#数字货币市场洞察 $BTC $ETH $BNB

Monad’s performance in this recent public sale on a certain compliant platform really speaks for itself—$188 million received, with a unit price of 0.025 USDC for 7.5% of the total token supply. Based on that math, the fully diluted valuation is shooting straight for $2.5 billion.

Why are investors willing to pay up? Ultimately, it’s because of their “Ethereum compatibility + performance upgrade” combo. After all, who doesn’t want faster transaction speeds and lower gas costs? These days, the competition in the Layer-1 space is so intense—you only need to look at the fundraising pace of various public chains to see it.

That said, we’ve heard plenty of high-performance chain pitches over the past couple of years, but in the end, it all comes down to whether the ecosystem can truly take off. Monad getting the funds is just the first step. Whether developers and users will actually migrate over is the real test of whether that $2.5 billion valuation holds water. The market has high expectations—now it’s up to the tech to deliver.