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Reading: Monad (MON) price slips after profit-taking as traders eye $0.030 resistance
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Viral Trending content > Blog > Crypto > Monad (MON) price slips after profit-taking as traders eye $0.030 resistance
Crypto

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

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Monad’s growth amid Valos $100 million private credit launchMonad price forecast
  • 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.

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TAGGED: Crypto, Crypto News, Markets, Monad, News
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