Monad activated its mainnet following nearly three years of development since its January 2023 fundraising. The platform targets over 10,000 transactions per second using parallel execution architecture and custom consensus mechanisms. MON token trading began on Solana and Hyperliquid, with Solana recording over $60 million in 24-hour volume. Market gains across Bitcoin, equities, and gold coincided with December Federal Reserve rate cut probabilities climbing above 80%.