Updated: February 24, 2026 | Tapbit Crypto News & Updates
Monad (MON) is trading around $0.02022, up 6.13% in the last 24 hours. While MON remains well below its 2025 high, the token continues to attract attention because Monad is positioned as a high-performance EVM-compatible Layer 1 — a narrative that remains popular in 2026 as traders look for scalable alternatives to legacy chains.
This article covers Monad’s project thesis, the current MON chart setup, what traders should monitor this week, and how to trade MON on Tapbit with disciplined risk management.
Table of Contents
- The Hidden Signal: Recovery From Deep Drawdown
- What Is Monad (MON)?
- Technical Analysis: Range Recovery vs Rejection
- The Verdict: Strong Tech Story, Needs Sustained Momentum
The Hidden Signal: Recovery From Deep Drawdown
The key signal for MON is a stabilization attempt after a large drawdown. MON is still down significantly from its all-time high of $0.04876, but it has rebounded from the recent low near $0.01615. This can be an early accumulation pattern if volume and ecosystem sentiment improve.
MON’s 24h volume is $59.89M against a $219.01M market cap, which indicates the token is still actively traded and liquid enough for tactical traders.
What Is Monad (MON)?
Monad is a high-performance Layer 1 blockchain designed to address scalability limitations while staying fully compatible with the Ethereum Virtual Machine (EVM). That means developers can migrate Ethereum applications with minimal friction and continue using familiar tooling.
Public project materials and listings emphasize Monad’s value proposition: high throughput, low latency, EVM compatibility, and optimistic parallel execution. In simple terms, Monad is trying to improve blockchain performance without forcing developers to abandon the Ethereum ecosystem.
Technical Analysis: Range Recovery vs Rejection
MON is currently trading in a recovery zone, but it still needs stronger confirmation to flip the broader structure bullish.
- Current Price: $0.02022
- 24h Low: $0.01911
- 24h High: $0.02082
- All-Time High: $0.04876
- Recent Low: $0.01615 (Feb 6, 2026)
Bull case: MON holds above $0.019–$0.020 and pushes through $0.0208, opening the door to a stronger short-term trend reversal.
Bear case: Failure to hold the $0.019 area may send MON back toward prior lows, especially if broader altcoin sentiment weakens.
The Verdict: Strong Tech Story, Needs Sustained Momentum
MON benefits from a credible and easy-to-understand narrative: “faster EVM chain with parallel execution.” That’s attractive for both developers and traders. But as a token, MON still needs sustained demand and ecosystem traction to fully reclaim prior highs.
Forecast: MON looks like a high-risk accumulation candidate if it continues building support above $0.019. A breakout above $0.0208 could improve short-term sentiment, while a breakdown below support would delay any recovery thesis.
Tapbit Trading Strategies – February 2026
- Sign Up on Tapbit (0% maker fees)
- Deposit USDT or JPY via P2P / bank transfer
- DCA Strategy: Build spot exposure in small tranches near support
- Confirmation Strategy: Add only after a clean breakout above local resistance
- Risk Control: Avoid oversized leverage in range-bound conditions
What to Watch This Week
- $0.02082: Short-term breakout level
- $0.01911: Immediate support from the recent range
- Ecosystem/newsflow: Official Monad updates and developer adoption signals
- Market-wide altcoin sentiment: MON is still sensitive to risk-on / risk-off flows
FAQs – Monad (MON) Price Outlook 2026
What makes Monad different from other Layer 1 chains?
Monad emphasizes high throughput and low latency while remaining EVM-compatible, making it easier for Ethereum developers to port apps.
Is MON a long-term or short-term trade?
It can be both, but the current market setup is still volatile. Many traders prefer staged entries and confirmation-based risk management.
Why is EVM compatibility important?
It lowers developer switching costs and makes it easier for existing Ethereum apps and users to adopt a new chain.
Where can I track MON markets?
You can monitor live crypto prices and major pairs on Tapbit and manage spot or derivatives positions according to your strategy.
Trade MON responsibly on Tapbit:
Disclaimer: This article is for information only and should not be considered financial advice. Crypto investing involves substantial risk.
