
Crypto Enthusiast
325 Followers
MegaETH, backed by Ethereum co-founder Vitalik Buterin and investors like Dragonfly Capital, promises over 100,000 transactions per second and block times under 10 milliseconds. It aced a stress test at 35,000 TPS, processed 11 billion transactions in a trial week, and integrates Chainlink for immediate DeFi apps like Aave and GMX. The native MEGA token awaits performance milestones such as $500 million in USDM stablecoin supply, with pre-market value at $1.5 billion fully diluted. Chatter highlights its edge over Monad, whose ecosystem faces early struggles amid a post-launch dip.
⚠️ US Treasury Secretary Scott Bessent said America needs Greenland because Europe cannot protect itself.
The cryptocurrency plunged as much as 8.5% in 24 hours, dipping to around $66,700 and triggering $1.5 billion in liquidations, mostly from leveraged long positions. Strategy Inc., with over 713,000 Bitcoin, now faces a $6.5 billion unrealized loss, while its stock fell 24% to $113. Executive Chairman Michael Saylor urged holders to 'HODL' through the volatility, as the total crypto market shed another $1 trillion since mid-January, with broader assets like gold and stocks also declining
LayerZero unveiled Zero, a layer-1 blockchain designed to boost scalability and decentralization through zero-knowledge proofs and parallel execution in Atomicity Zones. Block Producers handle heavy computation while lightweight Validators verify proofs on basic hardware, targeting 2 million transactions per second at near-zero costs. Wall Street players like DTCC, ICE, Citadel, and Google Cloud back the project, with mainnet planned for fall 2026; ZRO token jumped over 20% to $2.30 amid the excitement, though Solana's Anatoly Yakovenko questioned some benchmarks.