MegaETH Breaks Velocity Data on EVM Testnets
MegaETH is making headlines with a huge lead in computational throughput. In keeping with information compiled by Messari, MegaETH achieved 1700 MGAS/s on its testnet as of March 31, 2025—over 5x quicker than Monad and 17x quicker than opBNB.
For context:
- MegaETH: 1700 MGAS/s
- Monad: 300 MGAS/s
- opBNB: 100 MGAS/s
- Ethereum L1: 1.25 MGAS/s
MGAS/s refers back to the variety of computational gasoline items processed per second, primarily measuring the uncooked processing energy of those chains. MegaETH's efficiency places it in a completely completely different league.
Computational throughput ranked – Messari analysis
Backed by a16z: $140 Million Raised
Including to the hype is the $140 million funding spherical led by Andreessen Horowitz (a16z). The capital injection alerts not solely institutional belief but in addition sturdy perception in MegaETH’s capacity to clear up the scalability trilemma whereas sustaining EVM compatibility.
With this funding, MegaETH plans to:
- Broaden improvement and safety infrastructure
- Launch on mainnet with aggressive throughput targets
- Appeal to DeFi and gaming dApps requiring huge compute effectivity
Why It Issues: Scaling, DePIN, and Past
MegaETH’s breakthrough couldn’t have come at a greater time. With DePIN (Decentralized Bodily Infrastructure), decentralized storage, and on-chain AI/GPU workloads gaining traction, there's an pressing want for blockchains that may deal with heavy, high-frequency computations.
MegaETH is shaping as much as be that base layer—particularly for next-gen use instances like:
- Actual-time AI inference on-chain
- Huge multiplayer crypto gaming
- Sensor-heavy DePIN purposes
- Excessive-volume DeFi protocols
Can MegaETH Lead the Subsequent EVM Cycle?
Whereas it’s nonetheless in testnet, MegaETH’s early metrics converse volumes. If it delivers related efficiency on mainnet and maintains EVM compatibility, it might turn into the go-to chain for builders leaving slower L1s behind.
Given a16z’s backing and rising curiosity in hyper-performant good contract platforms, MegaETH might very properly lead the subsequent EVM wave, particularly as Ethereum L1 struggles with scaling limitations.
