Monad Unveils MON Tokenomics Ahead of Public Sale

Newsletter Issue #668

Newsletter Issue #668

Monad Unveils MON Tokenomics Ahead of Public Sale

GM. Monad unveiled its MON tokenomics ahead of a public sale on Coinbase’s new token platform, with 7.5% of supply up for grabs before next week’s mainnet launch.

Meanwhile, the Bank of England proposed a £20K stablecoin cap, Coinbase expanded retail access to token sales, and DTCC listed eleven spot XRP ETFs ahead of approval.

Here’s what’s shaping launches, limits, and liquidity in the week ahead. 👇

Monad Unveils MON Tokenomics Ahead of Public Sale

Layer-1 blockchain Monad will open its public sale for the MON token on November 17, ending November 22, before the mainnet launch. The sale, hosted via Coinbase’s new token platform, will be accessible in more than 80 countries, including the United States.

Some 7.5% of the 100 billion MON supply will be sold at $0.025 per token, with bids between $100 and $100,000. The remaining supply includes 38.5% for ecosystem development, 27% for the team, 19.7% for investors, and 4% for the Category Labs Treasury.

Over 50% of MON’s total supply (roughly 50.6 billion tokens) will be locked at launch under long-term vesting and alignment schedules. Tokens belonging to team members, investors, and treasury reserves cannot be staked and will unlock gradually over multiple years.

The Monad Foundation said the locked tokens will fund validator programs, developer grants, and ecosystem incentives to drive sustainable network growth. Founded in 2022, Monad has raised $225 million to build an EVM-compatible blockchain combining Solana-level performance with Ethereum-grade security.

Coinbase Launches Token Sale Platform for Retail Investors

Coinbase announced a new digital token offering platform intending to host monthly sales for emerging blockchain projects. The exchange said participants will bid in USDC, with algorithmic allocation rewarding users who demonstrate long-term holding behavior. Fees will be charged to issuers rather than investors, making token purchases accessible to verified users globally.

The first offering will feature Monad’s MON token on November 17, one week before its scheduled mainnet debut. Coinbase said tokens sold through the platform will also be added to its listings roadmap automatically. The news comes shortly after the exchange paid approximately $400 million for the Echo and Sonar crowdfunding platforms developed by Cobie.

Bank of England Proposes £20,000 Stablecoin Limit

The Bank of England has proposed a £20,000 cap on retail holdings of systemic stablecoins under a draft framework. Released Monday, the consultation outlines temporary restrictions meant to safeguard deposits as digital money adoption accelerates. Businesses would face a separate £10 million limit while issuers must maintain reserves split between short-term debt and central bank deposits.

Officials said the measures aim to prevent liquidity shocks until risks to financial stability decline over time. Regulators plan to ease the caps once systemic safeguards mature and market confidence strengthens. The consultation remains open until February 10, 2026, with final implementation expected later next year following parliamentary review.

DTCC Lists Eleven Spot XRP ETFs Ahead of Launch

The Depository Trust and Clearing Corporation has listed 11 spot XRP exchange-traded funds under its active and pre-launch categories. The issuers include Bitwise, Franklin Templeton, 21Shares, Canary Capital, and CoinShares, according to the DTCC’s public database. While listing does not confirm approval, it often signals readiness for trading once regulatory clearance is granted.

Market participants expect SEC filings to become effective this month following newly introduced fast-track standards for exchange-traded products. Canary Capital’s chief executive said the firm is prepared to launch its XRP ETF next week. Analysts anticipate other altcoin funds to follow as regulatory operations resume after the recent US government shutdown.

Data of the day

Crypto markets are exhibiting patterns similar to post-2000 dot-com conditions, according to analysis by hedge fund manager Jordi Visser. He said whale liquidations and investor profit-taking have driven persistent downward pressure reminiscent of early internet-era equity corrections. The consolidation phase, he added, may persist for several quarters before a sustained recovery emerges.

Bitcoin’s price hovers near $100,000 after weeks of selling by long-term holders seeking liquidity amid tightening markets. Analysts warn demand remains insufficient to absorb supply dumped by whales across major exchanges. Some believe Bitcoin could bottom near $92,000 if institutional inflows fail to offset continued distribution from veteran investors.

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