- On Wednesday, Monad’s price soared by over 21% on a daily chart in the last 24 hours, with a market capitalization of $342 million, helping its price rise above $0.0316.
- This upward momentum in the cryptocurrency followed a rally in Bitcoin (BTC), soaring its value above $71,000 in just a few hours after Trump’s ceasefire announcement.
- Major developments have boosted investors’ confidence, such as a bridge that connects Coinbase wrapped Bitcoin from the Base network directly to Monad and other major partnerships
On April 8, Monad, the cryptocurrency linked to Layer 1 (L1) blockchain designed to improve Ethereum scalability, experienced a major rally on a daily chart following a bullish momentum in the overall crypto market, significantly soaring its value.
At the time of writing, Monad is currently trading at around $0.03165 with a spike of 21% in the last 24 hours. It currently holds a market capitalization of around $341 million, according to CoinMarketCap. The daily trading volume shot u...
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