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Reading: The High-Speed EVM Layer-1 Blockchain
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Your Crypto News Today > News > Crypto > Blockchain > The High-Speed EVM Layer-1 Blockchain
Blockchain

The High-Speed EVM Layer-1 Blockchain

February 23, 2025 5 Min Read
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The High-Speed EVM Layer-1 Blockchain

Table of Contents

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  • Dig deep on testnet
  • Gaming
  • NFTs
  • Social, betting, meme cash and extra
  • What advantages exist for gaining publicity to Monad?

A brand new layer-1 blockchain is about to rival Ethereum and Solana. Right here’s how one can put together.

After years of constructing and greater than $225 million raised, Monad formally unveiled its testnet on February 19.

The high-performance Ethereum Digital Machine layer-1 community goals to rival the pace and scalability that Solana affords, whereas interacting with the huge Ethereum ecosystem and its functions and protocols.

It does so by utilizing parallel execution, in different phrases, executing transactions that don’t depend upon one another on the identical time, boasting greater than 10,000 transactions per second within the course of.

Earlier than the highly-anticipated debut of its mainnet, right here’s how one can put together for Monad.

Dig deep on testnet

The Monad Testnet is the primary model of the community that’s publicly out there for customers. On day considered one of its begin, a wide range of apps and protocols had been out there, permitting customers to get a really feel for the upcoming mainnet whereas doubtlessly incomes alongside the way in which.

The undertaking encourages customers to have interaction with Monad’s testnet utilizing a contemporary browser, and contemporary pockets for probably the most safe expertise.

Buying testnet tokens

To work together on testnet, customers will want testnet Monad tokens which customers can purchase from the Monad faucet. Testnet tokens should not have any financial worth, however enable people to facilitate transactions with apps and protocols on the event community.

The tap permits any EVM deal with to say Monad testnet tokens each 12 hours. These with a verified position within the Monad Discord could also be eligible to say a bigger share of tokens when utilizing the tap.

Moreover, within the hope of getting customers to have interaction with Monad testnet, the undertaking despatched greater than 8.8 million EVM addresses some testnet tokens prematurely based mostly on their on-chain exercise with different blockchains.

To examine your steadiness, customers can add the Monad Testnet to any EVM appropriate pockets. Some standard wallets, like Phantom and Backpack, already present native help for Monad and its testnet.

Interact with apps on testnet

Monad’s testnet has a sturdy ecosystem of apps, which might all be discovered within the community’s listing. Along with gaining familiarity with the consumer expertise of the highly-anticipated blockchain, customers may be eligible to earn from factors applications or NFT whitelists by collaborating with the functions.

Gaming

Monad’s testnet is house to a handful of gaming functions, a few of that are native solely to Monad–like Rug Rumble, a gamified memecoin buying and selling expertise and LootGO, a walk-to-earn social app.

Different gaming apps on the chain embody Plato, Anterris, and the favored Ethereum social fantasy recreation, Fantasy High.

NFTs

Monad has been vocal about its intentions for a profitable NFT ecosystem, partnering with an NFT ambassador as early as April 2024 and internet hosting NFT hackathons as lately as January 2025.

As such, the community is already partnered with main NFT infrastructure gamers like OpenSea and Magic Eden, who might be able to help collectible endeavors from day one.

A wide range of testnet NFTs like MonBois, Skrumpets, and LaMouch have already minted and might be traded. Plus, whitelists from collections like MeowwNads, Chog, and others might be earned by way of testnet exercise.

Social, betting, meme cash and extra

Extra shopper targeted functions–like prediction markets, social functions, and token launchpads are additionally out there on testnet.

Examples embody Kizzy, Nad.enjoyable, and Bean Change.

What advantages exist for gaining publicity to Monad?

In December, the community formally unveiled the Monad Basis, an impartial group designed to propel the long run “growth and adoption” of the Monad blockchain.

Although it isn’t explicitly said, the creation of a basis in Web3 is commonly adopted by the creation and distribution of a token. Moreover, with the revealing of its growth community and “testnet MON” tokens–customers are persevering with to take a position on a Monad token airdrop.

Nevertheless, no official info has been supplied so far, and collaborating with testnet just isn’t a assure of any future rewards.

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