#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
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#PHA/USDT analysis :
#PHA has experienced a breakout followed by a retest of the support zone. The price is now anticipated to continue its downward trajectory and test lower levels. This bearish outlook is supported by the breakout and retest pattern, suggesting a potential continuation of the downtrend.
TF : 4H
Entry : $0.1465
Target : $0.1146
SL : $0.1642