MON (Monad) increased by 8.06% in the past 24 hours

Gate News Bot Message, February 13 — According to CoinMarketCap data, at the time of press, MON (Monad) is trading at $0.02, up 8.06% in the past 24 hours, with a high of $0.02 and a low of $0.02. The current market capitalization is approximately $225 million, an increase of $16.8 million compared to yesterday.

Monad is a high-performance EVM-compatible blockchain built for scalability, offering 10,000 TPS throughput, sub-second finality, low fees, and scalable decentralization. The chain is fully compatible at the bytecode level with EVM, with Solidity contracts, EVM addresses, infrastructure, tools, and libraries ready to use out of the box. Monad employs a custom database and low system requirements design, allowing validators to run nodes on consumer-grade hardware, enabling a truly decentralized network. Over 200 validators are already participating in network operation.

Important Recent News about MON:

1️⃣ Mainnet Launch and Token Supply Confirmation
The Monad blockchain has officially gone live, with a confirmed supply of 10 billion MON tokens. After the mainnet launch, airdrop distribution was conducted, providing initial token access to ecosystem users, marking the project’s transition from testing to practical application.

2️⃣ Market Performance on First Day of Trading and Liquidity Building
Although MON experienced market fluctuations during its first day of trading, its market cap has already reached $225 million, indicating ongoing market interest in the project. The 8.06% 24-hour increase reflects investor confidence in Monad’s high-performance public chain technology.

3️⃣ Ecosystem Validator Network and Decentralization Foundation
Currently, over 200 validators participate in network operation, providing substantial support for network security and decentralization. The design allowing nodes to run on consumer-grade hardware lowers participation barriers and helps expand the validator base further.

This message is not investment advice. Investors should be aware of market volatility risks.