Cross-examination of Monad versus Various Layer 1 Blockchains: Sui, Solana, Ethereum
In the ever-evolving world of blockchain technology, Monad emerges as a promising contender, aiming to combine the best of both Ethereum and Solana. This high-performance Layer 1 blockchain promises significant improvements in scalability and performance, all while maintaining full Ethereum Virtual Machine (EVM) compatibility.
Current Status
Monad's technical innovations, such as parallel and asynchronous execution, MonadBFT consensus, and a custom high-speed database (MonadDB), enable it to process up to 10,000 transactions per second (TPS) with near-zero gas fees and instant finality. As of July 2025, Monad is preparing for its mainnet launch, with strong testnet adoption featuring over 100 projects across various sectors like DeFi, bridges, wallets, and liquid staking.
Potential
Monad's architecture is designed to address the scalability limitations of both Ethereum and Solana, making it an attractive option for developers and users seeking high-performance blockchain solutions. Its compatibility with Ethereum tools simplifies the transition for existing projects.
By introducing parallel execution, Monad brings multicore processing to Ethereum-like environments, marking a significant shift in smart contract execution. This innovation could challenge the dominance of current high-performance chains and the fragmented Layer 2 ecosystem.
The acquisition of Portal Labs by Monad highlights its focus on expanding stablecoin payments and high-speed blockchain applications, further enhancing its potential for widespread adoption.
In summary, Monad's potential lies in its ability to offer high-performance blockchain capabilities while maintaining full EVM compatibility, positioning it as a strong contender in the Layer 1 blockchain space. It offers a unique niche: it seeks Solana-class scaling within the Ethereum ecosystem, while retaining full EVM compatibility.
References: 1. Monad Official Website 2. Monad Whitepaper 3. Monad Blog Post: Monad's Approach to Blockchain Scalability 4. Monad Announcement: Successful Funding Round 5. Monad Press Release: Acquisition of Portal Labs
- The high-performance Layer 1 blockchain, Monad, is planning to disrupt the market with a mainnet launch, offering up to 10,000 transactions per second (TPS) with minimal gas fees and instant finality.
- In an attempt to challenge current high-performance chains, Monad introduces parallel execution and multicore processing in Ethereum-like environments, which could revolutionize smart contract execution.
- Beyond its technological advancements, Monad's focus on expanding stablecoin payments and high-speed blockchain applications is emphasized through its acquisition of Portal Labs.
- As a strong contender in the Layer 1 blockchain space, Monad offers the unique potential of achieving Solana-class scaling within the Ethereum ecosystem, while maintaining full Ethereum Virtual Machine (EVM) compatibility.
- To explore Monad's technological innovations, go to the Monad Official Website, Monad Whitepaper, Monad Blog Post: Monad's Approach to Blockchain Scalability, Monad Announcement: Successful Funding Round, or Monad Press Release: Acquisition of Portal Labs for a deep dive into the details of its protocols, architecture, and future plans.
