Monad Mainnet Launch Fuels Market Activity with $240M Funding & Token Surge

The launch of Monad’s mainnet marked a significant milestone, raising over $240 million in funding and fueling a surge in the price of its MON token. This event saw the platform officially launched on November 24, 2025, with the aim of challenging leading Layer-1 blockchains like Ethereum and Solana. A key factor driving this activity was the launch of the MON token, which was designed to compete within the blockchain space. The Monad team has also made a strategic effort to increase community engagement through public sales and airdrops that have distributed millions of MON tokens to participants, further boosting market response.