MON (Monad) has risen 39.95% in the last 24 hours, with a current market capitalization of approximately $491 million.

Gate News Bot news, on November 26, according to CoinMarketCap data, as of the time of writing, MON (Monad) is currently priced at $0.05, having risen 39.95% in the last 24 hours, with a peak of $0.05 and a low of $0.02. The current market capitalization is approximately $491 million, an increase of $140 million compared to yesterday. It is currently ranked 97th.

Monad is a next-generation blockchain compatible with Ethereum, capable of processing 10,000 transactions per second, with sub-second finality, low fees, and scalable decentralization. Monad is fully EVM compatible, supporting Solidity contracts, EVM addresses, infrastructure, tools, and libraries out of the box. The network has over 200 validators, and by using a customized database and low system requirements, validators can run nodes on consumer-grade hardware.

Important news about MON recently:

1️⃣ Mainnet officially launched, multiple core functions simultaneously released The Monad mainnet officially launched on November 24th. Circle announced that USDC, CCTP, Circle Wallets, and Circle Contracts are now available on the Monad network, providing secure, always-on settlement capabilities for high-performance DeFi, enabling seamless cross-chain interoperability, and enterprise-level developer services. This marks the initial scale of the infrastructure for the Monad ecosystem.

2️⃣ Comprehensive integration of security infrastructure to safeguard ecological development Web3 security infrastructure provider GoPlus announced that its core security services have been fully integrated into the Monad mainnet. This integration provides Monad developers with key security capabilities such as transaction security APIs, malicious address identification, and real-time risk detection for authorized actions. In addition, GoPlus SafeToken Locker is also supported, helping to enhance project transparency and community trust.

3️⃣ Ecological projects accelerate deployment, enriching network application scenarios With the mainnet launch, multiple ecological projects have announced their deployment on Monad. FastLane Labs launched a points system to reward users who contribute to Monad; the meme token issuance platform Clanker will also deploy on the mainnet launch day. In addition, Mu Digital completed a $1.5 million Pre-Seed round of financing and plans to launch products such as Asia Dollar (AZND) and muBOND on the mainnet launch day, bringing high-yield credit from Asia on-chain.

From a technical perspective, the total supply of the MON token is 100 billion, which has undergone a 1:100 ratio adjustment from the previously announced 1 billion MON points. This adjustment may affect the short-term market supply and demand relationship. At the same time, trading platforms such as Gate have completed the corresponding order updates and will open the MON/USDT trading pair on November 24, providing liquidity support for MON.

This message is not intended as investment advice; please be aware of market volatility risks when investing.