đš Monad is about to go private â and MON is already moving.
Monad teased "Privacy is coming" ahead of its first Open summit in Singapore on Oct 6, during TOKEN2049 week. Category Labs is set to unveil privacy tech that keeps financial transactions confidential while staying on a public chain â private finance without splitting liquidity across closed systems.
MON reacted fast: up about 21% in 24 hours to around $0.035 when the teaser dropped, flipping the $0.027 level from resistance into support. It now trades near $0.032, close to the local high at $0.0328, with RSI at 69 â near the overbought zone.
At the same time, StraitsX plans to issue its Singapore-dollar stablecoin XSGD and US-dollar stablecoin XUSD natively on Monad in early 2027. XSGD would be the network's first native SGD stablecoin â and Monad already holds around $692M in stablecoins.
Privacy plus payments: Monad is building two utility legs at once. Is privacy the next big Layer-1 race? đ
$MON
#Monad #Privacy #CryptoNews
Monad teased "Privacy is coming" ahead of its first Open summit in Singapore on Oct 6, during TOKEN2049 week. Category Labs is set to unveil privacy tech that keeps financial transactions confidential while staying on a public chain â private finance without splitting liquidity across closed systems.
MON reacted fast: up about 21% in 24 hours to around $0.035 when the teaser dropped, flipping the $0.027 level from resistance into support. It now trades near $0.032, close to the local high at $0.0328, with RSI at 69 â near the overbought zone.
At the same time, StraitsX plans to issue its Singapore-dollar stablecoin XSGD and US-dollar stablecoin XUSD natively on Monad in early 2027. XSGD would be the network's first native SGD stablecoin â and Monad already holds around $692M in stablecoins.
Privacy plus payments: Monad is building two utility legs at once. Is privacy the next big Layer-1 race? đ
$MON
#Monad #Privacy #CryptoNews
