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Monad’s official X account, which was suspended yesterday, has now been restored.

Monad’s official X account (@monad) has been reinstated after being suspended yesterday. X did not previously specify the reason for the suspension, and several crypto projects posted in support of its reinstatement.

Monad Co-founder: No Violations, Account Suspension Due to System Error

Monad co-founder Keone Hon posted on platform X, stating that the Monad account was frozen without any warning. He speculated that it was due to a system error. Monad has not engaged in any abnormal operations or violated API usage. They have contacted the X platform support team through multiple channels and expect the account to be restored soon.

DeShare Collaborates with DigiFT to Launch SpaceX Pre-IPO Presale on Monad

Decentralized equity asset trading protocol DeShare announced a partnership with compliant digital asset exchange DigiFT to launch the first SpaceX Pre-IPO asset presale on the Monad network. Under the agreement, all SpaceX-related assets will be custodied in compliance by DigiFT, ensuring a 1:1 peg to the underlying real-world asset value and delivering a secure, transparent, and auditable investment experience. This collaboration marks DeShare’s establishment of a full-cycle equity trading ecosystem spanning secondary-market trading of Hong Kong and U.S. equities, IPO subscription, and Pre-IPO allocation. Starting with SpaceX, on-chain investment in high-quality global Pre-IPO equity assets is gradually becoming a reality.