Coinbase Launches Monad Token Sale, Attracts Institutional Backing

Coinbase has launched a public token sale for the Monad (MON) blockchain protocol, attracting significant institutional investment and generating buzz in the cryptocurrency market. The offering represents a landmark moment as it offers 7.5% of MON’s total supply at $0.025 per token. This sale concludes on November 23, 2025. The project aims to provide a high-throughput, EVM-compatible Layer 1 alternative to Ethereum, with the offering valued at $2.5 billion.