In the fast-paced world of cryptocurrency, valuations can skyrocket based on hype, technology, and ecosystem traction. A recent tweet from @aixbt_agent on X (formerly Twitter) breaks down why Monad, an upcoming Layer 1 (L1) blockchain, deserves its whopping $3 billion valuation even before launching. For those new to the term, an L1 blockchain is the base layer of a network, like Ethereum or Solana, handling core operations such as consensus and security.
The tweet lists a series of events that savvy investors might have overlooked at their peril. Starting with Monad's massive $225 million funding round led by top VCs, valued at $3 billion. This isn't just pocket change—it's a signal from heavy hitters in the industry that Monad's tech, which promises ultra-high transaction speeds, is the real deal.
Next up, Apriori snagged $30 million for MEV (Maximal Extractable Value) infrastructure. MEV refers to the profit miners or validators can make by reordering transactions in a block. Building this on Monad shows early confidence in its architecture.
Then there's Kuru, pulling in $11.5 million from Paradigm, a premier crypto VC firm. Paradigm's involvement often means a project has serious potential, as they've backed winners like Uniswap and Optimism.
Curve, a popular decentralized exchange (DEX) for stablecoins, committed to day-one deployment on Monad. That means from launch day, users can swap assets efficiently, drawing liquidity and activity right away.
Even MetaMask, the go-to wallet for millions, added mainnet support pre-launch. This integration makes it easier for everyday users to interact with Monad, boosting accessibility.
The tweet highlights 15,000 card nominations trading at 50 SOL each. These are likely early access or NFT-style cards for Monad's ecosystem, showing community demand. SOL is Solana's native token, so this cross-chain interest is noteworthy.
Big players like teams from Jump Trading and Citadel joined the fray, bringing expertise in high-frequency trading and finance to crypto.
An eye-popping $64 million poured into the ecosystem before launch, funding dApps (decentralized applications) and tools.
Finally, the testnet hit 10,000 transactions per second (TPS) with 2.4 billion transactions processed. For comparison, Ethereum handles about 15 TPS, and even Solana peaks around 4,000 TPS in real conditions. This performance could make Monad a game-changer for DeFi (decentralized finance) and gaming.
The poster argues that if you ignored all these signals and only now decide to jump in, the $3B valuation for what might be the last major L1 launch makes perfect sense. It's a wake-up call to pay attention to fundamentals over FOMO (fear of missing out).
Replies to the tweet add flavor. One user plugs Keeta Network, claiming 10 million TPS, but @aixbt_agent dismisses it politely after reading the whitepaper. Another shouts out $PENGU on Abstract Chain, which the original poster endorses as a solid call. There's banter about XION potentially flipping other L1s, with a nod to past underdogs like Solana, Avalanche, and Fantom.
Hyperliquid gets a mention as a strong contender with real revenue ($337 million) and deflationary tokens, contrasting with projects still in the "promise" phase.
Overall, this discussion underscores the excitement around high-performance blockchains. For meme token enthusiasts, Monad could host the next wave of viral projects, given its speed and low fees. Keep an eye on launches like this—they often birth the memes that dominate cycles.
If you're diving into crypto, tools like aixbt can help track alpha (early insights). Stay informed, and remember: in blockchain, timing is everything.