This article presents a monolithic gallium nitride (GaN) power stage as a potential solution for high-frequency power conversion. The power stage incorporates fully integrated GaN-based circuits and power switches, offering consideration for common-mode transient immunity (CMTI) and negative voltage operation in GaN application scenarios. A buffered and shielded level shifting technique has been proposed as a means of optimizing speed, power consumption, and CMTI capability in half-bridge signal transmission. An adaptive pull-down switching circuit has been developed to tackle the issues of performance deterioration or even signal loss under freewheeling negative voltage conditions. To prevent shoot through, a replica dead-time control strategy is implemented in the driver-stage circuit. With these key elements optimized, a monolithic GaN power stage based on 0.25 $ \bm {\mu }$m 25 V enhanced mode GaN process proposed in this work can achieve an operating frequency of up to 25 MHz and a CMTI capability of 150 V/ns. Moreover, the design optimization combined with the inherent advantages of GaN devices help to achieve a gate driving signal delay of only 5.1 ns and a dynamic current of only 1.2 mA/MHz in the monolithic half-bridge power stage.