The Monad token has extended its upward momentum as renewed positive sentiment and expanding ecosystem developments drive increased demand. According to TradingView data, Monad’s price jumped more than 13% over the past 24 hours, outperforming the broader cryptocurrency market by nearly 1%. This recent rally has sparked bullish price predictions from several market observers, who point to technical progress and rising adoption across the network.
A major catalyst behind the price surge is the continued rollout of upgrades within the Monad ecosystem. Last week, the development team introduced a network upgrade proposal aimed at improving overall performance and functionality. This upgrade is expected to be deployed on both the testnet and mainnet during the first half of February 2026. Since the Monad mainnet launch in late November, the protocol has consistently released updates designed to support developers and allow users to seamlessly interact with decentralized applications. As interest in EVM-compatible blockchains continues to grow, Monad has benefited from strong user engagement and ecosystem momentum.
Another key factor supporting the Monad price rally is increasing DeFi activity on the network. Recently, liquid staking protocol Kintsu launched its SuperMON vaults on Monad, offering an attractive 14.51% annual percentage yield through automated strategies. The product quickly gained traction, recording over $100 million in total value locked shortly after launch. High-yield DeFi products typically drive token demand, as users must acquire and stake the native asset to participate, further strengthening buying pressure on Monad.
Despite the positive developments, criticism around the project has not disappeared. In a recent post on X, crypto commentator Manya criticized the protocol’s pace, highlighting that Monad has been under development for more than four years and raised significant funding, yet still trades roughly 90% below its all-time high. He labeled it the “worst crypto project of all time,” largely based on price performance.
However, other industry participants have pushed back against this narrative. Supporters argue that judging the project solely on short-term price action ignores technical progress and ecosystem growth. Institutional interest also remains evident, with Bitget recently offering an airdrop and up to 20% APR for users engaging with the Monad token. As development continues and adoption grows, many believe Monad’s long-term potential remains intact despite ongoing debate.
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