MegaETH Launches Mainnet Amid Ethereum Scaling Debate — MEGA $MEGA

MegaETH launched its public mainnet on February 06, 2026, introducing a high-throughput, low-latency layer-2 real-time blockchain aiming for over 100,000 transactions per second (tps), compared to Ethereum’s less than 30 tps. The move comes amid renewed debate over Ethereum’s scaling path, with proponents of layer-2 rollups and advocates pushing for more layer-1 capacity to reduce fragmentation and improve user experience. The project, backed by a $20 million seed round in 2024 led by Dragonfly and a $450 million oversubscribed token sale in October 2025, has a partially locked native MEGA token with unlocks tied to network milestones. The debut positions MegaETH as a high-speed alternative to Ethereum’s current on-chain performance, landing in the middle of the ongoing technical and strategic discussion about blockchain scalability.