MegaETH, a high-performance Ethereum layer-2 network, has announced that its public mainnet will launch on Feb. 9, marking a key milestone for one of the most closely watched scaling projects in the ecosystem.

The project brands itself as a “real-time” blockchain for Ethereum, aiming to deliver ultra-low latency and extremely high transaction throughput. Over the past year, MegaETH has attracted strong attention and funding, backed by prominent Ethereum figures including Vitalik Buterin and Joe Lubin.

In October 2025, MegaETH completed a heavily oversubscribed $450 million token sale, offering about 5% of its total 10 billion MEGA token supply. The rapid sellout highlighted intense investor demand for next-generation blockchain scaling infrastructure.

MegaETH is being developed by MegaLabs, which raised $20 million in a 2024 seed round led by Dragonfly. The team positions MegaETH not just as a traditional scaling solution, but as a new type of real-time blockchain designed for applications that require near-instant transactions, such as trading platforms, games, and consumer-focused crypto apps — areas where Ethereum has historically faced congestion during peak usage.