Gate News Bot news, on November 25, according to CoinMarketCap data, as of the time of writing, MON (Monad) is currently reported at $0.03, with an 8.80% rise in the last 24 hours, reaching a high of $0.04 and a low of $0.02. The current market capitalization is approximately $339 million, an increase of $27.4 million compared to yesterday.
Monad is a next-generation Ethereum-compatible chain that offers a processing capacity of 10,000 transactions per second, sub-second finality, low fees, and scalable decentralization. Monad is fully compatible with EVM at the bytecode level, which means Solidity contracts, EVM addresses, infrastructure, tools, and libraries are all ready to use out of the box. The network has over 200 validators and uses a custom database with lower system requirements, allowing validators to run nodes on consumer-grade hardware.