Loading Ratings...
Monad MON Token Sale Concludes with 86K participants and $269M committed on Coinbase, marking one of the largest crypto public sales.
Author: Akshat Thakur
Published On: Sun, 23 Nov 2025 13:34:29 GMT
November 23, 2025 — Monad MON Token Sale Concludes with overwhelming success as the public sale on Coinbase attracts 85.8K participants and $269M in commitments, 1.43x oversubscribed. This marks the first major regulated token sale on Coinbase since 2018.
The Monad MON Token Sale Concludes after a 5.5-day event hosted exclusively on Coinbase, marking a rare regulated public sale on a major U.S. exchange. The sale allocated 7.5% of the total 100 billion MON supply at $0.025 per token, placing the project at a $2.5 billion fully diluted valuation.
This structure allowed both retail and institutional participants to engage confidently under full regulatory scrutiny, setting a new standard for token distribution transparency in the industry.
The sale drew participants from more than 70 countries, reflecting Monad’s broad ecosystem appeal. Commitments reached $269 million in USDC, surpassing the minimum target and oversubscribing the allocation by 1.43x.
Coinbase’s allocation algorithm ensured that 99% of buyers received their requested amounts, reinforcing fairness in a market often dominated by private rounds and insider allocations. Monad’s momentum signals strong community belief in an alternative high-performance EVM Layer 1.
Monad’s architecture addresses Ethereum’s high fees and performance bottlenecks with 10,000 TPS throughput and 0.8-second finality while maintaining full EVM compatibility.
Its parallel execution engine, optimized state management, and modular design give developers a faster foundation without sacrificing tooling familiarity. These technical advantages significantly influenced investor sentiment, fueling the oversubscription and wide global participation seen in the sale.
With the token sale completed, Monad shifts focus toward mainnet rollout, developer onboarding, and ecosystem expansion. Funds from the sale and unsold allocations will reinforce liquidity, grants, and infrastructure development.
Developers across DeFi, gaming, and high-performance dApps are expected to experiment aggressively with the early test environments. If delivered as promised, Monad could emerge as a leading execution-focused Layer 1 competing with Solana, Sui, and Aptos.
Real voices. Real reactions.
@coinbase Getting ready to fud Coinbase and Monad if I don’t get full allocation from the ICO https://t.co/GQfx3AFQes
@coinbase Why is the money I allocated back in my account as cash? Am I the 1% that will. It receive any allocation?
@coinbase For the next one, could you let more countries participate? Idk like those ones that you have all other operations running and clients but for some reason decided to exclude this time?
Our Crypto Talk is committed to unbiased, transparent, and true reporting to the best of our knowledge. This news article aims to provide accurate information in a timely manner. However, we advise the readers to verify facts independently and consult a professional before making any decisions based on the content since our sources could be wrong too. Check our Terms and conditions for more info.
Monad MON Token Sale Concludes Successfully on Coinbase
Coinbase Executes Internal Wallet Migration
Zebec Network Teases ISO 20022 Integration In Bid To Enter Institutional Payments
Casper Network Launches v2.1 Testnet Upgrade With Faster Blocks and Full Fee Burn
Monad MON Token Sale Concludes Successfully on Coinbase
Coinbase Executes Internal Wallet Migration
Zebec Network Teases ISO 20022 Integration In Bid To Enter Institutional Payments
Casper Network Launches v2.1 Testnet Upgrade With Faster Blocks and Full Fee Burn
