#cplusplus
Monad is a fast, scalable Layer 1 blockchain fully compatible with Ethereum's EVM, allowing you to run Ethereum smart contracts without changes. It improves speed by separating consensus (agreement on transaction order) from execution (processing transactions), enabling parallel transaction execution and reaching 10,000 transactions per second with 1-second finality. Monad uses a custom EVM and a special database (MonadDb) optimized for parallel state access, reducing delays. This means you get much faster, cheaper transactions while keeping Ethereum compatibility, making it easier for developers and users to adopt and benefit from high performance and scalability.
https://github.com/category-labs/monad
#MLN/USDT analysis :
#MLN is currently in a downtrend, characterized by a series of lower lows (LLs) and lower highs (LHs). The price is presently trading within a resistance zone, where it is anticipated to encounter resistance. As a result, a decline is expected from this level, with the price likely to test lower levels in the near future.
TF : 4H
Entry : $18.60
Target : $16.37
SL : $19.75