Monad Launch: Navigating the Crypto Waves with Insightful Prospects

By: crypto insight|2025/11/27 08:30:05

Key Takeaways:

Monad’s mainnet launch promises to be a pivotal moment, as it sets to break records in the L1 blockchain category.
A remarkable $4.3 billion in funds underscores its potential, positioning Monad at the forefront of crypto development.
Solana has extended strong support, enabling Monad’s integration into its ecosystem and enhancing cross-chain trading.
The allocation and utilization of MON tokens present a nuanced approach to potential growth and challenges in the market.

WEEX Crypto News, 2025-11-27 08:03:13

As the crypto world witnesses fluctuations and recalibrations, Monad emerges as a beacon of innovation and opportunity. Positioned to revolutionize the blockchain space, Monad is making headlines with its much-anticipated mainnet launch set for tonight. This moment marks a significant leap forward, as Monad’s total funding eclipses the $4.3 billion threshold. The path from dizzying heights to potential new peaks provides a fascinating narrative for investors and enthusiasts alike.

Building Momentum: Early Days and Market Response

Starting its journey amidst market turbulence as the Luna crash loomed in May 2022, Monad’s evolution has captured the attention of the crypto community. Over three and a half years, its funding trajectory has mirrored the vicissitudes of the crypto market itself. With its initial Pre-Seed round aligning with market instability, it then heralded its dominance in April 2024, when Paradigm led with a $2.25 billion Series A funding—marking a record-breaking year in crypto investments. Monad’s developments over these years underscore a narrative of resilience and ambition.

Euler, Rx’s approach to novel funding mechanics highlights how it has negotiated both private ($2.44 billion) and public ($1.875 billion) investments, with actual public investments soaring to $2.69 billion, reflecting robust confidence in its prospects. Notably, the recent public offering overshot expectations by 144%, providing participants with an enviable return of 28% to 36% based on market price figures of $0.032 to $0.034.

Evaluating Tokenomics: The Market’s Lens

As excitement builds around MON tokens, market estimation offers a sobering perspective. The Fair Decentralized Value (FDV) for MON is predicted to exceed $30 billion, based on a current trading range. This surpasses the initial $25 billion public valuation, sparking discussions about the sustainability and prudence of such assessments. With an initial circulation of 108 billion out of 1 trillion total tokens, Monad has engineered a clever distribution plan, including 10.8% for initial circulation.

Strategic caution is employed in carving out a significant portion of tokens—38.5%—for ecosystem development. This dual-edged sword can either catalyze growth, drawing developers and users alike, or become potential sell pressure if not managed judiciously. As with examples like Optimism and Arbitrum, the key lies in deploying these resources wisely to offer targeted incentives, potentially fortifying Monad’s market position.

The Interplay with Solana: A Strategic Dance

In a rare show of synergy, Solana has overtly embraced Monad by draping its official façade with Monad’s logo—a testament to this partnership. This unique stance sees Solana adopting Monad within its DeFi framework through Wormhole Labs’ Sunrise DeFi, eliminating cross-chain intricacies and fostering seamless asset integration.

While ostensibly competitive with Solana as high-performance Layer 1 (L1) blockchains, Monad distinctively champions an EVM-compatible environment—a divergence from Solana’s native ecosystem. This positioning strategy fosters mutual benefits; while Solana taps into new user streams, Monad leverages Solana’s established DeFi prowess, inducing a symbiotic blend of liquidity and innovation.

Jumping Right In: Opportunities on Day One

Monad’s ecosystem is set to be vibrant from its inception, with over 300 projects prepped for launch. Approximately 78 are unique to its framework, creating exclusive avenues for MON holders and airdrop recipients eager for early involvement.

In the realm of Decentralized Finance (DeFi), the primary focus falls on perpetual trading venues like Perpl and Drake. These platforms, buoyed by substantial venture funding, blend traditional trading mechanisms with innovative decentralized models. Fiat-DeFi bridges provided by entities such as Modus and Curvance, each presenting distinct risk-reward profiles, showcase the rich diversity of applications ready to support Monad’s growth.

Furthermore, the advent of staked MON (shMON) through Fastlane is a promising avenue, extending liquidity benefits alongside staking rewards. This augments Monad’s approach, ensuring that the ecosystem benefits from both participatory engagement and financial circulation.

Aligning with Trends: Games, Predictions, and Beyond

Beyond financial applications, Monad’s ventures into the gaming, predictions, and social mining arenas add flavorful diversity. Lumiterra, a merged reality role-play system, and Bro.fun’s blockchain-based gaming herald creative adaptations of existing gaming paradigms. Meanwhile, prediction platforms like RareBetSports offer expansive possibilities, allowing users to engage in competitive speculate and harness insights.

In its continued quest for adoption, Monad’s consumer applications are designed for immediacy and accessibility, easily discoverable via app.monad.xyz. This suite of tools reflects a balanced ecosystem striving for significant engagement while ensuring utility and entertainment.

Riding the Meme Wave

Maintaining its momentum within the viral culture, memes and NFTs present a lighter touch but are potent in their market sway. Monad’s entry into this space leverages cultural resonance, with unique NFTs like Purple Friends and humorous routes, including Nad.fun poised to capture niche interests and expand engagement.

The Path Forward: A Mindful Gaze into the Horizon

These preparations cumulate in tonight’s anticipated launch, as market participants and observers keenly await Monad’s debut on the mainnet. Whether commencement brings immediate validation or sets the stage for long-term innovations, tonight’s unveiling promises a mixture of excitement and insight.

Crypto markets’ inherent unpredictability necessitates a grounding approach, considering broader trends, and nuanced strategies. Monad’s journey embodies the sector’s vast potential and intricate challenges, offering a glimpse into the forefront of decentralized development’s future.

FAQ

What makes Monad a significant player in the crypto ecosystem?

Monad stands out with its significant financing, innovative technology stack, and strategic partnerships, positioning it as a potentially transformative L1 blockchain.

How is Monad fostering ecosystem engagement and growth?

Through diverse projects spanning DeFi, gaming, and NFTs, Monad aims to create an inclusive and expansive ecosystem that appeals across the board from traders to general consumers.

How does the Monad-Solana partnership benefit both ecosystems?

This collaboration broadens Monad’s usability and visibility, enhancing liquidity options through Solana’s established DeFi platforms.

What are the potential risks associated with Monad’s token strategy?

The management and deployment of ecologically reserved tokens present a balancing act between incentivizing growth and avoiding excessive sell pressure.

How does Monad differentiate from other L1 blockchains?

By blending EVM compatibility with innovative financial mechanisms and strategic cross-chain cooperations, Monad offers a unique value proposition among high-performance blockchains.

In the shifting sands of cryptocurrency innovation, Monad marks a noteworthy chapter, potentially steering the digital frontier towards more integrated and scalable futures.

Over the past 24 hours, the crypto market has shown strong momentum across multiple dimensions. The mainstream discussion has focused on Coinbase's official entry into the prediction market through the acquisition of The Clearing Company, as well as the intense controversy within the AAVE community regarding token incentives and governance rights.

In terms of ecosystem development, Solana has introduced the innovative Kora fee layer aimed at reducing user transaction costs; meanwhile, the Perp DEX competition has intensified, with the showdown between Hyperliquid and Lighter sparking widespread community discussion on the future of decentralized derivatives.

I. Mainstream Topics

1. Coinbase Acquires The Clearing Company, Officially Entering Prediction Market

This week, Coinbase announced the acquisition of The Clearing Company, marking another significant move to deepen its presence in this field after last week's announcement of launching a prediction market on its platform.

The Clearing Company's founder, Toni Gemayel, and the team will join Coinbase to jointly drive the development of the prediction market business.

Coinbase's Product Lead, Shan Aggarwal, stated that the growth of the prediction market is still in its early stages and predicts that 2026 will be the breakout year for this field.

The community has reacted positively to this, generally believing that Coinbase's entry will bring significant traffic and compliance advantages to the prediction market. However, this has also sparked discussions about the industry's competitive landscape.

Jai Bhavnani, Founder of Rivalry, commented that for startups, if their product model proves to be successful, industry giants like Coinbase have ample reason to replicate it.

This serves as a reminder to all entrepreneurs in the crypto space that they must build significant moats to withstand competition pressure from these giants.

2. Kalshi Launches Kalshi Research and Integrates BSC Network

Regulated prediction market platform Kalshi launched its research arm, Kalshi Research, this week, aimed at opening its internal data to the academic community and researchers to facilitate exploration of prediction market-related topics.

Its inaugural research report highlights Kalshi's outperformance in predicting inflation compared to Wall Street's traditional models. Kalshi co-founder Luana Lopes Lara commented that the power of prediction markets lies in the valuable data they generate, and it is now time to better utilize this data.

Meanwhile, Kalshi announced its support for the BNB Chain (BSC), allowing users to deposit and withdraw BNB and USDT via the BSC network.

This move is seen as a significant step for Kalshi to open its platform to a broader crypto user base, aiming to unlock access to the world's largest prediction market. Furthermore, Kalshi also revealed plans to host the first Prediction Market Summit in 2026 to further drive industry engagement and development.

3. AAVE Token Incentive Controversy Persists as Founders and Whales Increase Holdings Against the Market Trend

The AAVE community recently engaged in heated debates around an Aave Improvement Proposal (AIP) titled "AAVE Tokenomics Alignment Phase One - Ownership Governance," aiming to transfer ownership and control of the Aave brand from Aave Labs to Aave DAO.

Aave founder Stani Kulechov publicly stated his intention to vote against the proposal, believing it oversimplifies the complex legal and operational structure, potentially slowing down the development process of core products like Aave V4.

The community's reaction was polarized. Some criticized Stani for adopting a "double standard" in governance and questioned whether his team had siphoned off protocol revenue, while others supported his cautious stance, arguing that significant governance changes require more thorough discussion.

This controversy highlights the tension between the ideal of DAO governance in DeFi projects and the actual power held by core development teams.

Despite governance disputes putting pressure on the AAVE token price, on-chain data shows that Stani Kulechov himself has purchased millions of dollars' worth of AAVE in the past few hours.

Simultaneously, a whale address, 0xDDC4, which had been quiet for 6 months, once again spent 500 ETH (approximately $1.53 million) to purchase 9,629 AAVE tokens. Data indicates that this whale has accumulated nearly 40,000 AAVE over the past year but is currently in an unrealized loss position.

The founder and whale's increased holdings during market volatility were interpreted by some investors as a confidence signal in AAVE's long-term value.

4. Top Articles: DeFi Curators and Ethereum Annual Summary

In this week's top article, Morpho Labs' "Curator Explained" detailed the role of "curators" in DeFi.

The article likened curators to asset managers in traditional finance, who design, deploy, and manage on-chain vaults, providing users with a one-click diversified investment portfolio.

Unlike traditional fund managers, DeFi curators execute strategies automatically through non-custodial smart contracts, allowing users to maintain full control of their assets. The article offered a new perspective on the specialization and risk management in the DeFi space.

Another widely circulated article, "Ethereum 2025: From Experiment to Global Infrastructure," provided a comprehensive summary of Ethereum's development over the past year. The article noted that 2025 is a crucial year for Ethereum's transition from an experimental project to global financial infrastructure. Through the Pectra and Fusaka hard forks, Ethereum achieved significant reductions in account abstraction and transaction costs.

Furthermore, the SEC's clarification of Ethereum's "non-securities" nature and the launch of tokenized funds on the Ethereum mainnet by traditional financial giants like JPMorgan marked Ethereum's gaining recognition from mainstream institutions. The article suggested that whether it is the continued growth of DeFi, the thriving L2 ecosystem, or the integration with the AI field, Ethereum's vision as the "world computer" is gradually becoming a reality.

II. Mainstream Ecosystem Updates

1. Solana: Launches Kora Fee Layer and propAMM Data Research

The Solana Foundation engineering team released a fee layer solution called Kora this week.

Kora is a fee relayer and signatory node designed to provide the Solana ecosystem with a more flexible transaction fee payment method. Through Kora, users will be able to achieve gas-free transactions or choose to pay network fees using any stablecoin or SPL token. This innovation is seen as an important step in lowering the barrier of entry for new users and improving Solana network's availability.

Additionally, a deep research report on propAMM (proactive market maker) sparked community interest. The report's data analysis of propAMMs on Solana like HumidiFi indicated that Solana has achieved, or even surpassed, the level of transaction execution quality in traditional finance (TradFi) markets.

For example, on the SOL-USDC trading pair, HumidiFi is able to provide a highly competitive spread for large trades (0.4-1.6 bps), which is already better than the trading slippage of some mid-cap stocks in traditional markets.

Research suggests that propAMM is making the vision of the "Internet Capital Market" a reality, with Solana emerging as the prime venue for all of this to happen.

2. Perp DEX: Hyperliquid vs. Lighter Competition Intensifies

The competition in the perpetual contract DEX (Perp DEX) space is becoming increasingly heated.

In its latest official article, Hyperliquid has positioned its emerging competitor, Lighter, alongside centralized exchanges like Binance, referring to it as a platform utilizing a centralized sequencer. Hyperliquid emphasizes its transparency advantage of being "fully on-chain, operated by a validator network, and with no hidden state."

The community widely interprets this as Hyperliquid declaring "war" on Lighter. The technical differences between the two platforms have also become a focal point of discussion: Hyperliquid focuses on ultimate on-chain transparency, while Lighter emphasizes achieving "verifiable execution" through zero-knowledge proofs to provide users with a Central Limit Order Book (CLOB)-like trading experience.

This battle over the future direction of decentralized derivatives exchanges is expected to peak in 2026.

Meanwhile, discussions about Lighter's trading fees have surfaced. Some users have pointed out that Lighter charged as much as 81 basis points (0.81%) for a $2 million USD/JPY forex trade, far exceeding the near-zero spreads of traditional forex brokers.

Some argue that Lighter does not follow a B-book model that bets against market makers, instead anchoring its prices to the TradFi market, and the high fees may be related to the current liquidity or market maker balance incentives. Providing a more competitive spread for real-world assets (RWA) in the highly volatile crypto market is a key issue Lighter will need to address in the future.

The Secret Centralization Landscape of Stablecoin Payments: 85% of Transaction Volume Controlled by Top 1000 Wallets

Stablecoin payments have reached nearly half of total transaction volume, but are highly concentrated in a few institutional wallets: the top 1000 addresses contributed to about 85% of the transfer volume. While P2P transactions are numerous, their share of the total amount is significantly low.

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