This Next-Gen Layer-1 Goes Live in September—What You Should Know
Monad, a new high-speed Layer-1 blockchain designed to mirror Ethereum’s ecosystem while vastly outperforming it, is set to debut its mainnet on September 30.
Due to time zone differences, some promotional materials list September 29.
The platform aims to redefine scalability by supporting 10,000 transactions per second, with half-second block times and near-instant finality—all while maintaining negligible fees. Built from scratch in C++ and Rust, Monad positions itself as a high-performance alternative to Ethereum’s base layer.
At launch, Monad will support top dApps including Uniswap, Magic Eden, and OpenSea, and integrate with widely used wallets like MetaMask, Rabby, OKX, and Backpack. Its total token supply is capped at 100 billion.
Backed by $225 million in funding led by Paradigm, Monad Labs is the brainchild of former Jump Trading developers. The project promises full compatibility with Ethereum-based tools and smart contracts, requiring no changes to existing codebases.
By offering native Ethereum support at significantly greater speed and efficiency, Monad aims to deliver a breakthrough in blockchain infrastructure for both developers and users.
Alex is Editor-in-Chief of Coindoo and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.
