- Monad (MON) surges 25% to $0.0333, then cools to $0.0306 while still up over 15%.
- Trading volume hits $174M as strong liquidity drives one of the most active sessions.
- Neverland TVL climbs to $40.79M, showing rising DeFi activity on the Monad network.
On April 8, 2026, MONAD led a price surge of over 25% in 24 hours. The action came after active trading and increased liquidity. The token briefly tested a key level before coming off, but market interest stayed high through sessions.
The token climbed from a 24-hour low of $0.02587 to as high as around $0.03336. This range represented strong session-upward momentum. The action was also one of the most active trading days in weeks.
Monad Volume Jumps as Market Cap and TVL Rise
According to CoinMarketCap data, trading volume climbed to $174,634,139 during the same period. The increase signaled strong participation from market participants. Liquidity conditions improved as more capital entered the market.
Market capitalization rose to $332.35 million following the price jump. This placed Monad at rank 97 among all cryptocurrencies. The ranking shift reflected the impact of the recent surge.
After reaching the $0.0333 level, the price corrected slightly. The token was later trading around $0.03157. Despite a decline in value, it is still up over 16.50% over the past 24 hours.
TradingView
However, based on historical data, Monad made an ATH of $0.04876 on November 26, 2025. Its lowest price ever is $0.01616, set on Feb 6th, 2026. The latest rally brought the token within striking distance of a 13-week high of $0.03336.
Monad TVL Rises as Neverland Activity Grows
On-chain data showed growth in network activity. Monad’s total value locked reached $388.91 million. The increase followed partnerships with the New York Stock Exchange and Securitize to develop a 24/7 platform for tokenized securities.
Within the ecosystem, Neverland remained the main revenue contributor. The platform reported a TVL of about $40.79 million. Total borrowed funds stood at $103.82 million.
Source: DefiLlama
Annualized fees on Neverland reached $7.88 million. Annualized revenue was reported at $3.14 million. These figures reflected steady protocol usage.
In the last 24 hours, Neverland generated $26,190 in fees. Revenue during the same period reached $9,953. The activity showed consistent demand within the platform.
Data from the derivatives market also indicated growing interest. CoinGlass data highlighted a 271.20% increase in trading volume up to $332.35 million. Open interest rose 26.98% to $127.54 million.
However, the OI-weighted funding rate stood at 0.0068%. This level indicated a slight positive bias in the market. The data showed that traders continued to add positions during the rally.
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