Close Menu
Cryphedge.com
  • Home
  • Crypto News
    • Bitcoin
    • NFT News
  • Altcoins
  • Scams
  • Blockchain
  • Regulations
  • Trading
Facebook X (Twitter) Instagram
Cryphedge.com
  • Home
  • Crypto News
    • Bitcoin
    • NFT News
  • Altcoins
  • Scams
  • Blockchain
  • Regulations
  • Trading
Cryphedge.com
Home » Monad (MON) price slips after profit-taking as traders eye $0.030 resistance
Monad (MON) price slips after profit-taking as traders eye alt=

Monad (MON) price slips after profit-taking as traders eye $0.030 resistance

February 17, 20263 Mins ReadNo Comments Bitcoin
Share
Facebook Twitter LinkedIn Pinterest Email

  • Monad price moved within the $0.020 and $0.23 range on Tuesday.
  • The layer 1 project eyes traction as $100 million in private credit becomes verifiable on-chain.
  • MON price could retest resistance at $0.030.

Monad’s native token, MON, was trading near $0.021 after falling about 7% over the past 24 hours.

Data from CoinMarketCap showed the decline followed renewed profit-taking after prices revisited the $0.025 level.

Continued weakness in Bitcoin and other major altcoins could add further pressure on MON in the near term.

However, some analysts see potential for a rebound as Monad positions itself as a platform for institutional-grade decentralised finance.

Recent developments include a network milestone that enables $100 million in private credit to be fully verifiable on-chain, as well as leadership changes at the Monad Foundation, which have renewed interest in the project’s longer-term prospects.

Monad’s growth amid Valos $100 million private credit launch

Monad’s public mainnet went live in November 2025, with the team unveiling a token sale on Coinbase.

In the few months since, the L1 project has seen nearly $480 million in stablecoin market cap, and DeFiLlama shows total value locked (TVL) currently sits at over $250 million.

Growth along these metrics suggests the native MON token could benefit as adoption ramps up.

On Tuesday, Valos announced the launch of a $100 million private‑credit vault on Accountable’s Yield App.

Notably, the private credit is now fully verifiable on‑chain via Monad. On-chain private credit effectively bridges traditional finance and DeFi, adding to adoption potential.

In parallel, the Monad Foundation has strengthened its institutional‑facing leadership by appointing three senior executives.

Urvit Goel joins from the Optimism Foundation as VP of go-to market, Joanita Titan assumes the role of head of institutional growth from FalconX, and Sagar Sarbhai, formerly of BVNK, is the new head of institutions for Asia‑Pacific.

The hires target institutional investors of the L1, which in turn could support higher demand for MON within an expanding ecosystem.

Monad price forecast

At the time of writing, MON trades in the $0.020-$0.023 range, with daily trading volume down 30% to suggest seller dominance is waning.

Monad Price Chart
Monad price chart by CoinMarketCap

From a short‑term perspective, protocol adoption and shifts in macro conditions could help bulls hold $0.020 as they target a breakout to $0.030.

This outlook has been helped by the bounce from all-time lows of $0.016 in early February.

If momentum flips bullish, the all-time high near $0.05 will be a fresh short-term target.

On the downside, negative sentiment around new layer 1 tokens could scuttle bulls’ ambitions.

That outlook has hindered ZetaChain, Berachain, and Aster in recent weeks. Monad’s token could thus revisit lows of $0.016-$0.010 as support levels.


Share this article

Categories

Tags

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
cryphedge

Related Posts

Bitcoin and Ethereum Set To Extend Gains, but Remittix Could Offer Best Value With New Offerings

July 21, 2026

Ethereum price forecast: ETH eyes $2,000 breakout as ETF inflows boost momentum

July 21, 2026

Shiba Inu tops $0.0000042 as exchange outflows and bullish derivatives boost sentiment

July 21, 2026

White House Ethics Package Update

July 21, 2026
Add A Comment

Comments are closed.

Editors Picks

Trump backs crypto ethics limits, putting CLARITY Act decision in Democrats’ hands

July 21, 2026

BitMine is now $484 million away from completing its 5% Ethereum target

July 21, 2026

Bitcoin CLARITY Act Deal Pushes BTC Toward $67,000

July 21, 2026

XRP Jumps 4% As Traders Watch Critical Triangle Breakout Toward $1.35

July 21, 2026
About

cryphedge is an online news portal that aims to share the latest crypto news, bitcoin, altcoin, blockchain, nft news, regulation, trading, crypto scams and much more stuff.

Facebook X (Twitter) Instagram Pinterest YouTube
Top Insights

Sports blew up prediction markets. Now it could destroy them

March 28, 2026

Hackers Infiltrate New York Post X Account to Target Crypto Subscribers

May 5, 2025

ERC7007 Own Your AI Creations, Effortlessly

February 15, 2025
Subscribe
Please enable JavaScript in your browser to complete this form.
Loading
  • Contact Us
  • Disclaimer
  • Privacy Policy
  • Terms of Use
  • DMCA

Type above and press Enter to search. Press Esc to cancel.

  • bitcoinBitcoin(BTC)$66,381.001.61%
  • ethereumEthereum(ETH)$1,923.181.00%
  • tetherTether(USDT)$1.000.01%
  • binancecoinBNB(BNB)$572.790.08%
  • usd-coinUSDC(USDC)$1.000.00%
  • rippleXRP(XRP)$1.153.25%
  • solanaSolana(SOL)$77.900.22%
  • tronTRON(TRX)$0.3294630.86%
  • Figure HelocFigure Heloc(FIGR_HELOC)$1.000.13%
  • HyperliquidHyperliquid(HYPE)$60.30-2.85%
  • dogecoinDogecoin(DOGE)$0.0734621.77%
  • RainRain(RAIN)$0.0146083.25%
  • USDSUSDS(USDS)$1.000.01%
  • leo-tokenLEO Token(LEO)$9.710.00%
  • zcashZcash(ZEC)$531.97-2.81%
  • WhiteBIT CoinWhiteBIT Coin(WBT)$57.761.50%
  • stellarStellar(XLM)$0.1920862.00%
  • moneroMonero(XMR)$349.294.01%
  • cardanoCardano(ADA)$0.1736122.85%
  • chainlinkChainlink(LINK)$8.610.60%
  • CantonCanton(CC)$0.1261672.01%
  • daiDai(DAI)$1.000.01%
  • bitcoin-cashBitcoin Cash(BCH)$223.571.83%
  • Gram (prev. Toncoin)Gram (prev. Toncoin)(GRAM)$1.546.70%
  • USD1USD1(USD1)$1.000.01%
  • Ethena USDeEthena USDe(USDE)$1.000.00%
  • litecoinLitecoin(LTC)$46.93-0.59%
  • Global DollarGlobal Dollar(USDG)$1.00-0.01%
  • suiSui(SUI)$0.77-0.04%
  • hedera-hashgraphHedera(HBAR)$0.0694315.12%
  • Circle USYCCircle USYC(USYC)$1.13-0.01%
  • avalanche-2Avalanche(AVAX)$6.590.02%
  • PayPal USDPayPal USD(PYUSD)$1.000.01%
  • crypto-com-chainCronos(CRO)$0.0584191.03%
  • BlackRock USD Institutional Digital Liquidity FundBlackRock USD Institutional Digital Liquidity Fund(BUIDL)$1.000.00%
  • shiba-inuShiba Inu(SHIB)$0.0000041.00%
  • nearNEAR Protocol(NEAR)$1.93-2.26%
  • tether-goldTether Gold(XAUT)$4,078.201.76%
  • uniswapUniswap(UNI)$3.691.89%
  • Ondo US Dollar YieldOndo US Dollar Yield(USDY)$1.140.47%
  • OndoOndo(ONDO)$0.39982612.17%
  • BittensorBittensor(TAO)$198.961.72%
  • pax-goldPAX Gold(PAXG)$4,073.911.78%
  • World Liberty FinancialWorld Liberty Financial(WLFI)$0.056398-0.80%
  • okbOKB(OKB)$82.080.54%
  • AsterAster(ASTER)$0.630.18%
  • HTX DAOHTX DAO(HTX)$0.0000020.51%
  • Ripple USDRipple USD(RLUSD)$1.00-0.02%
  • MemeCoreMemeCore(M)$1.17-3.23%
  • usddUSDD(USDD)$1.000.00%
  • SkySky(SKY)$0.0631541.86%
  • aaveAave(AAVE)$94.795.67%
  • polkadotPolkadot(DOT)$0.853.02%
  • Falcon USDFalcon USD(USDF)$1.00-0.03%
  • mantleMantle(MNT)$0.4293250.85%
  • WorldcoinWorldcoin(WLD)$0.3761020.27%
  • MorphoMorpho(MORPHO)$2.042.73%
  • BFUSDBFUSD(BFUSD)$1.000.04%
  • internet-computerInternet Computer(ICP)$2.211.72%
  • PepePepe(PEPE)$0.0000030.02%
  • bitget-tokenBitget Token(BGB)$1.712.99%
  • ethereum-classicEthereum Classic(ETC)$7.000.66%
  • United StablesUnited Stables(U)$1.00-0.02%
  • Spiko EU T-Bills Money Market FundSpiko EU T-Bills Money Market Fund(EUTBL)$1.20-0.11%
  • Pi NetworkPi Network(PI)$0.092460-7.00%
  • USDGOUSDGO(USDGO)$1.000.00%
  • Blockchain CapitalBlockchain Capital(BCAP)$106.200.01%
  • quant-networkQuant(QNT)$64.851.01%
  • kucoin-sharesKuCoin(KCS)$6.70-0.19%
  • ​​Stable​​Stable(STABLE)$0.0368292.29%
  • Janus Henderson Anemoy Treasury FundJanus Henderson Anemoy Treasury Fund(JTRSY)$1.110.01%
  • POL (ex-MATIC)POL (ex-MATIC)(POL)$0.080331-0.07%
  • ADIADI(ADI)$6.760.86%
  • Spiko Amundi Overnight Swap Fund (EUR)Spiko Amundi Overnight Swap Fund (EUR)(EURSAFO)$1.15-0.12%
  • EthenaEthena(ENA)$0.0861653.83%
  • justJUST(JST)$0.100452-0.59%
  • AudieraAudiera(BEAT)$2.667.32%
  • Pump.funPump.fun(PUMP)$0.002027-2.09%
  • render-tokenRender(RENDER)$1.541.80%
  • kaspaKaspa(KAS)$0.0286531.08%
  • Invesco Short Duration US Government Securities FundInvesco Short Duration US Government Securities Fund(USTB)$11.150.03%
  • cosmosCosmos Hub(ATOM)$1.48-1.06%
  • nexoNEXO(NEXO)$0.76-1.49%
  • algorandAlgorand(ALGO)$0.0840551.09%
  • gatechain-tokenGate(GT)$6.750.36%
  • Janus Henderson Anemoy AAA CLO FundJanus Henderson Anemoy AAA CLO Fund(JAAA)$1.040.02%
  • JupiterJupiter(JUP)$0.1970640.52%
  • BeldexBeldex(BDX)$0.0829980.92%
  • GHOGHO(GHO)$1.000.03%
  • filecoinFilecoin(FIL)$0.775.43%
  • 币安人生 (BinanceLife)币安人生 (BinanceLife)(币安人生)$0.61-4.68%
  • Venice TokenVenice Token(VVV)$12.669.87%
  • LighterLighter(LIT)$2.398.45%
  • FlareFlare(FLR)$0.0068165.36%
  • arbitrumArbitrum(ARB)$0.088998-0.98%
  • xdce-crowd-saleXDC Network(XDC)$0.0292814.20%
  • YLDSYLDS(YLDS)$1.000.01%
  • Usual USDUsual USD(USD0)$1.000.03%
  • injective-protocolInjective(INJ)$5.30-1.36%
  • USXUSX(USX)$1.000.00%