Monad Signals Oct. 6 Privacy Service Launch as MON Rises 17%

Monad has signaled a planned privacy service launch for Oct. 6, while its MON token rose more than 17% over 24 hours to about $0.0324.

A teaser video carried the message “Privacy is coming.” Monad has not disclosed the service’s scope or when any privacy features might become available.

The planned launch date coincides with Monad’s Open event in Singapore. The project’s ecosystem also includes Kuru, an on-chain order trading platform that has recorded more than $7 billion in total trading volume.

The available details do not establish what drove MON’s price move. The privacy service launch is planned for Oct. 6.