The highly anticipated Monad blockchain officially launched its mainnet on November 24, making a splash in the crypto world with immediate listings on major exchanges such as Coinbase, Bybit, Upbit, and Bithumb. The event positions Monad as one of the most significant Layer-1 blockchain launches of 2025.
Massive Public Sale and Initial Trading Activity
Monad’s launch was preceded by a massive public sale from November 17 to 22, hosted on Coinbase. The public sale attracted overwhelming investor interest, with demand exceeding supply by 144%, resulting in $269 million raised from 85,820 buyers. Each MON token was sold for $0.025, and an initial circulating supply of 10.83 billion tokens, representing just 10.8% of the total 100 billion supply, entered the market during the mainnet launch.
Early trading sessions saw sharp volatility, with MON briefly spiking above $0.03 before sellers drove it down to $0.023. By the afternoon, it stabilized around $0.024-$0.025 as liquidity grew, particularly on Korean exchanges like Upbit and Bithumb. The low circulating supply compared to the fully diluted total supply contributed to these significant price fluctuations.
Innovative Features and Staking Rewards
With its focus on parallel execution, low-latency state transitions, and Ethereum-compatible development, Monad is positioning itself as a high-performance Layer-1 contender. What sets it apart is its Proof-of-Stake mechanism, which went live alongside the mainnet launch. MON holders can now secure the network by staking their tokens and earning an initial annual percentage rate (APR) of 15–16%. Users can choose to stake directly with validators or delegate their tokens to earn yields.
If you’re just stepping into staking and need an easy-to-use wallet, Metamask Wallet is an excellent Ethereum-compatible option that supports staking MON seamlessly.
Challenges in Valuation and Future Outlook
While Monad’s mainnet launch is a significant milestone, prospective investors must consider potential hurdles. Analysts have pointed out the risk of price sustainability due to the large fully diluted valuation, coupled with early concerns about token concentration among insiders. However, the ongoing addition of liquidity and the project’s technical edge may foster long-term growth and investor confidence.
What’s Next for Monad?
As markets adjust to the launch, MON’s price discovery is expected to continue in the coming weeks. With innovations in blockchain design and an emphasis on scalability, Monad presents itself as a promising solution for developers and investors alike. Staking rewards and growing adoption may reinforce its position as a viable Layer-1 network in an increasingly competitive space.
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