What is it?
Monad is a high-performance Layer-1 blockchain, fully EVM-compatible, designed for scalability and ultra-fast finality (just 1 second). It uses parallel execution of smart contracts to increase throughput.
Why is it trending?
β
Up to 10,000 TPS without compromising security
β
EVM-compatible β easy migration for existing Ethereum dApps
β
Raised $225M from Paradigm, Dragonfly, and other top VCs
What makes it stand out?
β’ New execution engine for parallel processing
β’ Architecture focused on speed and scalability
β’ Potential to rival Solana and Sui
Risks:
β Still in testnet phase
β Fierce competition among L1s (e.g., Aptos, Sui, Sei)
β Success depends on adoption and developer traction
Conclusion:
If Monad delivers on its promises, it could redefine Layer-1 performance. For now, itβs a promising newcomer with serious backing.