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.
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
Famous trader The White Whale announces its exit, and the WhiteWhale token is down about 50% today
The White Whale meme coin crashed by approximately 50% on March 27, with a market cap dropping to $12 million. The well-known trader The White Whale announced his exit from the leadership role and locked up 500 million tokens. He feels exhausted due to family crises and community pressure, gradually losing enthusiasm. Investors need to be cautious of the high volatility and risks associated with meme coins.
GateNews6m ago
Flare XRP DeFi growth is sluggish, with fewer than 80 new users added daily.
Since the launch of the Flare Network's XRP DeFi ecosystem six months ago, new user growth has fallen far below expectations, with an average of only 76 new users per day. The native token FLR has seen a significant price drop since the airdrop in 2023, leading to stagnation in ecosystem development, with major challenges in user expansion and asset locking.
GateNews2h ago
Crypto Market Drops As $BTC and $ETH Fall With Persisting Fear Index
The global crypto market is experiencing a downturn, with a total market cap of $2.36T and significant declines in Bitcoin and Ethereum prices. Major gainers like Black Phoenix have surged dramatically. DeFi and NFT sectors are also seeing decreases, alongside regulatory actions in India and the UK.
BlockChainReporter2h ago
Euro stablecoin trading volume is cut in half! Why do dollar stablecoins still dominate the crypto market?
By 2026, stablecoins in the cryptocurrency market will be more inclined towards the US dollar. Despite the EU launching the MiCA regulatory framework, the trading volume of euro stablecoins has decreased to about $100 million, lacking liquidity. In contrast, the monthly trading volume of dollar stablecoins remains at the trillion-dollar level, showing a clear advantage. In the future, euro stablecoins are expected to see some growth, but the dominance of the dollar in the market remains hard to shake.
GateNews2h ago
Ripple executives urgently refute rumors: There is no "secret XRP contract," social media misinformation stirs up waves again.
Rumors surrounding the "secret XRP contract" spread rapidly in 2026, with Ripple's Chief Technology Officer David Schwartz publicly denying it, emphasizing that no pre-allocation agreement had ever been confirmed. This incident originated from misleading posts on social media, drawing market attention and highlighting issues in the dissemination of cryptocurrency information, reminding investors to verify sources when confronted with sensitive news.
GateNews2h ago
CEX CEO: The US stock market evaporated over $1 trillion in a single day, while Bitcoin's performance remained relatively stable.
On March 27, a CEX CEO said that the sharp drop in U.S. stocks reflects a rapid repricing of macro risks across global markets. Rising oil prices and geopolitical impacts are influencing global capital allocation. Despite Bitcoin’s short-term high volatility, its relatively resilient performance suggests that leverage in the crypto market is falling, and some investors view Bitcoin as a neutral allocation choice.
GateNews2h ago
