Key Notes
- MegaETH’s fast oversubscription demonstrates robust institutional and retail demand for Ethereum Layer-2 scaling options amid rising DeFi adoption.
- US token holders face obligatory one-year lockups whereas worldwide individuals can go for voluntary lockups to boost allocation eligibility.
- The token era occasion scheduled for January 2026 enters a market saturated with over $650 million in competing altcoin unlocks.
The Ethereum Layer-2 community MegaETH launched its preliminary coin providing on October 27, and have become oversubscribed inside 5 minutes. The sale has attracted $360.8 million in commitments on the ceiling worth of $0.0999 per token, in keeping with the mission’s sale platform.
The oversubscription created a hypothetical totally diluted valuation of $7.2 billion, although the official post-allocation FDV can be $999 million as soon as last distributions are calculated towards the $49.95 million increase cap.
100,000+ customers KYC’d. Over 70,000 Twitter customers.$MEGA Public Sale kicks off tomorrow at 1pm UTC/ 9a EST.
Extra dates and particulars to remain knowledgeable [thread] pic.twitter.com/pGSKoltpm4
— MegaETH (@megaeth_labs) October 26, 2025
The 72-hour English Public sale is promoting 500 million MEGA tokens, representing 5% of the overall 10 billion token provide. According to Decrypt, greater than 100,000 customers accomplished know-your-customer procedures forward of the sale.
On-chain analytics agency Arkham Intelligence reported that throughout the first two hours, 819 addresses had dedicated the utmost particular person quantity of $186,282 in USDT to the MegaETH sale tackle.
Allocation Based mostly on Neighborhood Engagement
As a result of the public sale reached its ceiling worth with demand far exceeding provide, MegaETH will decide last allocations by assessing individuals’ previous engagement with the MegaETH and Ethereum communities by way of each social and on-chain strategies, in keeping with the mission’s MiCA whitepaper.
US-based individuals are required to lock their tokens for one yr, whereas non-US individuals can select non-compulsory lockups which will enhance allocation probabilities.
MegaETH gained consideration following its testnet launch in March 2025, which goals to attain 100,000+ transactions per second with block instances beneath 10 milliseconds. The mission accomplished a $20 million seed funding spherical in June 2024.
Some testnet customers reported that the community’s transaction execution pace makes Ethereum really feel on the spot, contributing to hype across the token sale amid current ETH market sentiment.
The Token Era Occasion is estimated to happen in January 2026, at the least 40 days after the sale concludes. The oversubscribed sale comes alongside different main DeFi fundraising occasions in 2025, together with Andre Cronje’s recent $200 million DeFi round.
The MEGA token launch will even enter a market going through vital provide strain from upcoming token unlocks totaling over $650 million throughout varied altcoin initiatives.
Disclaimer: Coinspeaker is dedicated to offering unbiased and clear reporting. This text goals to ship correct and well timed info however shouldn’t be taken as monetary or funding recommendation. Since market circumstances can change quickly, we encourage you to confirm info by yourself and seek the advice of with an expert earlier than making any selections based mostly on this content material.
As a Web3 advertising and marketing strategist and former CMO of DuckDAO, Zoran Spirkovski interprets advanced crypto ideas into compelling narratives that drive development. With a background in crypto journalism, he excels in creating go-to-market methods for DeFi, L2, and GameFi initiatives.
