Monad

Today's state: Monad is trading at $0.020610 with a $0.2 billion market capitalization (rank #155). The price moved -1.76% over the past 24 hours and is +5.82% over 7 days; the 30-day move stands at +8.93% and the 90-day at -27.10%.

Position vs cycle: Trading more than 50% below the all-time high places the asset in correction-territory deep enough that statistical mean-reversion historically gives way to narrative- and liquidity-driven moves.

Volatility and structure: 30-day realized volatility of 58.9% annualized is moderate for an asset this size. Our composite multi-horizon Price Strength reads Neutral (43/100), with a mixed multi-horizon profile and no clear directional bias.

To place MON in the wider market, its 90-day return correlations against the two other largest layer-1s show whether it trades as crypto-market beta or on its own drivers. The Pearson figures across daily log returns:

• Bitcoin reference: +0.70 — a strong positive relationship.
• Ethereum reference: +0.62 — a strong positive relationship.
• Solana reference: +0.62 — a strong positive relationship.

Strong correlation to multiple references typically indicates that the asset trades primarily as crypto-market beta — moves in BTC/ETH/SOL drive most of the price action, and stand-alone alpha is harder to capture. Weak or negative correlations indicate idiosyncratic drivers (project-specific news, sector rotation within crypto, or narrative shifts) that can produce returns uncorrelated with the broader market.

Monad (MON) is a cryptocurrency, traded on global digital-asset markets. It trades at $0.0206 as of the latest update, with a 24-hour move down 1.76%, placing it at rank #146 by market capitalisation among all listed digital assets. Monad's current market cap stands at $243.72M, a figure used by traders, analysts and institutional desks to gauge relative liquidity and risk exposure across the crypto market.

On this page you'll find a live, daily-refreshed dashboard tracking Monad across multiple data sources — price history going back several years, on-chain activity where available, fundamentals like circulating supply and dilution, top exchanges by volume, technical analysis using moving averages and RSI, and an algorithmic short, mid and long-term forecast. All figures are pulled from public APIs and cached locally; nothing here is investment advice.

Monad (MON) is a cryptocurrency traded on global digital-asset markets. Its specific role depends on the protocol and ecosystem built around it — the data and market sections on this page describe what can be measured directly from on-chain and exchange activity.

Monad currently ranks #155 by market capitalisation, making it a mid-cap asset in the broad top 250. Only about 12% of the eventual MON supply is circulating so far (11.83B of 100.00B), so future unlocks remain a meaningful dilution variable. It currently trades about 58% below its all-time high of $0.0488 set in November 2025.

Like other crypto assets, Monad records transactions on a distributed ledger that no single party controls. Holders custody it directly through private keys, and its issuance and rules are enforced by the network's code rather than by an issuer.

Monad currently ranks #155 by market capitalisation, making it a mid-cap asset in the broad top 250. Only about 12% of the eventual MON supply is circulating so far (11.83B of 100.00B), so future unlocks remain a meaningful dilution variable. It currently trades about 58% below its all-time high of $0.0488 set in November 2025. Its fully-diluted valuation of $2.06B is about 8.5× the circulating market cap of $243.72M, a gap that signals issuance overhang to factor into any longer-term thesis.

Monad is used for value transfer, on-chain settlement, and access to whatever application or ecosystem its protocol supports. Because utility varies widely across projects of this kind, the most reliable read on the asset is its market data — liquidity, supply dynamics, and price behaviour — shown elsewhere on this page.

Daily turnover is unusually high at roughly 11% of market cap ($27.40M traded in 24 hours), the kind of liquidity that reflects an active news or trading cycle.

Monad's tokenomics combine its supply schedule, current circulating supply, and the relationship between circulating market cap and fully-diluted valuation. Only 11.8% of maximum supply is currently circulating, meaning future emissions remain a meaningful source of structural sell pressure. Issuance velocity and unlock schedules become important variables in any longer-term thesis. The fully diluted valuation (FDV) of $2.1 billion stands at 8.5× the current circulating market cap of $0.2 billion. The wider this ratio, the more issuance overhang the asset faces — a structural headwind on valuation that mature assets like Bitcoin do not face but that early-cycle assets typically do.

Whether the tokenomics help or hurt comes down to value accrual versus dilution — fee burns, reinvested staking yield and TVL growth on one side, scheduled emissions on the other. A favourable balance lets price grind higher without hype; an unfavourable one means the asset must keep attracting demand just to absorb issuance.

At the top of the macro stack sit interest rates, dollar liquidity and risk appetite, and crypto has tended to amplify all three. Easing financial conditions and a weaker dollar have historically pulled the sector up; tightening liquidity and a firmer dollar have reliably pulled it back down.

To read crypto in a wider context, keep an eye on four markets — the dollar, where strength typically pressures risk assets; long-dated Treasury yields, which set the discount rate on future cash flows; gold, sometimes a parallel hard-money bet; and US equities, frequently correlated with crypto during liquidity-driven swings despite the popular "uncorrelated" label.

Narrowing to Monad, the cleanest leading signal has usually been crypto-native liquidity — the combined trend in stablecoin supply, futures open interest and exchange turnover. When that pool of on-chain capital grows, MON has tended to advance with it; when it drains, the move has typically gone into reverse. Given the 90-day BTC correlation of +0.70, MON's near-term macro sensitivity will be similar to Bitcoin's — driven primarily by the same liquidity conditions and risk-asset flows.

General crypto risks apply: high volatility (double-digit daily moves are common), regulatory uncertainty, exchange and custody risk, and project-specific execution risk. With a smaller or less-established asset, liquidity can be thin — meaning larger orders move the price more, and exits during stress can be costly. Size positions accordingly and never commit more than you can afford to lose.