The mainnet of Monad, the next-generation Ethereum-compatible Layer-1 blockchain, will be launched on September 30. While the launch date appears as September 30 in CoinMarketCap data, the images shared by Monad included September 29 due to the time difference. Monad, which will launch with a total supply of 100 billion, will integrate with decentralized applications (dApps) such as Uniswap, Magic Eden, and OpenSea at launch. In terms of wallet support, it will be compatible with OKX, Backpack, MetaMask, Rabby, and other popular wallets. Monad Labs was founded by developers who left Jump Trading and has raised $225 million in funding to date, led by Paradigm. Related News: Bitcoin Whale from the Satoshi Era Moves Its BTC - Purchased at an Unbelievable Price Monad is described as a high-performance “state replication machine” fully compatible with Ethereum. Developed from the ground up in C++ and Rust, this chain can deliver 10,000 transactions per second (TPS), a block time of 0.5 seconds, and single-slot finality of approximately 1 second. All this with near-zero gas fees. Monad supports existing applications and tools running on Ethereum (Solidity, Remix, Foundry, MetaMask, Ledger, etc.) without any modifications. This architecture goes far beyond Ethereum's current Layer 1 capabilities and offers a new framework for increased performance. *This is not investment advice. Continue Reading: The Long-Awaited Altcoin’s Release Date Has Finally Been Announced: Airdrop Hunters Were Also Following Closely
