Monad Token Sale Surpasses $216 Million Target

The Monad token sale successfully concluded on November 23, 2025, raising over $216 million on Coinbase. This achievement surpassed initial targets, significantly fueled by substantial interest and participation, particularly from retail investors.

Monad’s co-founder, Keone Hon, coordinated the sale alongside Coinbase’s Scott Shapiro, aimed at reactivating retail interest. The event demonstrated a keen focus on diverse participation, contrasting traditional setups.

“The bottom-up design encourages late evaluations, which produces more diverse participation.” — Keone Hon, Co-founder, Monad

With over $216 million raised, the sale exceeded the $187 million target, signifying a revitalization of retail engagement. Token allocation criticism centered around VC influence persists despite the sale’s overall success.

The rapid final-day surge, constituting $43 million, illustrates market dynamics influenced by other token sales. This event could reshape future token sale structures, emphasizing a more inclusive framework for retail investors.

https://tradersunion.com/news/market-voices/show/923151-coinbase-token-sale/

Compared to MegaETH’s institution-driven sale, Monad’s retail focus sets a new precedent. Past launches have seen similar debates on VC influence and community allocation legitimacy.

Experts from Kanalcoin predict the Monad sale could prompt shifts in public fundraising approaches and drive industry-wide evaluation of token allocation strategies, potentially leading to more equitable future distributions.