Layer 1 · rank #127

Monad MON

MON cycle analysis · chart, confirmed lows and fundamentals

$0.0221+0.1% 1d-8.4% 7d-13.8% 30d

Amber List Recovering Phoenix · monthly · score 26.7 mixed

55.1% below its 365-day high of $0.0493 (2025-11-26), +38.0% off the 365-day low. Snapshot 2026-10-21 UTC.

From the peak to today, log scale
0.016910.028130.04682025-112026-052026-10peak 0.04925low 0.01804 (63%)monthly trigger 0.02398
Where it stands

On the Amber List.

A crash of 7.3 daily-vol units over 20 days, 55% below its rolling 365-day high.

Recovering: a monthly swing low has confirmed. The badge coexists with the tier; it is not a completed recovery.

Phoenix monthly: stopped falling by the rules, +22.5% above the Jun 2026 trough. Details below.

What changed

Since the previous scan.

Tier, recovering badge and Phoenix state are unchanged between these two observations.

Comparing 2026-10-20 with 2026-10-21 UTC. Classification, not price returns.

Recorded timeline →

Where it sits in each cycle

a swing low confirms only when a later bar takes out the low bar's high

Monthly 3

Last bars
2Dr 2Ug 2Ug 1g 3r
Confirmed low
$0.0180 · 2026-06-30
Position
4 of median 4 (max 4)
Current low
$0.0180 · confirmed
Cycle-low confidence
—
Confirmed lows
2

Weekly 1

Last bars
2Ug 2Ug 2Dr 2Dr 1g
Confirmed low
$0.0209 · 2026-09-20
Position
5 of median 4 (max 9)
Current low
$0.0199 · unconfirmed
Confirms above
$0.0276
Cycle-low confidence
96% · in band
Confirmed lows
10

Daily 2U

Last bars
2Dr 2Dr 1r 3g 2Ug
Confirmed low
$0.0205 · 2026-10-20 (daily)
Position
1 of median 4 (max 16)
Current low
$0.0199 · confirmed
Cycle-low confidence
72%
Confirmed lows
66
The full read, in sentences
  • Monthly: forming bar is a red outside bar (3). Last confirmed swing low 0.01804 (Jun 2026), month 4 of a cycle that has typically run 4.
  • Weekly: forming bar is a green inside bar. Last confirmed swing low 0.0209 (Sep 2026), week 5 of a cycle that has typically run 4. Current low 0.0199 is unconfirmed — it confirms above 0.02759. Cycle-low confidence 96%.
  • Daily: bar is a green 2-Up. Last confirmed swing low 0.02048 (2026-10-20), day 1 of a cycle that has typically run 4. Cycle-low confidence 72%.
  • Amber List: 55% below the 2025-11-26 high; +38% off the 365-day low.
  • Phoenix: 63% decline over 7 months, monthly swing low confirmed (next-bar), now +22% above the trough; pullback #3 confirmed 2026-09-27.
  • Gauges: Mayer multiple 0.87 (cheap); -53% from the all-time high.

Has Monad bottomed?

A confirmed swing low is evidence of a price pattern, not proof of a final market bottom. Here is what the MON snapshot records on 2026-10-21 UTC:

Monthly: the last confirmed swing low is $0.0180 from 2026-06-30. The current candidate is marked confirmed. The latest monthly bar is still forming.

Weekly: the last confirmed swing low is $0.0209 from 2026-09-20. A newer candidate at $0.0199 is unconfirmed; its confirmation level is above $0.0276, provided the candidate low is not undercut first. The latest weekly bar is still forming.

Daily: the last confirmed swing low is $0.0205 from 2026-10-20. The current candidate is marked confirmed.

How bottom confirmation works. Cycle-low confidence is a heuristic score, not a calibrated probability of a profitable trade.

How far is Monad below its high?

The Coinbase price snapshot is 55.1% below its rolling 365-day high of $0.0493 from 2025-11-26. Separately, CoinGecko reports -54.7% relative to its all-time high of $0.0488 in the fundamentals snapshot pulled 2026-10-21.

Different sources and observation times can produce different drawdowns. Compare crypto drawdowns and reference highs.

The recorded history

scan observations, not exact transition times

First observed 2026-09-20. 32 observations; absence from a captured scan is unmatched, never recovery.

  1. Watch; recovering · Phoenix monthly → Amber List; recovering · Phoenix monthly
  2. Phoenix monthly → Watch; recovering · Phoenix monthly
  3. Watch; recovering · Phoenix monthly → Phoenix monthly
  4. Watch → Watch; recovering · Phoenix monthly
  5. First observed: Watch

Phoenix

stopped falling, by the rules
Peak
$0.0493 · Nov 2025
Trough
$0.0180 · Jun 2026
Decline
-63.4% over 7 months
Above trough
+22.5%
Monthly
confirmed (next-bar) · trigger $0.0240
Weekly
confirmed (next-bar)
False bottom
none
Entry
pullback #3 low $0.0209 confirmed 2026-09-27 · trigger $0.0257
Score 26.7
decline16.7
confirmation25
earliness0
stale-15
false bottom0
bluechip0

Fundamentals

CoinGecko + DefiLlama, pulled 2026-10-21 .xlsx
Health56 / 100 · Sound
Liquidity (24h volume / market cap)
can you get out
11.41 %15.0 / 15
Supply overhang (FDV / market cap)
unlocked supply waiting to sell
8.51 x0.0 / 15
Size (market-cap rank)
survivorship
127 #6 / 15
Usage (price / annualized fees)
fees people actually pay to use it (DefiLlama)
76.4 x13.7 / 20
TVL backing (market cap / TVL)
capital parked in it (DefiLlama)
0.4 x15.0 / 15
Fee momentum (30d vs prior 30d)
is usage growing into the recovery
0.1 %5.0 / 10
Age on Coinbase
survived a cycle
0.9 yrs1.2 / 10

7 of 7 measurable; score renormalized over what was measurable.

Market cap
$408.2M
Fully diluted
$3.48B
24h volume
$46.6M
Circulating
11,825,165,000
All-time high
$0.0488 · 2025-11-26 (-54.7%)
TVL
$1.01B (chain)
Fees 30d
$438.8K
Revenue 30d
$373.2K
Fees 1y
$2.4M
Mayer multiple
0.873 · cheap
On Coinbase since
2025-11-24 (332 bars)
CoinGecko id
monad

Continue your cycle research

How to read a crypto cycle chart · Calculation rules and sources