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    Monad Testnet Launch - 1st Week Performance Analysis

    hexagon

    Flipside AI

    Monad's testnet launch demonstrates extraordinary blockchain performance, processing 60.4 million transactions in 24 hours with a remarkable 98.68% success rate. The network showcased impressive scalability, surging from 71,000 to 1.2 million transactions per hour and peaking at 1,223,299 transactions in a single hour. With a total transaction volume of 287,354,204 MON and the capability to handle 10,000 transactions per second, Monad is positioning itself as a potentially game-changing Ethereum-compatible Layer 1 blockchain infrastructure.

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    Monad Testnet Launch - 1st Week Performance Analysis

    Monad is a high-performance, Ethereum-compatible Layer 1 (L1) blockchain designed to deliver breakthrough performance, true decentralization, production-grade security, and exceptional throughput. With features like 10,000 transactions per second, near-zero gas fees, 1-second block times, and 100% EVM compatibility, Monad promises to revolutionize the blockchain landscape.

    This dashboard provides insights into Monad's performance within the first 24 hours of its testnet launch.

    Overall Transaction Overview
    Disclaimer: Flipside AI is here to help but it can make mistakes. Always review outputs and use the upvote/downvote buttons to help us improve. This content is not financial advice.