Monad is a next-generation, high-performance Layer 1 blockchain that combines EVM compatibility, scalability, and decentralization through groundbreaking parallel and asynchronous execution mechanisms. This approach ensures that developers can deploy Ethereum-based applications seamlessly on Monad without needing any code modifications, while benefiting from enhanced transaction throughput and security. With 10,000 transactions per second (TPS), 400ms block times, and 800ms finality, Monad outperforms existing blockchain platforms, offering a viable solution to Ethereum’s scalability challenges. Launched in February 2025, Monad’s testnet has already processed over 2.44 billion transactions, showcasing its real-world capabilities. While the mainnet launch is expected in late 2025, Monad is already paving the way for the future of decentralized applications. The network introduces $MON, its native token, which has a total supply cap of 100 billion tokens, with further details about its tokenomics to be revealed. Monad's high throughput is achieved through its unique architecture, maintaining full EVM compatibility while addressing the performance bottlenecks that have plagued other blockchains like Solana and Ethereum. Built by Monad Labs, led by former Jump Trading professionals, Monad is spearheading innovation in the blockchain space. With plans to integrate stablecoin infrastructure through the acquisition of Portal Labs, Monad is set to enhance its payment capabilities ahead of the mainnet launch. For more details, visit the Monad official site - https://monmonad.com and explore how the monad wallet can help you interact with the blockchain.