The biggest challenge for alternative L1s has always been the developer switching cost. Solana requires Rust, Aptos requires Move, and NEAR requires a different smart contract model. Monad eliminates this barrier by allowing Solidity contracts to run natively. This means existing Ethereum dApps can migrate with minimal changes.
Ethereum processes ~15 TPS on mainnet. Monad, by contrast, benchmarks at 10,000 TPS, enabled by its parallelized EVM execution (Monad Parallelization Docs). For developers, this means applications like order-book DEXs, on-chain games, and real-time social apps are finally viable on an EVM chain.
Beyond technical performance, Monad has rolled out developer incentive programs. According to DeFiLlama reports, Monad has earmarked over $50M in ecosystem grants and liquidity mining to bootstrap protocols. Ethereum-native teams see this as an opportunity to deploy faster, cheaper versions of their apps with guaranteed liquidity support.
Ethereum developers are pragmatic. They follow liquidity and users. With meme coins booming on Monad via Nad.fun and DeFi infrastructure like Uniswap v3 already present, the user base is growing quickly. Developers want to build where the action is, and in 2025, Monad is increasingly that place.
Monad doesn’t replace Ethereum, but it provides a fast, cheap, and EVM-compatible environment where developers can deploy without compromise. For Ethereum developers, the question is no longer “why switch?” but “how soon can we deploy?”
Full-stack blockchain developer and researcher with a focus on EVM scalability.
February 12, 2025
Development
13 min read
Sarah Thompson