Every crypto cycle has its “next big Layer 1.” In 2021 it was Solana. In 2022–23, it was the Ethereum L2 boom. In late 2024 and 2025, one of the most talked-about names in crypto circles is Monad — a high-performance, EVM-compatible Layer 1 that claims massive throughput and near-zero fees. The conversation around “Monad crypto price” is heating up not just because of tech promises, but because Monad’s native token, MON, is heading into a public sale that targets everyday investors in the United States and other Western markets via Coinbase.
In other words: this isn’t just another niche altcoin fair launch in a Telegram channel. This is a heavily spotlighted token sale, with valuation numbers in the billions and serious expectations baked in.
In this article, we’ll walk through what Monad is, why investors are paying attention to MON, what’s actually happening with the Monad crypto price across different venues, and how all of this fits into broader crypto market and blockchain trends. We’ll also look at risks that sophisticated Western investors should not ignore.
What Is Monad?
Monad is a Layer 1 blockchain that aims to solve Ethereum’s biggest pain points: scalability, latency, and fees — without abandoning Ethereum’s developer ecosystem. Monad is designed to be fully EVM-compatible, which means smart contracts that run on Ethereum can run on Monad with minimal to no changes, using the same tooling developers already know (Solidity, MetaMask, etc.).
Where Monad tries to differentiate is sheer performance:
- The team claims throughput on the order of 10,000+ transactions per second.
- It advertises sub-second finality and near-zero gas fees.
- Its architecture leans on features like parallel execution, optimistic pipelining, MonadBFT consensus, and a custom database layer (MonadDB) to process many transactions simultaneously.
If those claims materialize on mainnet, Monad positions itself in a sweet spot: “as fast as the newer high-throughput chains, but still Ethereum-like under the hood.” That’s a compelling pitch in a crypto market where developer portability and liquidity gravity still orbit Ethereum.
Where Things Get Confusing: Monad, MON, MONAD, and “Price”
Before we analyze price behavior, we have to clear up a naming headache.
Right now, you’ll see references to several “Monad” tokens across trackers and pre-market venues:
- MON (Monad / Monad mainnet token) – This is the token associated with the actual Monad L1 project that’s preparing a public token sale through Coinbase’s new token sales platform. This is the asset most long-term investors are watching.
- Pre-market / OTC-style MON pricing – Some analytics sites track “pre-market” or “pre-launch” MON trading at prices in the $0.05 range with tens of millions in 24h volume, and they also record an all-time high above $0.10 in October 2025.
- Extremely cheap ‘Monad’ / ‘MONAD’ tickers on base or meme-style deployments – You might see micro-priced versions of “MONAD” trading at fractions of a fraction of a cent, with astronomical circulating supply numbers in the hundreds of trillions of tokens. These are unrelated tokens using the Monad name and branding, often on other networks (e.g. Base), and they’re priced at $0.000000001 or less. Coinbase
This is a classic crypto market issue: ticker confusion before a major L1 actually launches its canonical token. If you’re a Western investor, especially in the U.S. or U.K., you should be absolutely clear which asset you’re evaluating.
In this article, when we talk about “Monad crypto price,” we’re talking about MON, the token tied to the high-performance Monad Layer 1 that’s heading for a Coinbase-backed public sale.
Monad Crypto Price: Pre-Sale and Market Signals
Let’s talk numbers.
The public sale price
Coinbase is set to host Monad’s MON token sale, making it accessible to U.S. retail and other approved jurisdictions. According to multiple reports, Monad plans to sell 7.5% of the total token supply at a fixed price of $0.025 per MON. The sale has contribution limits (minimum bids starting around $100 and a cap reportedly at $100,000 per participant), and if fully sold, it would raise roughly $188 million and imply a fully diluted valuation (FDV) of about $2.5 billion.
For context, FDV is the theoretical market cap if 100% of tokens existed and were liquid at the sale price. Monad’s total supply is described as roughly 100 billion MON tokens, with 7.5% (around 7.5 billion tokens) being offered in this initial retail round.
Pre-market trading vs. sale pricing
Some pre-market tracking platforms are already quoting MON in the ~$0.05 range, with references to previous highs above $0.10 in October 2025. These “pre-market” environments often reflect over-the-counter style speculation or IOUs before the token is broadly tradable on major centralized exchanges.
Here’s why that matters:
- If pre-market pricing sits at ~$0.05 and the public sale is set at $0.025, early buyers through Coinbase could see “paper gains” if secondary-market pricing holds or opens higher after listing.
- On the other hand, pre-market liquidity can be thin, and those higher prices can vanish fast once real circulating supply hits exchanges. Post-listing price could trade below $0.025 if the market thinks FDV is too rich.
In plain English
Right now, Monad’s “price” lives in a kind of Schrödinger’s box: we have:
- A target sale price ($0.025),
- Speculative pre-market prices (roughly 2x that),
- And an implied mega-valuation ($2.5B FDV before mainnet is even live).
That gap between story and reality is exactly what sophisticated investors should analyze.
Tokenomics and Supply Dynamics
Tokenomics is where a lot of altcoin theses live or die.
Based on project disclosures and sale documentation circulating publicly:
- Total supply: ~100 billion MON.
- Public sale allocation: ~7.5% of total supply.
- Goal of the sale: raise around $188M at $0.025 per MON.
- FDV: ~$2.5B implied at sale pricing.
Why this matters to investors:
- When you buy an early-stage Layer 1 token at multi-billion-dollar FDV, you’re implicitly betting that it will attract developers, users, and TVL (total value locked in DeFi) at scale, fast.
- If token unlocks for insiders, team, ecosystem grants, or investors start flowing into the open market, that creates sell pressure. Those unlock schedules matter a lot for price action in the first 6–12 months post-launch.
- A 100B token supply means that even small percentage unlocks can translate into billions of tokens hitting circulation.
In crypto market terms: FDV can “run ahead of fundamentals.” If Monad nails adoption, nobody will complain. If not, early buyers may be overpaying for a future that doesn’t arrive on schedule.
Why Monad Is Getting So Much Hype
There are a few reasons Monad is showing up in every “what’s next” thread in Western crypto circles:
- It’s an EVM chain that claims Solana-like speed. Monad is pitching 10,000+ TPS, parallel execution, rapid finality, and cheap fees — all while staying compatible with Ethereum tooling. That’s an attractive combo for builders because they don’t have to rewrite their stack from scratch.
- It’s going retail through Coinbase. Instead of a purely VC-first or private allocation, Monad is aligning itself with a public token sale directly accessible to U.S. users through Coinbase’s new token-sales platform. That gives it instant visibility and regulatory optics in a way many altcoins never get.
- It’s launching into a market hungry for “the next big L1.” After multiple cycles, investors understand the power of being early in a network that actually becomes a settlement layer for real DeFi and real liquidity. The upside if Monad becomes a core chain for trading, NFTs, on-chain games, or high-frequency DeFi is obvious.
But hype always comes with a mirror image: execution risk.
Key Risks for Investors Watching Monad Crypto Price
Before chasing any new Layer 1 based purely on narrative, it’s important to walk through the risk stack:
1. Execution and mainnet risk
Monad is positioning for mainnet launch in late November, surrounding the token sale timeline. That means the tech is still effectively in rollout mode. Until mainnet is live, stable, and secure — with real validators and real dApps running — all performance claims are still claims. Bitget+2bankless.com+2
2. Ecosystem / dApp adoption
A fast blockchain with no users is just a benchmark slide. The crypto market ultimately rewards total value locked, daily active addresses, and real transactions that move real money, not just theoretical TPS. If Monad can’t attract serious DeFi protocols, liquidity pools, lending markets, NFT marketplaces, and on-chain games, demand for MON may lag.
3. Valuation vs. reality
A $2.5B FDV before broad usage is aggressive.
For comparison, plenty of Layer 1 chains took years to reach multi-billion-dollar valuations because they had to prove security, decentralization, and developer traction. Monad is essentially being priced like a top-tier L1 from day one.
4. Token unlocks and sell pressure
If a large portion of MON is still locked with insiders, early investors, or ecosystem funds, unlock events could pressure price. Early buyers in the public sale should be aware that they might not be the only sellers in the first months of open trading.
5. Regulatory environment
Coinbase putting Monad on its token sale platform is a strong signal of intent toward compliance and accessibility for U.S. investors. The Block+3bankless.com+3Finance Magnates+3
But that doesn’t eliminate regulatory risk. In the U.S. and other Western jurisdictions, crypto tokens still face scrutiny around whether they’re securities, how they’re marketed, and how they’re traded. Any regulatory shock can impact liquidity, listings, or even investor access.
How Sophisticated Investors Are Framing Monad Right Now
If you’re already comfortable with crypto, here’s how to think about MON in practical terms:
- Treat MON like high-beta venture equity, not a “stable L1 blue chip.”
- It’s early stage.
- It’s ambitious.
- It’s priced for success.
- That’s exciting — and dangerous.
- Watch mainnet milestones, not just marketing.
- Is mainnet live and stable?
- Are there audited smart contracts deployed and attracting capital?
- Are there bridges, liquidity pools, and yield opportunities that justify capital inflow?
- Track on-chain traction fast.
- TVL (total value locked)
- Daily active users
- Transaction volume (actual usage vs spam)
- Developer momentum and grant programs
- Be realistic with timing.
- Even if Monad eventually “wins,” price action in month one can be brutal.
- High FDV tokens can chop sideways or bleed before they ever see a true run.
Conclusion
Monad is arriving with a very 2025 kind of splash: bold technical claims, an explicitly pro-performance narrative, and a retail-accessible token sale on a mainstream U.S. exchange platform. The public sale terms — $0.025 per MON, a ~7.5% circulating slice, and an implied $2.5B FDV — set expectations sky-high before the chain is even meaningfully live. DropsTab+3Bitget+3Finance Magnates+3
From a crypto market and blockchain trends standpoint, Monad represents two converging storylines:
- The hunt for the next scalable, EVM-friendly execution layer that can actually handle real throughput without punishing fees.
- The normalization of token launches that court U.S. retail in a semi-regulated, disclosure-heavy way — instead of shadow presales and backroom OTC allocation.
For sophisticated Western investors, the Monad crypto price conversation should not start and end with “Will number go up after listing?” It should start with: Does Monad deserve an FDV in the billions right now? Will developers actually ship here? Will liquidity move here? Will users transact here daily? And will regulatory clarity hold long enough for those things to matter?
If the answers trend yes, MON could become one of the defining L1 tokens of this cycle. If not, Monad risks becoming another high-FDV story token that traders farm for launch volatility and then rotate out of.
Either way, Monad is now firmly on the radar — not just for speculators hunting early multiples, but for serious investors tracking where the next wave of execution-layer value might settle in the evolving crypto market.
