PANews reported on October 22nd that MegaETH, the Ethereum scaling solution developed by MegaLabs, announced on the X platform that it will launch a public sale on Echo's Sonar platform. The sale will start at a fully diluted valuation (FDV) of $1 million and will be capped at $999 million. Users will bid via an English auction, with bids reaching up to $186,282. If oversubscribed, priority will be given to existing MegaETH community members and investors who have demonstrated long-term consistency through social activity, on-chain behavior, and lock-up preferences. A bimodal allocation process ensures broad distribution while prioritizing key contributors. MegaETH's core supporters will receive priority allocations, while at least 5,000 participants will receive a base allocation starting at $2,650. Five percent of the total MEGA token supply will be sold on October 27th. Registration is now open for participation.PANews reported on October 22nd that MegaETH, the Ethereum scaling solution developed by MegaLabs, announced on the X platform that it will launch a public sale on Echo's Sonar platform. The sale will start at a fully diluted valuation (FDV) of $1 million and will be capped at $999 million. Users will bid via an English auction, with bids reaching up to $186,282. If oversubscribed, priority will be given to existing MegaETH community members and investors who have demonstrated long-term consistency through social activity, on-chain behavior, and lock-up preferences. A bimodal allocation process ensures broad distribution while prioritizing key contributors. MegaETH's core supporters will receive priority allocations, while at least 5,000 participants will receive a base allocation starting at $2,650. Five percent of the total MEGA token supply will be sold on October 27th. Registration is now open for participation.

                                                                               Ethereum co-founder Vitalik Buterin defended his blockchain’s 45-day exit queue after Galaxy Digital’s head of digital called it “troubling,” sparking backlash.                     Ethereum co-founder Vitalik Buterin has finally addressed some concerns over the lengthening Ethereum staking exit queue, which has now grown to 45 days. His response came after Galaxy Digital’s head of DeFi, Michael Marcantonio, called the exit queue length “troubling” on X and compared it to Solana which only needs two days to unstake. He has since deleted the posts. However, Buterin seemingly took a more ideological stance on the subject, describing unstaking from Ethereum as “more like a soldier deciding to quit the army,” adding that staking is more about “taking on a solemn duty to defend the chain.”Read more