One of the most anticipated new tokens of 2025, Monad, is set to launch on September 29. The token belongs to the Monad blockchain, an emerging Layer 1 blockchain that is set to shake up the EVM ecosystem with its promise of lightning-fast performance and full Ethereum compatibility.
As the technology behind crypto continues to improve, more and more new projects are stepping onto the scene. Each of them tries to carve out its own space in the market, either by addressing technical limitations in existing networks or introducing new ideas to make blockchain more practical and accessible.
Meme coins have been popping up in large numbers, all looking to generate hype online and stay relevant on the crypto scene. A good example is the Maxi Dodge token, which has raised over $1.28 million in presale. It markets itself as a token that offers 1,000x leverage and no stop loss.
Monad falls firmly in the category that aims to solve some of the challenges tied to Ethereum and other popular networks.
The thing that stands out the most about Monad is its performance. It delivers 10,000 transactions per second (TPS) with a block time of 0.4 seconds and a one-second finality. This feature gives it an advantage over Ethereum and makes it competitive with Solana, which typically processes between 3,000 and 4,000 TPS, according to Independent Reserve.
This is possible due to Monad’s approach to parallel transaction execution, where multiple transactions can be processed at the same time, only checking conflicts afterward.
Another important element is Monad’s Ethereum compatibility. It’s completely EVM-compatible, meaning that decentralized applications that run on Ethereum can run on Monad without the need of making any modifications. That way, it becomes an option for developers who are already working on Ethereum but are looking for lower costs and faster execution.
This also means that users interacting with Monad can continue to use wallets and other tools they’re familiar with. The best examples of this would be MetaMask, OKX Wallet, and Backpack.
Monad also promises low transaction costs, which could turn out to be one of its strongest advantages. Fees on the network are expected to fall between just $0.004 and $0.007, which is significantly less than what users are used to on Ethereum.
With its fast and low-cost transactions, Monad could end up playing an important role for GameFi developers who rely on frequent and small transactions to keep the overall experience smooth. It could also see a lot of use in decentralized exchanges, where high cost can quickly discourage activity.
The total supply of the MON token is set at 100 billion, a figure that’s a common choice for new blockchain projects that aim at broad distribution and lower prices. The idea is that this can encourage wider adoption and microtransactions within the network.
Monad’s project is already undergoing real-world testing. The public testnet was launched back in February, drawing over 240,000 wallets and processing more than 2.7 million transactions. Several decentralized applications, including PancakeSwap, have already experimented with deploying on the network. With PancakeSwap accumulating around $250 million on total value locked (TVL), it indeed looks like the potential for building a thriving ecosystem is there.
Monad has also launched several community initiatives to build momentum before the official launch scheduled for the end of September. “Monad Cards”, which are being distributed to active users on X, have attracted the most attention. While the exact rewards for this initiative haven’t been confirmed yet, users believe they could look similar to retroactive airdrops used by Sui and Aptos.
There are currently three prerequisites for users who want to participate in the testing phase. To participate, a wallet must have at least 0.03 ETH on the Ethereum mainnet, and it should have carried out at least three transactions on the Ethereum network. It must also hold at least 0.5 MON to be eligible.
The impending listing of the Monad token on September 29 is guaranteed to attract a lot of attention. Users should prepare for post-launch volatility, which is common for Layer 1 blockchains. However, if Monad delivers on its promises, it could really turn out to redefine blockchain scalability in 2025.
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