that the market must absorb.
Long-term success will ultimately depend on fundamental execution. Monad has set high expectations with a fully diluted valuation in the billions. To justify this, it will need to demonstrate sustained growth in TVL, an expanding roster of unique and innovative applications beyond forks of existing dApps, and continued developer traction. For now, Monad has defied the typical post-launch slump, establishing itself as a serious new contender in the competitive landscape of high-performance blockchains.
