Monad Price Jumps 35.51% on Protocol Upgrades and Ecosystem Growth

Monad (MON) has seen significant price growth over the last month, driven by protocol upgrades and ecosystem developments. In the past 30 days, MON's price increased by approximately 35.51%, with a notable uptrend in the past week.

The main catalyst for this increase is the MonadTen / MIP-8 mainnet upgrade activated on September 2, 2026. This upgrade cut storage gas for clustered reads by up to 98%, improving the chain's technical value proposition and likely boosting token sentiment.

Additionally, several ecosystem commitments have enhanced MON's liquidity and payments infrastructure. On September 9, 1inch deployed its full product stack on Monad, including intent-based swaps and native USDC via CCTP. StraitsX also announced plans for native XSGD and XUSD on Monad on October 1, further solidifying the chain's DeFi and payments infrastructure.