MEGAMegaETH (MEGA) Price

1.Project introduction

MegaETH is an upcoming Ethereum Layer 2 blockchain designed for scalability and speed, targeting over 100,000 transactions per second with near-instant finality. Fully EVM compatible, it allows seamless smart contract deployment. The project is backed by prominent investors including Ethereum co-founder Vitalik Buterin and plans a mainnet launch in late 2025. Notable innovations include a new memory-efficient state trie, write-optimized storage, JIT bytecode compilation, unique parallel execution strategies, fast state sync protocol, and a streaming EVM for 1-ms block times. MegaETH’s ecosystem supports DeFi, gaming, and NFTs with low fees subsidized by a yield-bearing stablecoin.

2.Team introduction

Yilong Li - Co-founder & CEO

Ph.D. in Computer Science from Stanford University; Former Senior Software Engineer at Runtime Verification Inc.

Lei Yang - Co-founder & CTO

B.S. from Peking University; M.S. and Ph.D. in Computer Science from MIT; Research focused on efficient consensus and synchronization in distributed systems

Shuyao Kong - Co-founder & CBO

MBA from Harvard Business School; Former Head of Global Business Development at ConsenSys"

3.Investment institution

Dragonfly Capital, Vitalik Buterin, Joseph Lubin, Maven 11, Wintermute, Flow Traders, Robot Ventures, IMC Trading, Guy Young from Ethena, Max Resnick from Anza, an undisclosed trader from Jump Trading, Bankless Ventures, First Commit, Hash3, Comfy Capital, Kosmos Ventures, over 100 angel investors.