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.

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.

The post Monad (MON) price slips after profit-taking as traders eye $0.030 resistance appeared first on CoinJournal.

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

Source: https://coinjournal.net/news/monad-mon-price-slips-after-profit-taking-as-traders-eye-0-030-resistance/

Chorus One has partnered with cryptocurrency exchange Bitget to expand access to Monad staking at a global scale.

The collaboration focuses on simplifying how users interact with the Monad network, which launched its mainnet in November 2025.

The move places emphasis on infrastructure growth, user access, and the broader shift toward staking services.

Both companies confirmed that Bitget’s more than 120 million users will be able to access staking tools through Chorus One’s platform, creating new pathways for participation in the growing staking economy.

Validator expansion

The Monad network is a layer one blockchain that emphasises high throughput.

It supports Ethereum contracts without requiring any code changes, according to its technical documentation.

The focus of the integration between Bitget and Chorus One is to support a validator environment that can grow with decentralisation, geographic diversity, and long-term stability.

Chorus One already secures assets across more than 30 blockchains and reports securing over $3.5 billion in staked assets.

The platform also holds ISO 27001 certification, which is a standard used to assess security practices.

This places the partnership inside a broader trend where staking providers with stronger compliance frameworks are becoming central to blockchain infrastructure.

User access

Monad allows users to unstake assets in around 5.5 hours. Chorus One’s staking model supports flexible terms, which means both institutional and retail users on Bitget can stake or restake Monad tokens based on their preferences.

The partnership creates a direct path for Bitget users to enter the Monad ecosystem.

Within the first week of the staking programme launch, Chorus One released figures showing that more than $6 million worth of assets had been staked on the network.

The rapid participation signals interest in Monad’s performance-focused design and the integration with a major exchange ecosystem, reflecting a wider demand for accessible staking opportunities worldwide.

Market expansion

Bitget operates in several regions, including the Asia Pacific and African markets.

The platform’s presence in these regions gives the new staking programme a wider reach, especially in places where digital asset demand is growing.

Chorus One has already worked with the Avalanche Foundation to expand validator infrastructure across Africa, which positions the company to contribute to similar regional development for the Monad network.

The companies stated that the partnership aims to support cryptocurrency adoption in emerging markets by providing tools that reduce entry barriers and increase access to blockchain-based services.

With the expansion of new networks such as Monad, staking options are becoming a way for users in developing regions to take part in blockchain activity without needing a complex technical setup or advanced hardware.

The post Bitget and Chorus One expand Monad staking access in emerging markets appeared first on CoinJournal.

Bitget and Chorus One expand Monad staking access in emerging markets

Source: https://coinjournal.net/news/bitget-and-chorus-one-expand-monad-staking-access-in-emerging-markets/