MON Price Jumps 15% as Monad Trading and Stablecoin Plans Grow
Monad’s MON token rose 15% in 24 hours to $0.0318 and gained 32.4% over the past week. MON remains 35.3% below its all-time high of $0.04883.
Spot trading volume climbed 226.6% to $145.2 million, while perpetual-futures open interest reached $188.2 million, equal to about half of MON’s $376.1 million market capitalisation. Positive funding rates of 0.0108% indicate that long positions currently dominate. MON’s RSI stood at 69.23, placing the token near overbought territory. The $0.027 level has shifted from resistance to support, while $0.03276 represents nearby resistance.
Separately, Singapore-based StraitsX plans to launch its XSGD and XUSD stablecoins natively on Monad in the first quarter of 2027, subject to technical, regulatory and compliance approvals. XSGD would be the first Singapore dollar-pegged stablecoin launched natively on Monad. The network currently supports about $692 million in stablecoin assets.
Monad is also developing post-quantum security upgrades, including wallet, consensus, staking and encrypted-mempool improvements. Major security deployments are targeted for 2028 and 2029. The combination of stronger MON trading activity, planned stablecoin issuance and long-term infrastructure upgrades may support investor interest, although high leverage and elevated RSI increase the risk of a short-term pullback.
Bullish
The immediate market signal is bullish. MON’s 15% daily gain and 32.4% weekly advance are supported by a sharp rise in spot volume, indicating stronger participation rather than a move driven only by thin liquidity. The planned launch of StraitsX’s XSGD and XUSD stablecoins could strengthen Monad’s payments ecosystem and create additional demand for network activity over the longer term. Post-quantum security development may also improve investor confidence in Monad’s infrastructure.
However, the rally carries notable short-term risks. Perpetual-futures open interest is high relative to MON’s market capitalisation, and positive funding suggests crowded long positioning. With the RSI near 70, traders may take profits if MON fails to break the $0.03276 resistance level. A move below $0.027 could invalidate the recent technical improvement and trigger liquidations. Similar rallies in smaller altcoins often continue while volume expands, but can reverse quickly when leverage unwinds.
Overall, the stablecoin roadmap and rising liquidity provide constructive medium- and long-term catalysts. The immediate outlook remains bullish, but volatility and liquidation risk are elevated, so traders should monitor support at $0.027, resistance near $0.03276, funding rates and open interest.