Could Monad be seeing a resurgence? Value locked in Monad has steadily grown since launch driven by protocols like Morpho and Steakhouse. Some of this is incentive driven flows from Monad’s Momentum incentive program, but this growth is still notable during risk off market conditions. Category Labs has also signaled a potential buyback of up to $30M in the first half of 2026. Time will tell if this momentum can be sustained.(Delphi Digital)