#Monad生态发展 The buzz around Monad’s mainnet launch really reminds me of those heady days when new public chain projects were all the rage. With over $400 million in funding and even a public offering on Coinbase, it’s definitely making a splash. But having been through the highs and lows, I always keep a wary eye on such high-profile new projects.

Looking at those 38.5 billion ecosystem tokens, I can’t help but feel uneasy. Such a massive “war chest” can quickly attract developers if used well, but if not, it could become huge selling pressure. Many once-glorious public chain projects failed at the stage of ecosystem building.

Solana’s move in this round is actually pretty interesting—directly bringing MON into its own ecosystem. This open attitude is commendable, but the strategic game behind it is also intriguing. The competitive and cooperative dynamics between new and old public chains are likely to be a major focus in the coming period.

For those looking to participate, my advice is: don’t let FOMO cloud your judgment. The mainnet has just launched, and many projects are still at an early stage, so the risks are high. If you really can’t hold back, remember to diversify your investments—don’t put all your eggs in one basket. After all, in this space, today’s star project could easily become tomorrow’s exit scam.

In short, stay alert and participate rationally. This market never lacks stories—it lacks players who can laugh all the way to the end.