Gate News Report: On March 26, according to Gate's market data, as of press time, MON (Monad) is trading at 0.02658 USD, up 13.53% in the past 24 hours, reaching a high of 0.02732 USD and a low of 0.02278 USD, with 24-hour trading volume of 5.3128 million USD. Current market cap is approximately 288 million USD, ranking 156th globally.
Monad is building a high-performance Layer 1 blockchain for the next generation of decentralized applications. As an Ethereum-compatible high-performance chain, Monad offers 10,000 TPS, sub-second finality, low fees, and scalable decentralization. Monad's mission is to construct blockchains that are 100x to 1,000x faster than its closest competitors.

Gate News reported that on March 19, Web3 wallet application TopNod announced its global user base has exceeded 1 million, with the product reaching this milestone in 170 days since its launch. TopNod officials stated that 1 million is just the starting line, with its core mission being to break down barriers to Web3 adoption and transform complex blockchain underlying technology into real value that all users can experience seamlessly. The team also expressed gratitude to early ecosystem partners and revealed that a major product upgrade for the next phase will be coming soon.

Wintermute CEO Evgeny Gaevoy expressed more criticism than celebration regarding the Ethereum Foundation's mission statement, believing it can maintain the cypherpunk dream. He noted that the short-term impact on Ethereum's price is limited, while the long-term focus should be on goal achievement. He will continue to hold ETH for cultural and Meme reasons.