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A super high-performance EVM-compatible public chain is quietly completing a key leap from technological narrative to ecosystem support.
In the recent blockchain infrastructure track, Monad has become an indispensable project.
According to official block explorer data, the active data on the Monad testnet has reached a historical level:
Total accounts have surpassed 1.4 billion
Cumulative transactions have exceeded 800 million
Average block time is only 0.5 seconds
Nearly 6 million new accounts are added daily
More than 1.14 million smart contracts have been deployed
Among the emerging L1 competitors, Monad's data dimensions and the speed of ecosystem expansion have undoubtedly taken the industry lead.
Core of Monad's Technological Innovation
April 10th
Monad's biggest technological highlight lies in completely breaking the performance bottleneck of serial execution in the traditional EVM architecture.
Its core mechanisms include:
Technical Module | Function |
|---|---|
MonadBFT Consensus Mechanism | Decouples transaction execution from consensus, supporting block confirmation within 1 second |
Parallel Execution Engine | Supports batch concurrent processing of transactions, significantly increasing TPS |
MonadDB | Optimizes the Merkle Patricia Tree, reducing storage and access overhead |
Over-subscription Pipeline Architecture | Draws on the multi-stage concurrency logic of CPUs, further compressing latency |
Currently, the average TPS on the testnet is about 279, with the peak TPS exceeding 3,000+, but after the mainnet officially releases resources and traffic, the theoretical TPS limit can reach over 10,000.
Monad Ecosystem
April 10th
Strategic layout of development ecosystem and cross-chain interconnectivity Beyond technical performance, Monad places great emphasis on ecosystem support and developer-friendliness:
Fully compatible with EVM, Solidity code can be migrated without any changes.
Built-in support for Ethereum RPC standards, reducing the learning and migration costs for developers.
Native integration of cross-chain protocols such as LayerZero, Wormhole, etc., achieving asset interoperability with over 50+ chains.
More than 35,000 new smart contracts are added daily, indicating high developer activity.
This means that Monad is expected to quickly take over the existing developers and DApps in the Ethereum ecosystem, providing real and continuous usage scenarios for the early stages of the mainnet.
Team and Capital Background
April 10th
The reason why Monad can quickly become a market focus, in addition to the advantages of technical architecture and ecosystem expansion, is the strong team and capital forces behind it, which lay a solid foundation for the project's long-term development.
Core Team
CEO Keone Hon — Former core member of Jump Trading, with rich experience in developing high-frequency quantitative trading systems, once led the underlying systems with daily trading volumes of tens of billions of dollars.
CTO James Hunsaker — Focused on low-latency architecture and high-performance system optimization, with profound accumulation in the design of ultra-high-performance infrastructure.
This background implies that Monad's technical route and architectural optimization are not just for "theoretical performance," but are deeply aligned with the needs of real trading scenarios, especially suitable for applications that are extremely sensitive to performance and cost, such as DeFi, high-frequency trading, and payments.
Capital Strength In terms of financing, Monad's performance is also top-notch:
| Total Financing | $244 million | | Investment Institutions | Paradigm, Jump Trading and other top global institutions | | Latest Valuation | $3 billion |
Strong capital support is not only a recognition of the project's underlying technology and development path but also provides sufficient financial protection for ecosystem incentives, technology research and development, and market expansion.
Monad Summary
April 10th
Monad is not just a high TPS public chain, but a comprehensive project with long-term ecosystem support, cross-chain liquidity support, developer-friendliness, and capital endorsement.
In the logic of looking for the next potential hundredfold public chain in the primary market, Monad's technical strength, ecosystem activity, and team background have already met the necessary conditions to enter the core focus.
Of course, the token model after the mainnet, actual traffic performance, and the ability to continuously expand the ecosystem will become the key to verifying its long-term value.
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