ON-CHAIN PERSPECTIVE & MARKET INSIGHT: MONAD BLOCKBUSTER L1
Bullish Breakout Signal:
*Shock Price Action:** #MON token had a classic "pillar climb", growing from 35% to over 52% in the first 24 hours after the TGE (Token Generation Event) and Mainnet launch. Importantly, this pump occurred when the market was "burning red" (market rout), indicating this is Alpha
(real demand from whales and large funds) rather than just widespread FOMO.
*Liquidity Bootstrapping Successful:** The listing and sale of 7.5% of the tokens through Coinbase (a Tier 1 CEX) is an extremely smart distribution and liquidity creation strategy, reducing initial selling pressure and quickly attracting capital inflow.
Competitive Edge:
*EVM Maxed-out:** The narrative "Ethereum Compatibility (EVM) + Solana Performance (Parallel Execution)" of Monad is a direct hit at the inherent weaknesses of all other EVM L1s.
*Massive War Chest:** With a total of $248M in funding from large funds like Paradigm, Monad has enough "ammunition" (War Chest) to build its Ecosystem and run large-scale DeFiance (incentives) programs.
In-Depth Analysis:
*Next Focus:** Now, attention will shift from "Funding" and "Token Launch" to "TVL & Dapp Adoption". On-chain members need to closely monitor the growth rate of Total Value Locked (TVL) and the number of Tier 1 Dapps moving/building on Monad.
*Resistance:** $MON is currently in the Price Discovery phase. The first psychological resistance level will be the Round Number levels (e.g., $0.05, $0.1) after this strong price increase. Caution is needed with short-term profit-taking from Airdrop Receivers and VCs.
In conclusion: Monad had a debut that couldn't be more perfect, affirming its position as one of the strongest candidates for the next "Solana Killer" in this cycle. Hold the line and Watch the TVL!
