The Monad token has continued its upward move thanks to renewed positive sentiment and ecosystem developments. As such, experts have begun to make bullish calls for its price movement.
Monad Token Rises 13% on Ecosystem Developments
According to TradingView data, the token has rallied by over 13% in the past 24 hours. The coin outperformed the overall crypto market by nearly 1% as demand continues to grow for the coin.
The renewed price pump has mostly been attributed to new upgrades in its ecosystem. For instance, last week the protocol released a network upgrade proposal to improve its platform. The project is expected to be activated on the testnet and mainnet in the first half of February 2026.
Since the launch of the Monad token’s mainnet in late November, the team has been rolling out key updates on the platform. The network was designed release apps to developers and allow users to interact with decentralized applications. It has seen huge adoption among users as momentum for the EVM blockchain grows.
Another factor contributing to this rally is strong DeFi product inflows. A liquid staking protocol, Kintsu, recently launched SuperMON vaults on the Monad network. The product offered 14.51% APY through automated strategies. Since its launch, its total value locked (TVL) has recorded over $100 million in inflow. This also supports the notion of its growing adoption.
Basically, products with high yields would increase the demand for the Monad token due to the fact that they are required to buy and deposit the coin to participate in the offering.
Criticism for the Protocol Remains
In an X post, a crypto expert, Manya, attacked the team for its slow growth. They cited that the project has been building for over four years and got substantial funding, yet it’s still trading 90% lower than its ATH. He tagged the coin “worst crypto project of all time.”
While some experts think the project is slow-growing, some institutions are providing earning opportunities for the token. Just last month, Bitget launched an airdrop and 20% APR for users who interact with the coin on its exchange.
In other developments, many experts have come out to defend the Monad token amid the renewed criticism
“Calling it the worst crypto project of all time because of price action is an understandable emotional reaction, but it’s not a technical one,” another expert said, citing various factors that state otherwise.
