Bitget App
Trade smarter
Buy cryptoMarketsTradeFuturesBotsEarnCopy
Monad Testnet is Now Live: Significant Milestone in the Early Stage

Monad Testnet is Now Live: Significant Milestone in the Early Stage

BeInCryptoBeInCrypto2025/02/27 00:53
By:Advertorial

Monad has reached a significant milestone with the official launch of its testnet on February 19, 2025. Monad is a fully EVM-compatible and highly scalable Layer 1 blockchain, capable of processing up to 10,000 transactions per second (TPS). With the launch of the testnet phase, Monad provides a secure, risk-free environment for developers to build, &hellip; <a href="https://beincrypto.com/monad-testnet-now-live/">Continued</a>

Monad has reached a significant milestone with the official launch of its testnet on February 19, 2025. Monad is a fully EVM-compatible and highly scalable Layer 1 blockchain, capable of processing up to 10,000 transactions per second (TPS). With the launch of the testnet phase, Monad provides a secure, risk-free environment for developers to build, test, and refine their applications before deploying them on the Monad Mainnet. It also allows communities to interact with early-stage apps and provide valuable user feedback.

About the Monad Public Testnet

Monad Testnet allows developers to create dApps in a risk-free environment, while users can add the network to their wallets and interact with the Monad ecosystem using test tokens ($MON), which can be obtained for free from the official faucet (test tokens have no real value). Since its recent launch, Monad Testnet already has 57 validators securing the network and boasts the following key metrics:

  • 1.5M+ unique addresses
  • 32.4M+ transactions
  • 20% of addresses have made > 10 txns
  • Avg STPS: 68 (Max: 3.8K)
  • 564K contracts deployed
  • 98.3% success rate
  • 0.5s block time
  • Avg fee: 0.01 MON

Statement from Keone Hon, Monad Co-Founder and GM at the Monad Foundation: We’re thrilled that developers and early users now have access to an extremely performant, decentralized EVM environment, enabling them to build for the EVM without many traditional assumptions about cost and speed. This is a big moment, but it’s only the starting line for Monad. I’m especially grateful for the efforts and support from thousands of community and ecosystem contributors across the globe. I’m also inspired to see that number continuing to grow, as more join the mission to accelerate EVM performance and bring the next-gen of applications on chain.

0

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.
APR up to 10%. Always on, always get airdrop.
Lock now!

You may also like

XRP Recovers, Cardano Faces Resistance, and BlockDAG’s X1 Miner App Hits 1.5M Users As Early Adoption Skyrockets

XRP sees steady recovery and Cardano stays under pressure, but BlockDAG’s 1.5M active miners may signal a high-growth crypto in the making. Discover why BDAG could become a top 10 crypto by 2025.BlockDAG’s X1 Miner Surpasses 1.5 Million Users as Adoption Surges Pre-LaunchCardano (ADA) Bearish Pattern May Mask Underlying Setup for RecoveryFinal Analysis

Coinomedia2025/06/09 07:08
XRP Recovers, Cardano Faces Resistance, and BlockDAG’s X1 Miner App Hits 1.5M Users As Early Adoption Skyrockets

BlockDAG’s $0.0018 Price Shakeup: Is This the Best Crypto to Buy in 2025 Before Time Runs Out?

BlockDAG slashes presale price to $0.0018, its lowest since Batch 1. With $290M already raised and a $0.05 launch target, the top crypto to buy in 2025 might just be this one. Offer ends June 13.Back to the Start: Lowest Pricing Since Batch 1 and Possibly the Final TimeWhy $0.05 Is Just the Start: The ROI Case That’s Capturing AttentionScarcity Heats Up as June 13 Deadline NearsFinal Thoughts: A Second Chance That Rarely Comes in Crypto

Coinomedia2025/06/09 07:08
BlockDAG’s $0.0018 Price Shakeup: Is This the Best Crypto to Buy in 2025 Before Time Runs Out?