- Crypto markets surged as Monad’s mainnet debut, major exchange listings, and strong user engagement combined with easing geopolitical tensions.
- Institutional shifts, Grayscale’s DOGE and XRP ETF launches, and rising social buzz around altcoins added momentum to the broader market rebound.
- A reported Ukraine–U.S. peace deal improved global risk sentiment, reinforcing bullish activity across Bitcoin, Ethereum, and high-volatility altcoins.
On Monday, cryptocurrency markets surged as investors responded to multiple significant developments occurring concurrently. The introduction of the Monad mainnet has also had an impact with new Grayscale ETFs and a significant peace agreement between the United States and Ukraine.
These technological advancements and indications of worldwide stability have given traders hope of a brief market recovery.
Monad Mainnet Debuts With High Engagement
Monad’s mainnet officially launched, enabling live $MON trading on platforms including Bitget, Phemex, and Solana. Additionally, Coinbase hosted a 7.5% token sale, attracting significant investor attention. Over 31,000 users actively transferred tokens via the native bridge, signaling robust adoption.
Developers are integrating rapidly, leveraging Monad’s high-performance EVM and oracle infrastructure. However, market sentiment remains mixed as some holders struggle to liquidate airdrops while others bet on long-term gains. Consequently, traders are balancing short-term speculation with potential future utility.
Institutional Moves and Social Buzz
JPMorgan reportedly sold $134 million in MicroStrategy shares while shorting MSTR, prompting backlash from Bitcoin supporters. Thousands have closed accounts in protest, sparking speculation of a possible MSTR short squeeze.
Besides this, social chatter highlighted $pippin as oversold and primed for a pump, despite skepticism labeling it a scam. Whales have made notable buys, pushing hopes of a rebound to $0.08. Meanwhile, broader altcoins and $BTC faced typical market volatility, driving short-term traders to seek quick gains.
Grayscale has opened the doors for bigger investors to buy into DOGE and XRP by launching new U.S. spot ETFs for both coins. Interest jumped immediately, with strong first-day trading and rising prices. The excitement also comes at a time when tech innovations—like Alibaba’s record-breaking new AI chatbot—are adding even more buzz to the market.
Geopolitical Impact: Ukraine Peace Deal
A U.S. official confirmed Ukraine agreed to peace terms after secret Abu Dhabi talks involving U.S. Army Secretary Dan Driscoll and a Russian delegation. While some details remain pending, Lt. Col.
Jeffrey Tolbert described discussions as productive and progressing well. The diplomatic breakthrough lifted investor confidence, contributing to bullish sentiment across crypto markets.
