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MegaETH, a high-performance Ethereum layer-2 network, has officially announced that its public mainnet will go live on Feb. 9, marking a significant milestone for one of the most closely watched projects in the blockchain scaling ecosystem. The launch represents a major step forward in Ethereum’s ongoing efforts to improve transaction speed, reduce latency, and support real-time applications at scale.
Positioning itself as a “real-time” blockchain for Ethereum, MegaETH is designed to deliver ultra-low latency and massive transaction throughput, addressing long-standing challenges that have limited Ethereum’s usability during periods of high network demand. By focusing on near-instant transaction finality, MegaETH aims to enable a new generation of decentralized applications that require speed and responsiveness, including trading platforms, blockchain-based games, and consumer-facing crypto apps.
The project has gained substantial attention and capital over the past year. MegaETH is backed by influential figures in the Ethereum ecosystem, including Ethereum co-founders Vitalik Buterin and Joe Lubin, lending credibility to its ambitious technical vision. In October 2025, MegaETH completed a highly oversubscribed $450 million token sale, according to CoinDesk, highlighting intense investor demand for next-generation Ethereum scaling solutions. The sale offered approximately 5% of the protocol’s total 10 billion MEGA token supply, with thousands of participants securing allocations within minutes.
MegaETH is being developed by MegaLabs, a blockchain infrastructure company that raised $20 million in a seed funding round led by Dragonfly in 2024. MegaLabs has consistently emphasized that MegaETH is not a traditional layer-2 scaling solution but rather a fundamentally new approach to building a real-time blockchain on Ethereum. The team believes this architecture will unlock performance levels previously unattainable on Ethereum-based networks.
As Ethereum continues to evolve, the launch of MegaETH’s public mainnet could play a pivotal role in expanding the network’s capabilities, attracting developers, users, and capital seeking fast, scalable, and reliable blockchain infrastructure.
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