New Layer 1 Blockchain 'Monad' Set to Launch Mainnet on November 24

2025/11/06 14:37 (Updated 2025/11/07 06:01)
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Written by Enzo
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New Layer 1 Blockchain 'Monad' Set to Launch Mainnet on November 24

A New High-Speed, Low-Cost L1 Chain

The Monad Foundation officially announced on the 6th that it will launch the mainnet of the Layer 1 blockchain project 'Monad' at 11 PM JST on November 24. Founded in 2022, Monad is a new Layer 1 blockchain project that has raised over $240 million, led by the cryptocurrency venture fund Paradigm. The project features compatibility with the Ethereum (ETH) Virtual Machine (EVM), a mechanism that executes Ethereum's smart contracts, enabling seamless integration and functionality with Ethereum's established ecosystem.

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Iolite Vol.16

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MAGAZINE

Iolite Vol.16

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Interview with Iolite FACE vol.16, concon Inc. CEO Fumiyoshi Takahashi PHOTO & INTERVIEW: Takanori Kataishi Feature: "2026: Abnormal Adoption Frontlines!!" "Prepare for Bitcoin's Golden Month" "Three US Bills: Promoting Innovation or Preventing Surveillance? A Major Restructuring of US Crypto Policy: What Does the Three Major Bills Paint for the Future?" Crypto Journey: "The Crypto Industry's 'Shadow Guardian' Sees Global Security Transformation" Interview with Hacken CEO Dima Budrin Series: "An Expert's Perspective on the Fluctuating Cryptocurrency Market" Virtual Nishi Series: Tech and Future: Toshinao Sasaki, etc.