MONAD records a significant jump in its price as the network processes more than 2 million daily transactions since the launch of its mainnet. The price movement and on‑chain volume place the MON token at the center of attention for investors and product teams in the crypto ecosystem.
The activity on the network has been the immediate driver of the market reaction: since the mainnet deployment around November 24, 2025, the platform has registered daily peaks exceeding 2 million transactions, with totals of around 4.2 million in 48 hours. In the prior testnet 2,440 million transactions were processed, a figure that technical teams cite as a load test.
MONAD presents itself as an EVM‑compatible Layer‑1 designed to offer 10,000 TPS and finality in under one second. TPS (transactions per second) is the metric that measures how many transactions a network can process in one second. The technical proposal relies on parallel and asynchronous execution and a database architecture optimized to reduce latency.
Observability and access tools already operational include explorers such as OKLink and MonVision, and compatible wallets like Backpack, facilitating traceability of movements for compliance teams and developers.
On‑chain activity and technical architecture of MONAD
The project has prior institutional backing: a $225 million round led by Paradigm in April 2024 and a $19 million seed in February 2023, in addition to an initial offering (ICO) managed on Coinbase that raised $269 million. Founders identified in public documentation are Keone Hon, Eunice Giarta and James Hunsaker.
In spot markets, CoinGecko registered on November 26, 2025 an approximate price of $0.04814 per MON and a market capitalization of $522,005,214, with a 24‑hour trading volume close to $1,500,000,000; MEXC data showed an alternative quote of $0.04754 with a different intraday variation. The Fully Diluted Valuation (FDV) stands around $4,776,854,088 according to aggregated sources.
Initial circulation is approximately 10.8% of a total of 100 billion tokens, which increases price sensitivity to capital inflows and outflows. On the launch day the token fell approximately 15% from pre‑market levels, and analysts cite risks such as potential selling pressure from airdrop beneficiaries and token concentration in early hands.
The conjunction of high on‑chain activity and strong financial backing explains MON’s surge, but low initial circulation and airdrop dynamics pose short‑term volatility risks.
