Monad token rises 18% as project teases privacy technology for Oct. 6, 2026 summit

  • Monad teased privacy technology ahead of its Open summit in Singapore on October 6, 2026.
  • MON rose 18.7% to about $0.0322, with weekly gains exceeding 30%.
  • Market capitalization increased from $317.5 million to $375.6 million between September 30 and October 1.

Monad, a Layer-1 blockchain project, teased privacy technology in a video posted on its official X account, saying "Privacy is coming" and pointing to October 6, 2026. Category Labs, the developer of Monad’s blockchain infrastructure, is expected to present the technology at the Monad Foundation’s first Open summit in Singapore. The system is intended to let organizations keep sensitive financial activity private while using public blockchains’ liquidity and interoperability, although technical details, supported transaction types and availability remain undisclosed. MON rose about 18% in 24 hours to the $0.032 region; MetaMask data cited a price of about $0.0322 and an 18.7% daily gain as of October 1, while weekly gains exceeded 30%. CoinGecko data showed market capitalization rising from about $317.5 million to $375.6 million between September 30 and October 1, alongside higher trading volume.

The information on this website is generated using AI and we cannot guarantee its accuracy. Please use it as reference information only.