In a remarkable display of investor enthusiasm, MegaETH successfully completed a token sale for its native token MEGA in October 2025, raising an impressive $450 million. This event has positioned MegaETH as a significant player in the cryptocurrency market, and the publication demonstrates positive momentum in the developments.
Record-Breaking Demand for MEGA Token Sale
The token sale was marked by overwhelming demand, with total commitments exceeding $139 billion, making it one of the most oversubscribed public sales of the year. This level of interest reflects strong confidence from investors in the potential of the MEGA token and the MegaETH project as a whole.
Factors Behind the Success
Industry analysts suggest that the success of the sale could be attributed to the innovative features of the MEGA token and the strategic vision of the MegaETH team. As the cryptocurrency landscape continues to evolve, MegaETH's ability to attract such substantial investment may set a new benchmark for future token offerings.
Following the successful token sale of MEGA, MegaETH has launched its public mainnet, enhancing Ethereum's Layer 2 capabilities. This development is detailed in the official announcement.
