Category Labs plans to repurchase MON tokens through the open market in the first half of the year

The development team of Monad, Category Labs, recently announced on the social media platform X that the company may purchase up to $30 million worth of MON tokens on the open market in the first half of 2026, in accordance with applicable laws and regulations.
The announcement emphasized that any purchasing actions will be initiated, paused, or terminated at the discretion of Category Labs and do not constitute a commitment to purchase any specific quantity of tokens. The statement indicated that this merely reflects the company's intention to consider opportunistic purchases based on market conditions.