Monad (MON) has recorded an increase of over 19% in just the past 24 hours, indicating that speculative capital is returning to the market, although profit-taking pressure has already started to emerge.
The current price movement shows that MON is in a positive recovery trend. However, the daily increase is not entirely random but supported by several key factors from both market psychology and short-term capital flows. The question is whether Monad has enough momentum to sustain this upward trend, or if this is just a short-term euphoric phase after the launch?
Why is Monad rising today?
According to data from Artemis, the network activity of MON reflects a mixed market sentiment, but slightly leaning towards an upward trend.
The latest indicators show that the network has recovered significantly from the bottom set on 12/11. Over the past week, both daily active users and new users have increased, although the active user group still accounts for the majority.
Specifically, the average number of active users is around 76,000, while new users number about 24,000. On-chain activity is also lively, with over 1.6 million transactions per day.
Source: Artemis Although these indicators are fluctuating relatively stably around the current level, they are still noticeably higher than last week, providing a foundation to support the price trend. In fact, the price movement of MON has closely reflected the improving pace of network activity.
Additionally, Monad’s integration of the USD1 stablecoin has helped increase liquidity for the ecosystem, making MON’s price volatility more prominent and pushing this token into the group of double-digit growth cryptocurrencies in a single day.
Finally, the implementation of staking on exchanges also plays an important role in limiting potential supply. When a large amount of tokens are locked and not circulating, buying pressure on the remaining tokens in the market is consequently reinforced.
Can MON sustain its upward momentum?
On the technical chart, Monad (MON) has officially broken out of the converging triangle pattern after a prolonged accumulation phase since 12/18. Notably, this breakout has been strong in recent 24 hours, indicating a clear change in market momentum.
Technical signals are leaning towards a positive trend: RSI shows bullish divergence, while Bollinger Bands are expanding, reflecting increased volatility and confirming that the bulls (bull) are in control. This also explains the explosive price increase immediately after the pattern was broken.
Source: TradingView The price maintaining stability above the support zone of $0.02169 opens up room for MON to target the next goal at $0.02667. However, a short-term correction cannot be ruled out, aiming to “shake out” weak positions before establishing a clearer trend.
Can MON maintain its upward momentum after this potential correction? The developments in the next few sessions, along with overall market sentiment, will play a crucial role in determining the answer.
Capital inflow into the ecosystem
In the overall market picture, Monad emerges as the third-largest selling token among new cryptocurrency projects in 2025. The project has generated over $217 million in revenue, reflecting significant appeal and strong capital inflows into this ecosystem.
Source: Wu Blockchain Notably, a considerable portion of this capital comes from new investors, as mentioned in previous analyses. However, the scale of this new user group is still modest, indicating substantial growth potential in the near future.
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