{"id":6736,"date":"2026-02-17T19:10:47","date_gmt":"2026-02-17T19:10:47","guid":{"rendered":"https:\/\/cryptonews.uk.com\/?p=6736"},"modified":"2026-02-17T19:10:47","modified_gmt":"2026-02-17T19:10:47","slug":"monad-mon-price-slips-after-profit-taking-as-traders-eye-0-030-resistance","status":"publish","type":"post","link":"https:\/\/cryptonews.uk.com\/?p=6736","title":{"rendered":"Monad (MON) price slips after profit-taking as traders eye $0.030 resistance"},"content":{"rendered":"<p><\/p>\n<div data-site=\"CoinJournal\">\n<div class=\"-mt-16  mb-8  lg:-mt-20  rounded-md  shadow-md\">\n<div class=\"relative  z-10  post-article-image  rounded  overflow-hidden\" data-site=\"CoinJournal\">\n<picture><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/02\/trading-1-smartcrop-750x375.webp\" type=\"image\/webp\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/02\/trading-1-smartcrop-363x181.webp\" type=\"image\/webp\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/02\/trading-1-smartcrop-750x375.png\" type=\"image\/jpeg\" media=\"(min-width: 750px)\"\/><source srcset=\"https:\/\/coinjournal.net\/wp-content\/uploads\/imagecache\/2026\/02\/trading-1-smartcrop-363x181.png\" type=\"image\/jpeg\"\/><img decoding=\"async\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/02\/trading-1.png\" alt=\"\" width=\"100%\" height=\"100%\"\/>\n<\/picture>                            <\/div>\n<\/p><\/div>\n<ul>\n<li>Monad price moved within the $0.020 and $0.23 range on Tuesday.<\/li>\n<li>The layer 1 project eyes traction as $100 million in private credit becomes verifiable on-chain.<\/li>\n<li>MON price could retest resistance at $0.030.<\/li>\n<\/ul>\n<p>Monad\u2019s native token, MON, was trading near $0.021 after falling about 7% over the past 24 hours.<\/p>\n<p>Data from CoinMarketCap showed the decline followed renewed profit-taking after prices revisited the $0.025 level.<\/p>\n<p>Continued weakness in Bitcoin and other major altcoins could add further pressure on MON in the near term.<\/p>\n<p>However, some analysts see potential for a rebound as Monad positions itself as a platform for institutional-grade decentralised finance.<\/p>\n<p>Recent developments include a network milestone that enables $100 million in private credit to be fully verifiable on-chain, as well as leadership changes at the Monad Foundation, which have renewed interest in the project\u2019s longer-term prospects.<\/p>\n<h2>Monad\u2019s growth amid Valos $100 million private credit launch<\/h2>\n<p>Monad\u2019s public mainnet went live in November 2025, with the team unveiling a token sale on Coinbase.<\/p>\n<p>In the few months since, the L1 project has seen nearly $480 million in stablecoin market cap, and DeFiLlama shows total value locked (TVL) currently sits at over $250 million.<\/p>\n<p>Growth along these metrics suggests the native MON token could benefit as adoption ramps up.<\/p>\n<p>On Tuesday, Valos announced the launch of a $100 million private\u2011credit vault on Accountable\u2019s Yield App.<\/p>\n<p>Notably, the private credit is now fully verifiable on\u2011chain via Monad. On-chain private credit effectively bridges traditional finance and DeFi, adding to adoption potential.<\/p>\n<p>In parallel, the Monad Foundation has strengthened its institutional\u2011facing leadership by appointing three senior executives.<\/p>\n<p>Urvit Goel joins from the Optimism Foundation as VP of go-to market, Joanita Titan assumes the role of head of institutional growth from FalconX, and Sagar Sarbhai, formerly of BVNK, is the new head of institutions for Asia\u2011Pacific.<\/p>\n<p>The hires target institutional investors of the L1, which in turn could support higher demand for MON within an expanding ecosystem.<\/p>\n<h2>Monad price forecast<\/h2>\n<p>At the time of writing, MON trades in the $0.020-$0.023 range, with daily trading volume down 30% to suggest seller dominance is waning.<\/p>\n<figure id=\"attachment_361608\" aria-describedby=\"caption-attachment-361608\" class=\"wp-caption alignnone\"><img fetchpriority=\"high\" fetchpriority=\"high\" decoding=\"async\" data-source=\"CoinJournal\" class=\"size-full wp-image-361608\" src=\"https:\/\/coinjournal.net\/wp-content\/uploads\/2026\/02\/MON_7D_graph_coinmarketcap.png\" alt=\"Monad Price Chart\" width=\"1200\" height=\"800\"\/><figcaption id=\"caption-attachment-361608\" class=\"wp-caption-text\">Monad price chart by CoinMarketCap<\/figcaption><\/figure>\n<p>From a short\u2011term perspective, protocol adoption and shifts in macro conditions could help bulls hold $0.020 as they target a breakout to $0.030.<\/p>\n<p>This outlook has been helped by the bounce from all-time lows of $0.016 in early February.<\/p>\n<p>If momentum flips bullish, the all-time high near $0.05 will be a fresh short-term target.<\/p>\n<p>On the downside, negative sentiment around new layer 1 tokens could scuttle bulls\u2019 ambitions.<\/p>\n<p>That outlook has hindered ZetaChain, Berachain, and Aster in recent weeks. Monad\u2019s token could thus revisit lows of $0.016-$0.010 as support levels.<\/p>\n<div class=\"post-meta\">\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Share this article<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Categories<\/h6>\n<hr class=\"mb-6\"\/>\n<h6 class=\"text-3xl  mb-4  text-green-300\">Tags<\/h6>\n<\/p><\/div>\n<\/p><\/div>\n<p>Markets,Monad#Monad #MON #price #slips #profittaking #traders #eye #resistance1771355447<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Monad price moved within the $0.020 and $0.23 range on Tuesday. The layer 1 project eyes traction as $100 million in private credit becomes verifiable on-chain. MON price could retest resistance at $0.030. Monad\u2019s native token, MON, was trading near $0.021 after falling about 7% over the past 24 hours. Data from CoinMarketCap showed the<\/p>\n","protected":false},"author":1,"featured_media":6681,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[9],"tags":[],"class_list":{"0":"post-6736","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-eurozone"},"yoast_head":"<!-- This site is optimized with the Yoast SEO Premium plugin v26.6 (Yoast SEO v26.6) - https:\/\/yoast.com\/wordpress\/plugins\/seo\/ -->\n<title>Monad (MON) price slips after profit-taking as traders eye $0.030 resistance - Crypto News: Latest Cryptocurrency News and Analysis<\/title>\n<meta name=\"description\" content=\"Monad price looks poised for a breakout as $100 million in private credit becomes verifiable on-chain and team hires new execs\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/cryptonews.uk.com\/?p=6736\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Monad (MON) price slips after profit-taking as traders eye $0.030 resistance\" \/>\n<meta property=\"og:description\" content=\"Monad price looks poised for a breakout as $100 million in private credit becomes verifiable on-chain and team hires new execs\" \/>\n<meta property=\"og:url\" content=\"https:\/\/cryptonews.uk.com\/?p=6736\" \/>\n<meta property=\"og:site_name\" content=\"Crypto News: Latest Cryptocurrency News and Analysis\" \/>\n<meta property=\"article:published_time\" content=\"2026-02-17T19:10:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/02\/trading-1-1024x683.png\" \/>\n\t<meta property=\"og:image:width\" content=\"1024\" \/>\n\t<meta property=\"og:image:height\" content=\"683\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/png\" \/>\n<meta name=\"author\" content=\"\u884c\u653f\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"\u884c\u653f\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"WebPage\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=6736\",\"url\":\"https:\/\/cryptonews.uk.com\/?p=6736\",\"name\":\"Monad (MON) price slips after profit-taking as traders eye $0.030 resistance - Crypto News: Latest Cryptocurrency News and Analysis\",\"isPartOf\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#website\"},\"primaryImageOfPage\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=6736#primaryimage\"},\"image\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=6736#primaryimage\"},\"thumbnailUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/02\/trading-1.png\",\"datePublished\":\"2026-02-17T19:10:47+00:00\",\"author\":{\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf\"},\"description\":\"Monad price looks poised for a breakout as $100 million in private credit becomes verifiable on-chain and team hires new execs\",\"breadcrumb\":{\"@id\":\"https:\/\/cryptonews.uk.com\/?p=6736#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/cryptonews.uk.com\/?p=6736\"]}]},{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=6736#primaryimage\",\"url\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/02\/trading-1.png\",\"contentUrl\":\"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/02\/trading-1.png\",\"width\":1536,\"height\":1024},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/cryptonews.uk.com\/?p=6736#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/cryptonews.uk.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Monad (MON) price slips after profit-taking as traders eye $0.030 resistance\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/cryptonews.uk.com\/#website\",\"url\":\"https:\/\/cryptonews.uk.com\/\",\"name\":\"Crypto News: Latest Cryptocurrency News and Analysis\",\"description\":\"Latest Crypto &amp; Bitcoin News\",\"potentialAction\":[{\"@type\":\"SearchAction\",\"target\":{\"@type\":\"EntryPoint\",\"urlTemplate\":\"https:\/\/cryptonews.uk.com\/?s={search_term_string}\"},\"query-input\":{\"@type\":\"PropertyValueSpecification\",\"valueRequired\":true,\"valueName\":\"search_term_string\"}}],\"inLanguage\":\"en-US\"},{\"@type\":\"Person\",\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf\",\"name\":\"\u884c\u653f\",\"image\":{\"@type\":\"ImageObject\",\"inLanguage\":\"en-US\",\"@id\":\"https:\/\/cryptonews.uk.com\/#\/schema\/person\/image\/\",\"url\":\"https:\/\/secure.gravatar.com\/avatar\/e4c2d23409b09e004cef3facbe677e95c5401f9e29680f3a311e0130c5748089?s=96&d=mm&r=g\",\"contentUrl\":\"https:\/\/secure.gravatar.com\/avatar\/e4c2d23409b09e004cef3facbe677e95c5401f9e29680f3a311e0130c5748089?s=96&d=mm&r=g\",\"caption\":\"\u884c\u653f\"},\"sameAs\":[\"http:\/\/demo3.aiwalls.com\/coinbase\"],\"url\":\"https:\/\/cryptonews.uk.com\/?author=1\"}]}<\/script>\n<!-- \/ Yoast SEO Premium plugin. -->","yoast_head_json":{"title":"Monad (MON) price slips after profit-taking as traders eye $0.030 resistance - Crypto News: Latest Cryptocurrency News and Analysis","description":"Monad price looks poised for a breakout as $100 million in private credit becomes verifiable on-chain and team hires new execs","robots":{"index":"index","follow":"follow","max-snippet":"max-snippet:-1","max-image-preview":"max-image-preview:large","max-video-preview":"max-video-preview:-1"},"canonical":"https:\/\/cryptonews.uk.com\/?p=6736","og_locale":"en_US","og_type":"article","og_title":"Monad (MON) price slips after profit-taking as traders eye $0.030 resistance","og_description":"Monad price looks poised for a breakout as $100 million in private credit becomes verifiable on-chain and team hires new execs","og_url":"https:\/\/cryptonews.uk.com\/?p=6736","og_site_name":"Crypto News: Latest Cryptocurrency News and Analysis","article_published_time":"2026-02-17T19:10:47+00:00","og_image":[{"width":1024,"height":683,"url":"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/02\/trading-1-1024x683.png","type":"image\/png"}],"author":"\u884c\u653f","twitter_card":"summary_large_image","twitter_misc":{"Written by":"\u884c\u653f","Est. reading time":"2 minutes"},"schema":{"@context":"https:\/\/schema.org","@graph":[{"@type":"WebPage","@id":"https:\/\/cryptonews.uk.com\/?p=6736","url":"https:\/\/cryptonews.uk.com\/?p=6736","name":"Monad (MON) price slips after profit-taking as traders eye $0.030 resistance - Crypto News: Latest Cryptocurrency News and Analysis","isPartOf":{"@id":"https:\/\/cryptonews.uk.com\/#website"},"primaryImageOfPage":{"@id":"https:\/\/cryptonews.uk.com\/?p=6736#primaryimage"},"image":{"@id":"https:\/\/cryptonews.uk.com\/?p=6736#primaryimage"},"thumbnailUrl":"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/02\/trading-1.png","datePublished":"2026-02-17T19:10:47+00:00","author":{"@id":"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf"},"description":"Monad price looks poised for a breakout as $100 million in private credit becomes verifiable on-chain and team hires new execs","breadcrumb":{"@id":"https:\/\/cryptonews.uk.com\/?p=6736#breadcrumb"},"inLanguage":"en-US","potentialAction":[{"@type":"ReadAction","target":["https:\/\/cryptonews.uk.com\/?p=6736"]}]},{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptonews.uk.com\/?p=6736#primaryimage","url":"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/02\/trading-1.png","contentUrl":"https:\/\/cryptonews.uk.com\/wp-content\/uploads\/2026\/02\/trading-1.png","width":1536,"height":1024},{"@type":"BreadcrumbList","@id":"https:\/\/cryptonews.uk.com\/?p=6736#breadcrumb","itemListElement":[{"@type":"ListItem","position":1,"name":"Home","item":"https:\/\/cryptonews.uk.com\/"},{"@type":"ListItem","position":2,"name":"Monad (MON) price slips after profit-taking as traders eye $0.030 resistance"}]},{"@type":"WebSite","@id":"https:\/\/cryptonews.uk.com\/#website","url":"https:\/\/cryptonews.uk.com\/","name":"Crypto News: Latest Cryptocurrency News and Analysis","description":"Latest Crypto &amp; Bitcoin News","potentialAction":[{"@type":"SearchAction","target":{"@type":"EntryPoint","urlTemplate":"https:\/\/cryptonews.uk.com\/?s={search_term_string}"},"query-input":{"@type":"PropertyValueSpecification","valueRequired":true,"valueName":"search_term_string"}}],"inLanguage":"en-US"},{"@type":"Person","@id":"https:\/\/cryptonews.uk.com\/#\/schema\/person\/822778c5844e0d16d43dce6630f4f1bf","name":"\u884c\u653f","image":{"@type":"ImageObject","inLanguage":"en-US","@id":"https:\/\/cryptonews.uk.com\/#\/schema\/person\/image\/","url":"https:\/\/secure.gravatar.com\/avatar\/e4c2d23409b09e004cef3facbe677e95c5401f9e29680f3a311e0130c5748089?s=96&d=mm&r=g","contentUrl":"https:\/\/secure.gravatar.com\/avatar\/e4c2d23409b09e004cef3facbe677e95c5401f9e29680f3a311e0130c5748089?s=96&d=mm&r=g","caption":"\u884c\u653f"},"sameAs":["http:\/\/demo3.aiwalls.com\/coinbase"],"url":"https:\/\/cryptonews.uk.com\/?author=1"}]}},"_links":{"self":[{"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/posts\/6736","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=6736"}],"version-history":[{"count":0,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/posts\/6736\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=\/wp\/v2\/media\/6681"}],"wp:attachment":[{"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=6736"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=6736"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/cryptonews.uk.com\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=6736"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}