Monad’s MON token successfully launched on November 24, 2025, on Coinbase’s new token sale platform, securing $270 million from 85,000 participants globally.
The oversubscribed sale highlights strong market interest and suggests robust confidence in Monad’s technological offerings and institutional collaborations.
The launch of Monad's MON token witnessed substantial participation with over 85,000 participants. The public sale, conducted via Coinbase's platform, concluded successfully.
The Monad Foundation launched its mainnet, marking a significant milestone without reported hiccups. The sale, raising $270 million, emphasized strong institutional and retail support.
Successful Oversubscription Defies Initial Skepticism
Monad's token sale demonstrated robust demand, contradicting claims of a sluggish start. The successful oversubscription indicates broad investor interest.
This success enhances Monad's technological reputation, with expectations for increased ecosystem development. Major exchanges including Upbit listing MON augments its market presence.
Emily Zhao, Director of Marketing, Coinbase - "The overwhelming response for Monad's token sale showcases the appetite for innovative blockchain solutions in today's market."
Monad's Layer 1 Blockchain Establishes New Precedent
Unlike some initial token launches that stumbled, Monad's market entry stands out as a positive departure. Its technical edge further solidifies its position.
Experts note that Monad's approach to its token sale and platform launch sets a realistic precedent for future Layer 1 blockchains, reflecting strong strategic planning.