MON Token Jumps 62% as Monad Mainnet Launches With Over 100 Applications

Monad launched its mainnet on November 25, 2025, alongside its native MON token, which rose 62% to $0.04 in early trading. The network onboarded more than 100 applications and accumulated $115 million in total value locked within hours of going live. Trading activity concentrated on Coinbase, Bybit, and Upbit, with first-day volume reaching $1.2 billion.