MegaETH Auction Raises $1.39 Billion: A New Milestone for Ethereum Scalability

A record-breaking token auction for MegaETH has concluded, raising a staggering $1.39 billion. This landmark event involved over 100,000 participants and highlights the growing interest in Ethereum’s layer-2 scaling solutions. Notably, prominent figures like Vitalik Buterin and Joe Lubin have shown support for MegaETH, further emphasizing its role within the Ethereum ecosystem. This significant milestone signifies a surge in institutional investment and community enthusiasm towards projects aligning with the Ethereum network.