MON rallies to one-week high as Monad holds record value locked
The post MON rallies to one-week high as Monad holds record value locked appeared on BitcoinEthereumNews.com.
Monad (MON) showed signs of reawakening in the early days of the new year, rising to a one-week high. The token is expected to recover after trading lower following its November airdrop and exchange debut. Monad (MON) is one of the post-airdrop tokens expected to make a recovery. MON rose by over 17% ahead of the weekend, peaking at $0.028. The token is still lagging from its initial peak of $0.045 after its long-awaited launch. MON has been expected to pump for a while, based on its underperformance in December. However, the token remains risky as the crypto market recovery is still questioned. Monad also launched a new L1 chain at a time when demand for new platforms was low. Despite this, Monad has been building up a DeFi stack. Monad builds up a record value locked Monad has built up value locked since its launch, recently rising to a record of $251M. The chain carries over $397M in stablecoins and hosts several DeFi apps. Monad reached peak value locked, though app revenues vary based on incentives and campaigns. | Source: DeFiLlama. Activity on Monad generates relatively low fees for node operators, but apps are picking up speed. App revenues peaked at the end of 2025, with over $200M in daily fees. Since then, the chain slowed down its activity, coinciding with overall weak post-holiday trading. Monad’s flagship app is Upshift, an online capital allocator. The app increased its liquidity by over 82% in the past month, now holding $476M based on its own reporting. App-based liquidity may also signal much higher usage for Monad, based on its app-based economy. Results and fees may vary depending on app incentives and campaigns. Some of the apps may also extract fees for their own teams. Monad is repeating Solana’s model, focusing more…
Filed under: News - @ January 2, 2026 9:24 am