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
Dogecoin Tests $0.090 Support After 3.4% Drop as Traders Watch Key Price Range
Dogecoin is currently trading at $0.09061 which is a drop of 3.4 percent, and the price is close to the important level of $0.09011 support.
The chart indicates a series of tests of the support zone of $0.089-$0.090, and the closest resistance is represented by $0.09353.
A hold of
CryptoNewsLand56m ago
PEPE Price at $0.053259 as Tight Range and Falling Volume Shape Short-Term Market Activity
PEPE was traded at $0.053259 and has recorded a 3.0 percent fall in value but it is within a thin band of support and resistance.
The market exhibited a volume of 235.15M in 24 hour trading, which is a decline of 19.16% reflecting less trading activity.
Technical indicators are not
CryptoNewsLand1h ago
XRP ETF Performance Praised as 'Really Impressive' by Bloomberg - U.Today
XRP ETFs have shown resilience amid a 45% price drop, attracting significant capital despite typical market behavior. Bloomberg's Eric Balchunas highlights strong investor support. Despite recent outflows, the funds retain substantial assets, indicating community dedication.
UToday1h ago
Crypto Shines Amid Middle East Oil Shock and Market Selloff
Bitcoin remains stable amid market turmoil fueled by rising oil prices and inflation, outperforming traditional assets. Its reduced leverage limits forced selling, attracting long-term investors eyeing potential gains in a volatile landscape.
CryptoFrontNews1h ago
XRP Holds $1.34 Support While Leverage Heatmap Highlights $1.30 Risk Zone
XRP is trading at $1.36 in a tight range of support at $1.34 and resistance at $1.37.
The heatmap data indicates that there is a huge amount of long positions in the range of $1.30.
Should prices fall to around $1.30, long positions with high leverage in this region might
CryptoNewsLand2h ago
ETH drops 1.07% in 15 minutes: whale fund concentration triggers short-term pullback
March 10, 2026, 18:00 to 18:15 (UTC), ETH's return within the 15-minute candlestick was -1.07%, with price fluctuations ranging from 2049.1 to 2073.15 USDT, an amplitude of 1.16%. During the same period, market trading volume significantly increased by over 32%, large on-chain fund flows occurred frequently, triggering short-term market sentiment fluctuations, rapidly increasing attention, and intensifying volatility risks.
The main driver of this abnormal movement is the concentrated sell-off by whale funds. On-chain data shows that within this time window, there were four large transfers exceeding 5000 ETH, all flowing to a major...
GateNews2h ago
