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Monad Insights: AI-Driven Trends, Community Score & Developer Activity Score

Summary

MONAD Price
$0.02925467
24 hours
+7.76%
7 days
+28.85%
Sentiment
92.11%
7.89%
Total Volume
$234M
Market Cap
$316M
Market Category
Community Score
Developer Score
VMR Score
% gains (ATH)

Welcome to Monad, the cutting-edge Layer 1 blockchain revolutionizing the way transactions are processed. With an impressive capability to handle 10,000 transactions per second and minimal transaction fees, Monad creates a robust infrastructure ideal for high-frequency applications without sacrificing security or decentralization. What truly sets Monad apart is its innovative approach to transaction processing. Unlike traditional blockchains that handle transactions sequentially, Monad utilizes advanced parallel execution techniques. This unique methodology separates the agreement and execution phases, allowing validators to efficiently agree on transaction inclusion and order while executing multiple transactions simultaneously. This process, complemented by the optimized MonadDB database, significantly boosts throughput while ensuring transaction accuracy. Designed with complete Ethereum Virtual Machine (EVM) compatibility in mind, Monad empowers developers to seamlessly run Ethereum-based applications without any modifications. Users can easily interact with their favorite wallets, such as MetaMask, ensuring a familiar experience while tapping into Ethereum's extensive ecosystem of tools and libraries. Furthermore, Monad’s reliance on consumer-grade hardware allows more individuals to participate in network security, enhancing decentralization and affordability. Backed by significant funding totaling approximately $244 million, including a solid $19 million seed round led by Dragonfly Capital and a remarkable $225 million Series A led by Paradigm, Monad is poised to shape the future of decentralized applications. Join the Monad community today and discover the potential of a high-performance blockchain designed for the next wave of digital innovation!