[Category Labs Expands MON Open Market Purchase Authorization to $80 Million and Extends Deadline to End of 2026] Foresight News reports that Monad's development team, Category Labs, announced via a tweet that it has increased the authorization for open market purchases of MON from a maximum of $30 million to $80 million and extended the execution period from the first half of 2026 to the end of 2026. According to a previous report by Foresight News, Category Labs had tweeted in January this year that it planned to purchase up to $30 million worth of MON tokens on the open market by the first half of 2026.