Monad Is Still Rallying, But How Long Will It Last?

Monad's MON token is experiencing a significant rally, climbing over 70% above its public sale price despite a weak broader crypto market. This outperformance is attributed to its token distribution design, where only about 10-11% of the 100 billion supply was unlocked at launch, locking up over 50% with the team and investors until 2029. This limited float absorbed initial selling pressure from airdrop recipients, preventing the steep crashes seen in many recent launches. Furthermore, MON benefited from immediate, deep liquidity across major exchanges, shielding it from volatility. On-chain metrics were surprisingly strong for a new Layer 1, recording 3.7 million transactions and 153,000 active addresses in the first 24 hours, reinforcing the perception of a functional ecosystem. Even influential figures like Arthur Hayes acknowledged the token's low float and high FDV, though he bought in, reflecting its speculative appeal. The rally is expected to sustain in the short term due to current demand and liquidity, but medium-term pressure will build as vesting schedules unlock supply, making long-term resilience dependent on sustained fundamental execution and ecosystem growth.

(Source：BeInCrypto)