Monad Price Prediction: Mainnet Launch Sparks Rally — Is MON the Next Solana?
Key Takeaways
- Monad aims to make 10,000 transactions per second using Byzantine Fault Tolerant (MonadBFT) consensus and EVM compatibility.
- Monad’s real-world adoption, ecosystem development, and network stability will potentially enable it to overcome the supremacy of Solana in the market.
- The mainnet launch has influenced the MON token’s price to rise from its testnet phase.
- MON tokens have high liquidity with a 3.0995 volume to market capitalization ratio.
Monad’s Current Market Scenario
The market is currently bullish for MON tokens with the recent launch of its mainnet. Here are the key metrics showing Monad’s performance in the market.
- Fear & Greed Index: 22 (Extreme Fear)
- Market Sentiment: Bullish
- Supply Inflation: Unavailable
- Dominance: 0.02%
- Volatility: Unavailable
Monad Price Prediction: Today, Tomorrow, & This Week
The mainnet launch has influenced the MON token’s price to rise from its testnet phase. This implies that there is significant activity surrounding this token, and the token has the potential to rule the market with real-world adoption, ecosystem development, and network stability setting in.
Here is the short-term price prediction of MON tokens.
| Date | Price |
|---|---|
| November 27 | $ 0.04285 |
| November 28 | $ 0.04421 |
| November 29 | $ 0.04002 |
| November 30 | $ 0.03706 |
| December 01 | $ 0.03706 |
| December 02 | $ 0.03476 |
| December 03 | $ 0.03332 |
| December 04 | $ 0.03312 |
| December 05 | $ 0.03312 |
Market Outlook: Technicals, Institutional Activity & Macro Trends
MON tokens have a bullish outlook in the market, thanks to the recent mainnet launch. The general momentum for the token is largely positive, which paves the way for more direct purchases.
Technical Analysis
Monad is a new token that started trading just a couple of days ago. It has positive token sale performance in USD, BTC, and ETH. The price today is down -13% from the all-time high. MON tokens have high liquidity with a 3.0995 volume to market capitalization ratio. The current market capitalization of MON tokens is $ 462.01M while its 24-hour volume is $ 1.43B. MON tokens are listed on popular exchanges such as Kucoin, Kraken, and Bybit, and are trading against fiat currencies such as USD, KRW, and TRY.
On-Chain Scenario
There are no significant on-chain activities for the Monad chain in the past 24 hours. The initial activities after the mainnet launch are running smoothly. Transactions are done with a 98% success rate. The network could sustain 10,000 transactions per second consistently.
Institutional Activity
25% of the total supply of MON tokens is controlled by the top 10 investors. This implies that whales are confident about MON’s future performance. MON’s listing on exchanges such as Kraken implies that they have reasonable liquidity in the market.
Macroeconomic Trends
MON token can be used as a hedge against inflation at times of uncertainty in global finance. However, for this to happen, the ecosystem should be able to consolidate the currency’s bullish trend and sustain it in the long term. If DeFi integrations are spearheaded, MON tokens will see a price rise of up to $0.05 before the end of 2025.
The Bottom Line: Will Monad be the Next Solana?
Monad can be a strong competitor for the Solana blockchain in several aspects. Monad aims to make 10,000 transactions per second using Byzantine Fault Tolerant (MonadBFT) consensus and EVM compatibility. Solana uses Proof of History (PoH) combined with Proof of Stake (PoS) consensus to make 1,000–1,500 transactions per second in practice.
Monad is highly decentralized with emphasis on distributed validators and controlled tokenomics to avoid concentration of power. Monad aims to provide superior throughput at lower gas fees. It will particularly appeal to DeFi, NFT, and gaming projects. Compared to Monad, Solana lacks EVM compatibility and occasionally faces network congestion.
All these benefits of Monad give it the potential to overtake Solana, provided that the market conditions are favorable. It also depends on real-world adoption, ecosystem development, and network stability.
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Crypto & Blockchain Expert