MON Token Experiences a Major Surge Following Mainnet Launch

The MON token has experienced a significant price jump of over 42% following Monad’s mainnet launch. This surge is fueled by factors such as increased excitement about the new network, fresh exchange listings, and limited initial token supply. While the airdrop worth around $105 million played a role in increasing interest, some early recipients quickly sold their tokens after release. However, others have remained optimistic, viewing this gradual price discovery process as a healthy sign of progress for Monad’s ecosystem. 38.5% of the token supply is reserved for network expansion and incentivizes adoption, while Monad’s long-term focus on growth rather than short-term hype promises continued success in the competitive Layer-1 space.