MON outperforms market as upgrade, staking vaults drive demand

Monad (MON) has seen its bullish momentum weaken over the past few months.

Although the token is currently trading at $0.02096, up 2.6% over the last 24 hours, it is down 10.5% over the past month.

This modest gain is notable as it outperforms the broader crypto market, which has been experiencing a downturn.

Catalysts supporting MON

One key factor behind the recent resilience is the upcoming MONAD_NINE network upgrade.

Scheduled for deployment in early February 2026, the upgrade promises three major improvements aimed at enhancing network efficiency and predictability.

Such upgrades signal active development and long-term commitment from the team.

Traders are positioning ahead of the event, creating near-term narrative-driven buying pressure.

Investors should watch official channels for deployment dates and testnet performance metrics.

Another bullish driver comes from DeFi demand.

Liquid staking protocol Kintsu launched SuperMON vaults on Monad, offering a 14.51% annual percentage yield (APY).