Monad pumped more than 76% in 24 hours to touch a high of $0.045.
The layer-1 blockchain’s mainnet went live this week and has an ambitious roadmap for DeFi.
MON is listed on top exchanges, including Coinbase and Upbit.
Monad price has skyrocketed 76% in the past 24 hours, extending gains after the highly anticipated mainnet launch that occurred on November 24, 2025.
The MON token’s gains saw the cryptocurrency rank among top gainers in the market, with its trading volume having exploded to $1.2 billion to reflect speculative enthusiasm.
The Layer-1 blockchain platform’s launch brings momentum, such as lending protocols, yield products, and liquid staking products. The memecoin frenzy is another segment to watch.
Monad pumps 76% amid $1.2 billion volume
Monad flipped the switch on its public mainnet on Monday, unlocking a cascade of decentralized applications and liquidity pools.
The token rose sharply, with intraday lows of $0.025 and highs of $0.045. MON price has jumped more than 106% since touching lows of $0.020.
Per data on CoinMarketCap, a more than 600% spike in daily volume pushed the metric to over $1.2 billion.
This sees the token rank as one of the biggest movers in terms of market activity on the day. In fact, the pump has seen Monad price outpace many top coins, including Kaspa, Sui, and Ethena.
Why is Monad price up?
As noted, what is likely fueling the momentum is Monad’s mainnet launch and DeFi potential.
In a post on X, the L1 outlined what it sees as a roadmap towards seamless integrations for DeFi growth.
Lending protocols like Curvance and TownSquare enable users to leverage MON, liquid staking tokens (LSTs), and stablecoins with high loan-to-value ratios and automated looping strategies.
Yield products such as the MON Vault and the earnAUSD Vault from Upshift offer composable, hands-off returns on stablecoins.
Meanwhile, liquid staking options further amplify utility, allowing stakers to earn rewards while deploying LSTs in DeFi.
Monad is also up amid major exchange listings. Market observers attribute the volume spike to this, with speculative fervor and early ecosystem incentives key.
Among the top centralized exchanges to list MON are Coinbase, Upbit, Bithumb, Kraken, KuCoin, and Bybit.
MON is listed on these exchanges, more coming soon: pic.twitter.com/1nkoSyxMJA
— Monad (mainnet arc) (@monad) November 24, 2025
MON price forecast
Despite the potential for profit-taking, there’s a possibility for the token to climb further.
As well as listings, other bullish catalysts will include ecosystem grants and partnerships. If Monad mirrors growth for projects such as Solana, Hyperliquid, and others, the token’s growth trajectory will tell in immediate gains.
However, bearish risks are there. It includes the aforementioned profit-taking and regulatory scrutiny.
If bulls take charge, a breakout above $0.1 could bring the coveted $1 into play. On the flipside, a retreat to lows of $0.25 will embolden sellers.
