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
Will XRP Hold $1.33 or Extend Toward $1.30 Before Rebound?
XRP is currently trading at $1.35, experiencing a 1.3% decline. Key support is at $1.34, while resistance is at $1.40. The price is testing around the Fibonacci levels of $1.33 and $1.30, crucial for potential upward movement or deeper decline.
CryptoNewsLand28m ago
Dogecoin Monthly Breakdown Pattern Reappears as Price Tests $0.0918
Dogecoin is currently trading at $0.09205 at a gain of 2.3, with support of above $0.08878.
As can be seen in the monthly chart, there are recurring breakdown areas that have been followed by significant expansions in price.
The short-term trading range is narrow and the immediate point o
CryptoNewsLand32m ago
Solana Nears $95 Resistance With $17B Volume Surge
Solana approaches a key resistance level near $95, with increased trading volume and open interest signaling active trader interest. The token is currently at $90.20, facing potential upward movement if it surpasses $95, but may test $85 if rejected.
CryptoFrontNews57m ago
Bitcoin Slips to $68,000 as Middle East Conflict and US Jobs Data Trigger Sell-Off
Bitcoin surrendered its $70,000 support level, triggering a broader crypto market retreat that wiped out $329 million in leveraged positions. This downturn was fueled by a perfect storm of geopolitical and macroeconomic pressures.
Wiping out the ‘War Gains’
Bitcoin’s midweek resilience
Coinpedia57m ago
PEPE Hovers at Critical $0.053414 Support as $432M Volume Surge Tightens Breakout Watch
PEPE is trading at $0.053416, just above support at $0.053414, with significant trading volume up 22.14%. Resistance is at $0.053676. Despite a slight decrease in price, there’s increased market activity, suggesting potential volatility.
CryptoNewsLand1h ago
DXY Retest at 99.183: Will 100–101 Break as US Degen Index Stabilizes?
DXY trades at 99.183 while retesting the 100–101 monthly resistance zone.
US Degen Index 6900 sits at $0.0001197 with support at $0.0001175 and resistance at $0.0001214.
A break above 101 on DXY would shift structure higher, while rejection keeps price below key resistance.
The U.
CryptoNewsLand1h ago
