Monad price climbs 13% as Nitro hype and TVL growth meet weakening MON momentum

Monad's MON token rose about 13% within 24 hours, supported by a 140%+ volume spike above $160 million, growing TVL near $628 million, and buzz around the Nitro accelerator. Despite this strength, MON is trading in a sideways range between $0.01679 and $0.01979, with fading MACD and a CMF at -0.09 suggesting weakening momentum.