Monad’s native token MON opened with an estimated $4 billion market capitalization on launch day, beating early expectations. The new high-speed Layer 1 promises faster throughput and lower fees as it seeks developer and trader attention.

Coinbase has signaled a renewed embrace of ICOs, leading the season with one of 2025’s largest token launches as Monad (MON) goes live. Traders and projects will watch how exchange-led launches reshape fundraising and secondary market dynamics.

Monad published the initial MON token distribution as it prepares for mainnet rollout and a community airdrop on Nov. 24. The Layer‑1 emphasizes Ethereum‑compatibility and performance while allocating supply across community, ecosystem, team vesting and reserves.