Why Monad Token Price is Up Today?

Michael Adeleke
3 hours ago Updated 1 hour ago
Michael Adeleke

Michael Adeleke

Crypto Journalist
Expertise : Cryptocurrency, Blockchain, DeFi
Michael Adeleke is a passionate crypto journalist known for breaking down complex blockchain concepts and market trends into clear, engaging narratives. He specializes in delivering timely news and sharp market analysis that keeps crypto enthusiasts informed and ahead of the curve. With an engineering background and a degree from the University of Ibadan, Michael brings analytical depth and precision to every piece he writes.
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Monad token rises 13% as ecosystem upgrades

Highlights

  • Monad token climbed over 13% in the past day.
  • The rally follows new ecosystem upgrade proposals in its ecoystem.
  • Some experts have questioned the project’s long development timeline and underperformance.

The Monad token has continued its upward move thanks to renewed positive sentiment and ecosystem developments. As such, experts have begun to make bullish calls for its price movement.

Monad Token Rises 13% on Ecosystem Developments

According to TradingView data, the token has rallied by over 13% in the past 24 hours. The coin outperformed the overall crypto market by nearly 1% as demand continues to grow for the coin.

Source: TradingView data; Monad price daily chart

The renewed price pump has mostly been attributed to new upgrades in its ecosystem. For instance, last week the protocol released a network upgrade proposal to improve its platform. The project is expected to be activated on the testnet and mainnet in the first half of February 2026.

Since the launch of the Monad token’s mainnet in late November, the team has been rolling out key updates on the platform. The network was designed release apps to developers and allow users to interact with decentralized applications. It has seen huge adoption among users as momentum for the EVM blockchain grows.

Another factor contributing to this rally is strong DeFi product inflows. A liquid staking protocol, Kintsu, recently launched SuperMON vaults on the Monad network. The product offered 14.51% APY through automated strategies. Since its launch, its total value locked (TVL) has recorded over $100 million in inflow. This also supports the notion of its growing adoption.

Basically, products with high yields would increase the demand for the Monad token due to the fact that they are required to buy and deposit the coin to participate in the offering.

Criticism for the Protocol Remains

In an X post, a crypto expert, Manya, attacked the team for its slow growth. They cited that the project has been building for over four years and got substantial funding, yet it’s still trading 90% lower than its ATH. He tagged the coin “worst crypto project of all time.”

While some experts think the project is slow-growing, some institutions are providing earning opportunities for the token. Just last month, Bitget launched an airdrop and 20% APR for users who interact with the coin on its exchange.

In other developments, many experts have come out to defend the Monad token amid the renewed criticism

“Calling it the worst crypto project of all time because of price action is an understandable emotional reaction, but it’s not a technical one,” another expert said, citing various factors that state otherwise.

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Why Trust CoinGape

CoinGape has covered the cryptocurrency industry since 2017, aiming to provide informative insights Read more… to our readers. Our journal analysts bring years of experience in market analysis and blockchain technology to ensure factual accuracy and balanced reporting. By following our Editorial Policy, our writers verify every source, fact-check each story, rely on reputable sources, and attribute quotes and media correctly. We also follow a rigorous Review Methodology when evaluating exchanges and tools. From emerging blockchain projects and coin launches to industry events and technical developments, we cover all facets of the digital asset space with unwavering commitment to timely, relevant information.

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About Author
About Author
Michael Adeleke is a passionate crypto journalist known for breaking down complex blockchain concepts and market trends into clear, engaging narratives. He specializes in delivering timely news and sharp market analysis that keeps crypto enthusiasts informed and ahead of the curve. With an engineering background and a degree from the University of Ibadan, Michael brings analytical depth and precision to every piece he writes.
Investment disclaimer: The content reflects the author’s personal views and current market conditions. Please conduct your own research before investing in cryptocurrencies, as neither the author nor the publication is responsible for any financial losses.
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