Monad has drawn significant market attention following the launch of its mainnet and the distribution of its token, with demand for the new Layer 1 network rising sharply.
The debut has been accompanied by a notable increase in both user participation and on-chain activity.
According to available data, the number of MONAD holders has climbed quickly, rising from roughly 2,400 to 9,200 within a 24-hour period, an increase of about 283%.
The jump suggests strong early interest in the project and expanding engagement from new participants.
Transaction activity has moved in parallel with the growth in holders.
Since going live, Monad’s blockchain has processed more than 2 million transactions per day on average.
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Over the past two days, cumulative activity reached 4.2 million transactions, indicating sustained usage across the network.
The network’s throughput so far appears to reflect active participation rather than artificially inflated traffic, with the chain operating at high volume shortly after launch.
In market terms, MONAD is trading at $0.0461, remaining above its $0.040 support level after a 40% rise over the past day.
The token has emerged as one of the stronger performers of the week, supported by rising user growth and elevated network activity.
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