Conclusion: As a VC analyst, I believe Monad has 10x potential, suitable for patient investors. Backed by Paradigm's $244 million financing, this EVM-compatible L1 chain can reach 10,000 TPS, combining Ethereum's ease of use. Risks? Intense competition and token dilution. But if the mainnet adoption explodes, it could have a surge comparable to Solana's. Get in early, don't wait for retail investors to swarm!

Hello everyone, I am a blockchain VC analyst, having screened hundreds of L1 projects. Monad is not a hype, but an engineering masterpiece created for developers tired of Ethereum's high Gas fees. Below is a concise analysis from an investor's perspective, suitable for quick browsing on Twitter, yet deep enough for peers to reference.

• Project Overview: Monad Labs was established in 2023, core team from Jump Trading: CEO Keone Hon (veteran in high-frequency trading), CTO James Hunsaker (expert in execution engines), COO Eunice Giarta (operations expert). Positioning? EVM-compatible L1 'state replicator', optimized for large-scale adoption, balancing decentralization, like putting Ethereum's soul into Solana's body.

• Technology: Monad reshapes EVM, adopting parallel execution (like superscalar CPUs processing transactions) and JIT compilation with C++/Rust, extremely fast. The underlying protocol MonadBFT optimizes BFT consensus, 1 second confirmation, 10,000 TPS, can run on regular hardware. Security? Production-level audits, no Solana-style outages. Not only fast, but also seamlessly migrate Ethereum applications.

• Product/Ecosystem: Focus on L1, empowering DEX (like Kuru), NFT, GameFi (Lumiterra's activities are booming) and DeFi centers. After the mainnet launch in 2025, user activity surges, the testnet attracts a large number of users and developers. TVL starts at about $500 million, with over 50 dApps in the ecosystem, ultra-low fees attract non-crypto native users. Growth secret: low barriers to entry = viral spread.

• Token Economics: MON as the Gas token, total supply of 100 billion (large, but has a fee burn mechanism). Distribution: 20% ecosystem fund, 15% team (6-month lockup + 2-year release), 10% investors (similar lockup), the rest for liquidity and community. Uses? Payment for transactions, staking, governance, network TVL growth directly boosts value. Release pace slows selling pressure, but initial unlocks require caution.

• Market and Competition: Pre-TGE fully diluted market cap of about $740 million (circulating supply pending mainnet confirmation), targeting the trillion-level L1/DeFi market. Goals: enterprise-level DeFi, gaming, RWA (speed determines victory). Competitors? Solana (fast but prone to outages), Ethereum L2 (cheap but fragmented), newcomers like MegaETH/Hyperliquid. Monad's advantages: EVM moat + decentralization. If it attracts 5% of Ethereum users, the potential is enormous.

• Financing History: Steady start, $19 million seed round in 2023 (angel investors like Electric Capital), $225 million Series A round on April 2, 2024 (led by Paradigm), totaling $244 million. Valuation around $3 billion, top VC endorsement, funds used for mainnet optimization and ecosystem incentives, no obvious red flags.

• Risk Analysis: Technical Risk: Medium (parallel execution has not been validated on a large scale, potential bugs). Regulatory Risk: Low (EVM compatibility avoids SEC troubles). Market Risk: High (the L1 track is littered with corpses, needs killer applications to break through). Liquidity Risk: Relatively High (if the total supply of 100 billion faces weak demand, it may dilute), Aevo/Whales pre-market volatility requires caution.

• Investment Advice: VC Perspective? Worth investing, suggest allocating 5-10% of the portfolio, pursuing high asymmetric returns. Upside potential: if ecosystem TVL reaches $5 billion+ within 12-18 months (driven by ecosystem fund flywheel effect), a return of 5-10 times is expected. Downside risk: macro downturn or adoption failure may halve the value by 50%. DYOR, but this is like early Solana — betting on technology, not short-term speculation.

Future trends and price predictions

Monad Trend? Bullish after mainnet launch: Q4 2025 due to the influx of GameFi/DeFi, TVL expected to exceed $2 billion.

Price Prediction:

By December 2025, it may reach $0.01-0.015.

(current pre-market around $0.007), provided that BTC remains stable. If it captures 10% of Solana's market share,

By 2026, it may reach $0.05+.

Bullish on MON, building a position in Monad — the future is in parallel. What do you think? Leave a message to chat!

#Monad #L1 #区块链投资