Monad is arguably the most discussed new crypto project at the moment, primarily due to its promise of combining extreme speed with true decentralization. The token of this blockchain initiative is MON, which plays a central role within the network that has been in development for over three years.
Is Monad the Next Crypto Breakthrough? #
Monad attempts to solve a well-known problem in the blockchain world: how to achieve both speed and decentralization simultaneously. Many existing networks become faster by using powerful computers or central servers. This not only makes it more difficult for ordinary users to participate but can also reduce security.
Monad does things differently. Thanks to intelligent software, transactions can be processed much faster without the need for expensive hardware. The network is secured by a global network of validators—computers that verify that everything is correct. Because of the low requirements, almost anyone can run a validator, increasing both accessibility and decentralization.
For users, this means that trading, payments, or participating in projects on Monad is faster and cheaper. For developers, the network is fully compatible with existing Ethereum applications. In short: everything that currently works on Ethereum can also be used on Monad.
Monad performs exceptionally well so far: the network can process around 10,000 transactions per second (TPS), produces a new block every 0.4 seconds, and achieves finality—the moment a transaction is final—within 0.8 seconds. As a result, applications react almost instantly, and transaction fees remain low.
For comparison, Ethereum processes only an average of 15 TPS with a block time of 12 seconds and a finality of 12+ minutes. Even many Layer 2 solutions like Arbitrum or Optimism, known for their speed, do not come close to Monad’s performance.