Monad (MON) Explained

Monad is a high-performance Layer-1 blockchain designed to solve the scalability and efficiency limitations of networks like Ethereum. Aiming to process up to 10,000 transactions per second (TPS), Monad leverages advanced techniques such as parallel execution and deferred execution to achieve faster and more efficient performance. It’s also fully EVM-compatible, allowing developers to easily migrate existing Ethereum dApps to the Monad network without significant code changes.

The network’s native token, MON, plays a vital role in securing the ecosystem. It’s used to pay gas fees, enable staking for network security, and align incentives between validators, developers, and users. Backed by major investors with over $225 million raised in 2024. Monad positions itself as a next-generation blockchain built for speed, composability, and developer freedom. However, like any early-stage project, its adoption rate, transparency of token distribution, and timely mainnet launch remain key factors to watch.