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– Monad mainnet launched on November 24, 2025 – MON token generation event (TGE) unlocked and distributed 10% of 100 billion supply – Initial public listing at $2.5 billion fully diluted value (FDV) – CoinMarketCap reported MON pre-market price at $0.0329 – Bitget noted a pre-market range of $0.032 to $0.034 – Trading down to $0.024, marking a 15% loss as of this writing – Coinbase ICO offered MON at $0.025 per token – Raised $187.50 million from November 17 to November 22 – Paradigm-led private round raised $225 million in April 2024 – Paradigm, Electric Capital, and Greenoaks Capital unrealized gains of 17.33% – Analysts show mixed reactions to launch and initial performance – Some highlight selling pressure due to airdrops and short positions – Monad’s ecosystem includes integrations with Solana and NEAR Intents – Designed for high performance, claims up to 10,000 TPS

Monad Mainnet Launch Highlights:

  • The Monad mainnet launched on November 24, alongside a token generation event (TGE) that unlocked and distributed around 10% of MON's 100 billion supply.
  • The initial trading price for MON started at $0.0329, but decreased to $0.024, resulting in a 15% loss from its pre-market value.
  • Coinbase's first launchpad ICO sold MON tokens at $0.025 each, raising $187.5 million by selling 7.5 billion MON.
  • An earlier private fundraising round led by Paradigm raised $225 million, with investors seeing an estimated unrealized gain of 17.33% over 19 months based on market cap.

Monad (MON) price and market data as of November 24, 2025 | Source: CoinMarketCap

Market Reactions and Analyst Opinions:

  • Some analysts see the limited fundraising compared to expectations as a sign of weakness, noting the fully diluted value (FDV) is now below the ICO valuation.
  • Criticism arose about the lack of incentive for further purchases post-ICO, as MON trades below ICO prices without requiring KYC.
  • Airdrop dynamics are believed to contribute to sell pressure, affecting early market performance.

Technical Overview and Future Prospects:

  • Monad is an EVM-compatible layer-one blockchain intended for high performance, reportedly capable of handling up to 10,000 transactions per second (TPS), though currently managing around 100 TPS.
  • Ongoing integrations with platforms like Solana and NEAR Intents aim to expand Monad's ecosystem, which already includes 224 projects.

Monad fundraising data | Source: CryptoRank