Monad’s Public Sale Goes Live on Coinbase As TGE Nears

The Monad ($MON) public token sale, marking Coinbase’s first-ever regulated token launch platform, kicked off on November 17, 2025, and remains live as of today.

This event allows verified users in over 80 countries—including the U.S.—to participate in early access to Monad’s native token ahead of its mainnet launch on November 24. The platform stems from Coinbase’s $375 million acquisition of Echo Launchpad in October 2025, aiming to provide compliant fundraising for retail investors post-SEC ICO restrictions.

Over $100 million ~53% subscribed, with $43 million in the first 30 minutes. Minimum $100; Maximum: $100,000 in USDC. If oversubscribed, lower requests filled first to promote broad distribution and limit whale dominance.

100% at TGE (Token Generation Event) on mainnet launch (November 24). Verified Coinbase account with KYC/AML compliance; 2FA enabled; phone verification. Note: Restricted in some regions like India.

Monad, a high-performance EVM-compatible Layer-1 blockchain, has already raised $244 million from VCs like Paradigm and Dragonfly. $MON will power transaction fees, staking, and validator incentives. Pre-market trading shows +64% premium over ICO price, but broader market weakness (e.g., BTC dip) has slowed momentum—fundraising hit $100M+ even as BTC fell under $90K.

Community buzz on X highlights it as a “cheapest entry” before mainnet, with users sharing allocation requests.To participate: Log into Coinbase, prepare USDC, and request allocation via coinbase.com/token-sales/monad.

Tokens distribute post-sale on November 24. Bitcoin (BTC) indeed tumbled below $94,000 over the November 16-17 weekend, erasing most of 2025’s gains and hitting a six-month low around $93,800 before a partial rebound to ~$95,700 by Monday close.

This ~24-25% drop from October’s $123,000 peak has wiped $600 billion from the total crypto market cap, driven by ETF outflows exceeding $1 billion, long-term holder sales 815K BTC offloaded, and spiking “extreme fear” on the Crypto Fear & Greed Index.

Broader factors include a tech stock sell-off, yen carry trade unwind echoes, and uncertainty around U.S. tariffs under President Trump. The “death cross”—where the 50-day moving average crosses below the 200-day MA—confirmed on daily/weekly charts, a bearish pattern last seen in April 2025.

BTC also closed below its 50-week SMA for the first time since 2022. However, history in this cycle tempers the doom: All three prior death ccrossesas as at Sept 2023 at $25K, Aug 2024 at $49K, April 2025 below $75K marked local bottoms, followed by +42% average rebounds within weeks.

$92K (CME gap fill), $88-90K major historical floor, potential deeper to $60-70K if broken. Resistance: $98-102K near-term rebound target, $100K psychological. On-Chain Signals: Whales accumulated $3B+ this week; liquidity pools cluster at $89-94K as buy zones.

Analysts like Benjamin Cowen see it as a contrarian buy if no bounce by Nov 21—post-fear Nov rallies averaged +42% historically. Gold’s +55% YTD contrasts BTC’s flat performance, but Senate crypto bills and liquidity injections could fuel a Q4 snapback to $120K EOY.

Monad is a Layer-1 (L1) blockchain designed to solve the blockchain trilemma—balancing scalability, security, and decentralization—while maintaining full compatibility with the Ethereum Virtual Machine (EVM).

Monad’s optimizations deliver hardware-efficient, high-throughput processing, making it suitable for consumer-grade dApps like high-frequency trading or real-time gaming.Metric

These metrics stem from real-world testing: Monad’s testnet processed over 2.44 billion transactions, peaking at 34 million daily, with 240+ ecosystem projects. Key Architectural InnovationsMonad’s design decouples and optimizes Ethereum’s bottlenecks—execution, consensus, state storage, and I/O—using four pillars.

Unlike Ethereum’s sequential processing one tx at a time, Monad uses an optimistic parallel execution model. Transactions are executed concurrently across multiple threads, assuming no conflicts (e.g., shared state reads). If conflicts arise (e.g., two txs writing to the same account), it reverts and retries only the affected ones.

This “wash, dry, fold, store” analogy illustrates: Multiple tasks run in parallel, then results are serialized in original order for EVM compatibility. 100-1,000x faster execution than Ethereum, enabling 10k TPS without sacrificing determinism.

MonadBFT Consensus

A pipelined Byzantine Fault Tolerance (BFT) variant of HotStuff, optimized for low latency. It uses “fan-out, fan-in” messaging linear communication overhead and tail-forking resistance to prevent honest blocks from being orphaned during delays.

Leaders repropose blocks for ~1s finality. Unlike Ethereum’s probabilistic PoS which needs 2 epochs for finality, Monad decouples consensus from execution: Headers finalize first, then txs execute speculatively in parallel pipelines. This boosts throughput by 2-5x over traditional BFT systems like Tendermint.

Execution is deferred post-consensus, with async I/O for non-blocking reads/writes (e.g., state access). Superscalar pipelining like CPU instruction overlap processes stages in overlapping waves. Combined with parallel execution, this handles Ethereum-scale workloads at Solana-like speeds, but with EVM’s security model.

A columnar, distributed database built in Rust for parallel access and low-latency queries. It replaces Ethereum’s Merkle Patricia Tries slow for high TPS with a key-value store optimized for async reads 99% of tx ops. Supports SSD-only storage, reducing hardware costs by 10x vs.

RAM-heavy alternatives like Solana’s. Enables 1B+ txs/day with sub-ms query times. 100% compatible with Ethereum’s opcode set, addresses, and gas model EIP-1559 with MON token. Port dApps from Ethereum instantly—no rewrites, audits, or new SDKs needed.

Matches Solana’s speed/decentralization but adds EVM compatibility, avoiding Rust rewrites or outages from high hardware demands. Monad’s BFT is more resilient to spam than Solana’s Gulf Stream.

As a new chain, it faces adoption risks and potential early bugs mitigated by rigorous audits. Parallelism adds minor complexity for edge-case txs, but optimistic rollback keeps it rare.

Monad’s advantages lie in its EVM-reimagined stack: Parallelism + custom DB + pipelined BFT = Solana-speed Ethereum without compromises. This positions it for mass-market dApps, with $244M+ in funding signaling strong backing. For devs, it’s a drop-in upgrade; for users, it’s cheaper/faster crypto.