Monad's First 24 Hours in the Market: Price Movement, Key Updates, and Integrations

The launch of the Monad mainnet was a hot topic in the blockchain industry on November 24. 

The Layer 1 blockchain, focused on scalability and Ethereum Virtual Machine compatibility, launched its public mainnet, marking the start of its operations in the blockchain sector. 

The launch occurred alongside the Token Generation Event (TGE) for its native MON token, with an initial circulating supply of 10.83 billion tokens out of a total supply of 100 billion. In the first 24 hours, the network processed over 2 million transactions, while the MON token saw significant price fluctuations, reaching a high of $0.038 and a low of $0.02201, according to Coingecko. 

Monad Launches Mainnet: Key Details 

Monad mainnet launch followed a $269 million token sale and multiple testnet phases. The blockchain platform positions itself as a solution to Ethereum's scalability issues, offering throughput of up to 10,000 transactions per second with sub-second finality. It maintains full bytecode compatibility with EVM, allowing developers to deploy existing smart contracts without changes. The network uses optimistic parallel execution, where transactions are processed simultaneously rather than sequentially.

Monad's consensus mechanism, MonadBFT, is based on HotStuff and optimizes communication among nodes to speed up block finalization. Execution is asynchronous, separating it from consensus to finalize transaction ordering before processing. 

The system includes MonadDB, a state-management database that supports parallel execution and reduces hardware requirements per node. Gas fees on the network are designed to remain low as capacity increases.

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At launch, 89.17% of the total token supply was locked under vesting schedules for the team, investors, and ecosystem development, with one-year cliffs for team and seed allocations. The public sale accounted for 7.5 percent of the supply. Additionally, the protocol issued an airdrop of 3.33 billion MON tokens.

MON Price Movement: How Did the Token Perform in the First 24 Hours?

$MON Trading began trading at $0.0221 across several exchanges, including Coinbase and MEXC, as well as on decentralized exchanges via cross-chain bridges like Wormhole's Sunrise on Solana. The protocol also shared a tweet, revealing the number of exchanges where users can interact with its native asset. 

As with every token that issues airdrops, there was selling pressure, and public sale unlocks led to a sharp decline, hitting a low of $0.02056 around 19 hours after launch. The price then recovered, reaching an all-time high of $0.038. This volatility occurred amid the current market downturn, during which the overall cryptocurrency market capitalization had fallen by more than $1 trillion since October 2025, and sentiment indicators showed extreme fear. 

Nonetheless, it is worth noting that premarket trading for $MON reached $0.60, but that is obviously not the case upon launch. Whether the price reaches that level remains to be seen. In the meantime, the token is up by 23% in the last 24 hours. 

Network Performance and On-Chain Activity

Following its launch, Monad's mainnet demonstrated sustained throughput exceeding 60 transactions per second, with peaks approaching the 10,000 transactions per second target. Block times averaged 0.4 seconds, and finality was achieved in under 0.8 seconds. The network handled millions of transactions across more than 16,800 unique addresses, supported by 170 active validators.

Overall, the launch avoided major technical failures, though some users reported failed transactions during peak demand.

The performance aligned with Monad's design, where parallel execution and the MonadBFT algorithm enabled efficient processing.

New Integrations and Ecosystem Developments

Monad's Ethereum Virtual Machine compatibility facilitated rapid integrations. In the first 24 hours, over 50 applications went live, including decentralized exchanges, lending protocols, and consumer tools. Bridges such as the official Monad Bridge, Portal, Stargate Finance, Jumper Exchange, Mayan Finance, and Wormhole's Sunrise enabled cross-chain transfers, with early trading on Solana DEXes. Decentralized exchanges included Kuru Exchange, Monorail, Uniswap, PancakeSwap, and Curve Finance. 

Decentralized finance protocols like Curvance for lending, Pendle for yield loops, and liquid staking options for MON tokens were deployed.

 Wallets compatible with MetaMask and tools like GMGN.ai and GeckoTerminal supported trading and tracking.

Other integrations included Non-Fungible tokens via OpenSea, artificial intelligence-driven strategies via Infinit Labs, and real-life incentives via LootGo. Memecoin launchpads and rewards campaigns were introduced, along with validator infrastructure. These additions leveraged Monad's asynchronous execution and MonadDB for state access, reducing barriers for developers migrating from Ethereum.

Future Considerations for Monad?

As Monad enters its operational phase, attention turns to metrics like total value locked and application adoption. Incentives and low gas fees may support growth in decentralized finance and other sectors. Competition from networks like Solana and Ethereum Layer 2 solutions remains a factor, with Monad's emphasis on parallel execution and compatibility as distinguishing elements.

Ongoing grants from unclaimed airdrop allocations could aid developer participation. Usage data from the first week will provide further insight into network stability and appeal.

Conclusion

Monad's mainnet launch on November 24 demonstrated a blockchain capable of high transaction throughput, Ethereum Virtual Machine compatibility, and efficient consensus through MonadBFT. 

The first 24 hours highlighted price volatility driven by tokenomics, with MON experiencing a dip and recovery amid substantial trading volume. Network activity demonstrated the practical application of parallel execution and integrations, while community input highlighted both strengths in technical design and areas for improvement in liquidity and user experience. 

These elements underscore Monad's role in addressing scalability in the blockchain industry, offering a platform for developers to build without major adaptations. The event provides a baseline for evaluating its integration into the broader ecosystem.

Sources

• Monad Explorer: Current MON Price, Transactions, and more. 
• Monad X Announcement: Mainnet Launch
• Website: Explore Monad dApp