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Monad price jumps 12% as DEX volume and network activity surge, signaling bullish momentum.

Protocol Fundamentals
22 Aug 2026
AMBCrypto
View Source
Bullish
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Monad (MON) price surged over 12% after breaking out of a two-month sideways range, driven by a sharp increase in daily DEX volume and network activity. The chain's Total Value Locked (TVL) more than doubled to $2.677 billion, while stablecoin market cap and active addresses also rose significantly. Despite strong momentum, MON faces resistance near $0.03, which could limit further gains unless surpassed. The overall market structure remains bullish, with reduced selling pressure indicating potential for continued upward movement if key support holds.

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