Monad Mainnet Launch and MON Listing on Kraken Nov. 24

Monad mainnet launch is scheduled for Nov. 24 at 9 a.m. ET, marking the MON token generation and direct airdrop to users who completed the Nov. 3 claim process. The MON token will list on Kraken at launch, with Phantom and Backpack wallets on board and trading enabled via Uniswap and Wormhole. The EVM-compatible Layer-1 chain offers up to 10,000 TPS and 1-second finality through parallel execution and superscalar pipelining. Key dApps such as Uniswap, Magic Eden, OpenSea, Molandaks and Alloca will be live at launch. The project has raised $244 million, led by Paradigm’s $225 million Series A, with backing from Electric Capital, Coinbase Ventures and others. Eligible participants span DeFi power users on Uniswap, lenders on Aave and Euler, meme-coin issuers, long-term NFT holders and DAO governors. Traders should track MON token liquidity, trading volume and market sentiment, as pre-launch activity shows cautious positioning.
Neutral
While the mainnet launch and MON token listing on Kraken represent positive technical and market developments, cautious pre-launch trading and potential short positions suggest volatility. Short-term market prices may be muted or face selling pressure due to subdued pre-launch performance. Over the long term, strong funding, high TPS capability and ecosystem integrations support a bullish outlook. These counterbalancing factors point to a neutral overall impact on MON’s price.