Gate News Bot Message, February 11 — According to CoinMarketCap data, at the time of press, MON (Monad) is trading at $0.01937038, up 6.75% in the past 24 hours, with a high of $0.02116249 and a low of $0.01614992. The 24-hour trading volume reached $160 million. The current market capitalization is approximately $210 million, an increase of $13.3 million from yesterday.
Monad is a next-generation high-performance EVM-compatible public chain dedicated to breaking the traditional blockchain trilemma. The chain offers 10,000 TPS throughput, sub-second finality, low transaction fees, and scalable decentralized features. MON is fully compatible with EVM at the bytecode level; Solidity contracts, EVM addresses, infrastructure, tools, and libraries are ready to use out of the box, allowing developers to avoid learning a new development stack.
Monad is equipped with its own MonadDB database and requires low system specifications, enabling validation nodes to run on consumer-grade hardware. This achieves true decentralization from day one and supports a network architecture with over 200 global validation nodes that can flexibly scale as demand grows.
Important recent news about MON:
1️⃣ Mainnet Launch and Token Supply Announcement
The Monad mainnet is officially live, with a total issuance of 10 billion MON tokens. This marks the transition of the public chain from the testing phase to operational status, providing infrastructure support for ecosystem deployment and user participation. The token supply scale establishes a foundation for market liquidity and price discovery.
2️⃣ Market Incentives via Airdrop Mechanism
During the mainnet launch phase, a token airdrop plan was introduced, distributing MON tokens directly to early users and community members to build a user base and boost engagement in the network’s early stages. Such incentives typically attract market attention and trading activity for newly launched tokens.
3️⃣ Initial Listing Performance and Market Pricing
On its first day of trading, MON experienced price pressure and volatility. The current price has retraced from its all-time high, reflecting market caution toward the newly issued token. Over time, market understanding of the project’s fundamentals continues to improve, and the price discovery process is ongoing.
This message is not investment advice. Please be aware of market volatility risks when investing.
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
In the past 24 hours, the entire network liquidated $296 million, with short positions accounting for nearly 80% of the total.
Gate News report: On March 16, according to CoinAnk data, the network liquidated a total of $296 million in the past 24 hours, of which long positions liquidated approximately $63.5177 million and short positions liquidated approximately $233 million. By cryptocurrency: Bitcoin liquidated approximately $101 million, Ethereum liquidated approximately $98.6204 million, SOL liquidated approximately $16.2673 million, and on-chain crude oil synthetic asset XYZ:CL liquidated approximately $7.1913 million.
GateNews50m ago
BTC and ETH Reclaim Top Spots in Trending Cryptocurrencies List
BTC and ETH lead the trending cryptocurrency rankings, while SOL, XRP, and PEPE follow. Their prices remain volatile amid changes in gold and silver values, geopolitical tensions, and impending inflation data influencing investor behavior.
TheNewsCrypto1h ago
Digital asset investment products saw net inflows of $1.06 billion last week, recording capital inflows for three consecutive weeks.
According to CoinShares' latest weekly report, digital asset investment products recorded net inflows of $1.06 billion on March 16, marking three consecutive weeks of increases. Of this, the United States accounted for 96% of inflows, with Bitcoin attracting 75% of the capital. Hong Kong recorded its largest inflows since August 2025, while Germany saw net outflows for the first time.
GateNews3h ago
Cardano Creator Charles Hoskinson Makes Ethereum Foundation an Offer Years After "Divorce" - U.Today
Charles Hoskinson has challenged Vitalik Buterin following the Ethereum Foundation's publication of its Mandate, suggesting it resembles Cardano's governance approach. He argues that Ethereum is trying to emulate Cardano's structure of on-chain governance, highlighting distinct differences in control mechanisms between the two projects.
UToday4h ago
Hyperliquid's 24-hour revenue reaches $1.27 million, ranking third on the list of crypto project revenues
Hyperliquid's 24-hour revenue on March 16 broke through $1 million, reaching $1.27 million, ranking third among cryptocurrency projects. Its 7-day cumulative revenue was $13.15 million. Meanwhile, the HYPE platform token rose more than 5.2% in 24 hours and more than 26% over the past 7 days.
GateNews4h ago
Ripple CTO Pushes Back on Claims About XRP Funding Model
David Schwartz defends Ripple's XRP sales against criticism, arguing they provide liquidity and benefit long-term investors. The debate highlights concerns over corporate growth versus retail holder interests, revealing divisions within the XRP community on transparency and market impact.
Coinfomania4h ago
