Monad

About Monad token

Monad is an advanced Layer 1 blockchain built for optimal speed and full EVM compatibility. It solves the speed, security, and scalability challenges of blockchains without compromise, ideal for developers of complex applications. With a throughput of 10,000 TPS, 0.5 second block times, and gas fees near zero, Monad is a powerful solution for developers who need efficiency and scalable solutions. MonadDB is unique in that it reduces the traditional resource requirements of running blockchain nodes. By putting the current state in SSDs instead of RAM, MonadDB reduces costs and technical hurdles, which helps in making the ecosystem more decentralized. With such a foundation, Monad is able to provide true decentralization and enterprise-grade security, which is very attractive for serious blockchain developers. Besides advanced technology, Monad supports the community with the Monad Founder Residency and Monad Madness. These initiatives are aimed at creators and innovators by equipping them with the resources and guidance necessary to turn their ideas into reality. Such support empowers Monad not only to push the frontiers of blockchain technology further, but also to build an active community of developers, researchers, and entrepreneurs.

Key metrics & performance data

($MONAD) is a Solana-based cryptocurrency token with this contract address 3MhXh7XR6mLzXzcxpAsj9qLzdmoKs7txbD5KsKbZ741b. The official launch date of the token was August 01, 2024.

Currently, the Monad price is $0.022875184008924323 with a 0.00% increase in the last 24 hours.

Current site metrics show that $MONAD is ranked 1607th in popularity, and 5940th in GuGu Rank.