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
XRP Today News: Federal Reserve interest rate cut expectations cool down, bulls lose control, falling below $1.40
On February 26, XRP came under pressure due to strong US employment data, with the price dropping from $1.4454 to $1.3862 and closing at $1.4027, a daily decline of 2.16%. Despite the market sentiment being pressured, XRP spot ETFs continued to attract funds, with an average net inflow of $70.26 million at the beginning of the year. If XRP's utility and ETF capital inflows persist, there is potential for the price to decouple. Short-term support is at $1, with a medium-term target of $2.
MarketWhisper9m ago
Pi Network Bullish Flag Pattern Emerges, Potential CEX Listing and Whale Buying Pressure Strong Catalysts
Pi Network (PI) tokens recently rebounded to $0.1700, with a monthly increase of over 31%, and have formed a bullish flag pattern, with the price above major technical indicators. The three main catalysts include the upcoming Stellar protocol upgrade, continuous whale accumulation, and potential CEX listing, which could further drive the price higher. Investors should pay attention to changes in trading volume to assess the reliability of the breakout.
MarketWhisper19m ago
Wall Street and Crypto's "Witch Hunt" Escalation: Lessons from Terra's Past on Jane Street's Compliance Challenges and Market Maker Black Box
By the end of February 2026, the crypto market is shrouded in a strange "coincidence." Over the past few months, Bitcoin often experienced a precise wave of sell-offs at 10 a.m. Eastern Time, popularly dubbed the "Jane Street 10 a.m. dump strategy." However, just this week, with a lawsuit filed in the U.S. Federal Court in New York, this mechanically precise selling pressure suddenly vanished, and Bitcoin along with a number of altcoins surged.
This is not an urban legend but the real turmoil currently faced by Wall Street's top quant giant, Jane Street. As one of the most secretive and profitable trading firms globally, Jane Street has not only been hit with hefty fines last year for allegedly manipulating the Indian derivatives market but is now also entangled in the old case of the 2022 TerraUSD (UST) collapse. Terraform
TechubNews21m ago
Wintermute: Retail investors shift to stocks, establishing cryptocurrency interoperability
Wintermute analysis report shows that retail funds are rapidly flowing into the stock market in 2025, while investments in cryptocurrencies are decreasing, marking a structural shift in the relationship between the two. This trend is driven by the increased attractiveness of the stock market and the reduced volatility of cryptocurrencies, which diminishes their appeal to retail investors. Analysts point out that investors are viewing stocks and cryptocurrencies as interchangeable assets, indicating market maturation and the importance of new retail activities.
MarketWhisper31m ago
The number of wallets holding at least 100 Bitcoin is approaching 20,000, indicating a bullish market signal
Wallets holding more than 100 Bitcoins are about to surpass 20,000, indicating a healthy market. Although Bitcoin's price has fallen 47% from its all-time high, the increase in large wallets may signal growing investor confidence. Market analysts believe that large holder activity and price support will influence a short-term rebound.
GateNews33m ago
Gate Research Institute: BTC implied volatility remains at a 88% high over the past year, with 24H options call spread strategies dominating the market.
Gate Research Institute has observed that the implied volatility of BTC and ETH is rising, indicating an increased market expectation of short-term price fluctuations. Additionally, recent options trading has been predominantly bullish. Gate has upgraded its options VIP fee structure to reduce user costs and attract more traders.
GateNews34m ago
