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5 Promising MegaETH MegaETH Apps
Published on Oct 30, 2025

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NEED TO KNOW
MEGA Sale
  1. 💰 MegaETH Sale 27.8x Oversubscribed, Secures $1.39B. MegaETH's public token sale ends with huge commitments in a massively oversubscribed event.
  2. ✈️ Ethena Ethena Migrates $1.5B BUIDL Collateral from Ethereum Ethereum to Aptos, Avalanche, Polygon. Each chain is now $500M BUIDL richer.
  3. 💵 Revolut Banking Fintech Launches 1:1 Stablecoin Conversions. Users can convert up to €500k every 30 days with no fees or spreads.
📸
Daily Market Snapshot: Fed chair Powell's caution against future rate cuts sent crypto prices into a tizzy with BTC falling below $107K and ETH dropping to $3,700.
Prices as of 5pm ET 24hr 7d
Crypto $3.78T ↘ 4.5% ↘ 1.9%
BTC $107,487 ↘ 3.5% ↘ 2.0%
ETH $3,755 ↘ 4.6% ↘ 2.1%
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CHEAT SHEET
Printing Tokens

Once a week, Citizens get access to the top Market Plays, Hot Reads, Farming Opps, and Airdrop Hunts that our analyst team is tracking! Don't miss out! 👇

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PLAY OF THE WEEK
5 Promising MegaETH Apps
Bankless Analyst: Jack Inabinet

MegaETH promises to unlock a new generation of onchain experiences that simply weren’t possible before. With settlement measured in milliseconds and throughput measured in the hundreds of thousands, this L2 blockchain truly appears to be the “real-time Ethereum.”

In an outward manifestation of community enthusiasm for this project, MegaETH’s ICO raised $50M in a matter of minutes earlier this week, the latest in a series of grassroots fundraising efforts that have collectively raised nearly $75M from public investors across various offering formats.

Although the exact timeline to MegaETH mainnet remains unknown, deployment is expected before the end of the year, and a testnet version is already live. Today, we unpack five leading MegaETH applications you can explore to stay ahead of the curve come mainnet!

p.s. Before experimenting, grab testnet ETH from MegaETH’s faucet and add MegaETH to your wallet. You can discover more MegaETH projects by visiting the “Fluffle Tools” portal.

🌩️ Valhalla

Website | Twitter
Status: Testnet

Incubated by MegaMafia – the Mega ecosystem accelerator incubating “visionary founders building 0-to-1 apps only possible on MegaETH” – Valhalla aspires to become the leading MegaETH-native perpetuals DEX.

Valhalla wants to create a performant, yet composable, exchange that is capable of delivering centralized performance with complete DeFi ecosystem integrations. It will attempt to tackle classical pain points in onchain trading (most notably: latency, limited composability, and fragmented liquidity) by leveraging the high-throughput capabilities of MegaETH.

The Valhalla Testnet is now live, serving as a public sandbox for traders and developers to explore the platform before mainnet deployment. Additional details on the impending mainnet launch and an airdrop points program are being teased for the near future.


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Not financial or tax advice. Bankless content is strictly educational and is not investment advice or a solicitation to buy or sell any assets or to make any financial decisions. This newsletter is not tax advice. Talk to your accountant. Do your own research.

Disclosure. From time-to-time we may add links in this newsletter to products we use. We may receive commission if you make a purchase through one of these links. Additionally, the Bankless team hold crypto assets. See our investment disclosures here.

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