Ethereum L2 network MegaETH is about to TGE? There is an ICO plan on the Sonar platform. What preparations can be made?
Ethereum Layer 2 network MegaETH is rumored to be planning to launch a public token sale on the ICO platform Sonar, indicating that it is about to usher in a TGE (Token Generation Event).
(Preliminary information: Buterin also participated in the investment! The new public chain MegaETH received 20 million magnesium financing: target 100,000 TPS, the main network will be launched by the end of the year)
(Background supplement: Ethereum technology peak showdown: MegaETH VS Monad)
Contents of this article
According to the latest market news, the Ethereum Layer 2 network MegaETH plans to launch on the ICO platform Sonar The launch of a public token sale (public sale) indicates that it is about to usher in a TGE (token generation event).
However, it is worth noting that the official X account currently does not release relevant information.
SCOOP: MEGAETH TO CONDUCT PUBLIC ICO ON COBIE’S SONAR PLATFORM
— Aggr News (@AggrNews) October 15, 2025
MegaETH: Ethereum Layer 2 Performance Revolution
MegaETH is an Ethereum Layer 2 expansion solution focused on achieving high-performance operation, aiming to achieve sub-millisecond latency and high throughput, pushing blockchain performance to Web2 The level of application is known as "real-time blockchain". Its technical core includes:
- Efficient Rollup technology: Based on Optimistic Rollup or similar architecture, it supports tens of thousands of transactions per second.
- EVM compatibility: Fully compatible with the Ethereum Virtual Machine, developers can seamlessly migrate existing dApps.
- Decentralization commitment: While improving performance, it maintains the same security and decentralization features as the Ethereum mainnet.
MegaETH’s financing background is impressive. In 2024, it completed a $20 million seed round of financing led by top venture capital firms such as Dragonfly Capital and Robot Ventures, and received public support from Vitalik Buterin, the founder of Ethereum. In addition, MegaETH has previously raised approximately $30 million in an ICO through NFT sales.
What is the Sonar platform?
Sonar is an ICO platform launched in May 2025 by the Echo team led by well-known trader Jordan Fish (Cobie), aiming to provide compliant, transparent, and flexible public offering tools for crypto projects. Sonar allows project parties to customize the sales model, including token allocation, lock-up period and geographical restrictions.
Sonar’s first case is Plasma, a stablecoin-exclusive blockchain. In May 2025, Plasma launched a public offering of XPL tokens on Sonar, selling 10% of the total supply (1 billion coins), raising US$50 million at a valuation of US$500 million.
How to participate in the Sonar public offering?
Take Plasma as an example. Investors who intend to participate in the MegaETH public offering can refer to Plasma's participation process to prepare:
- Prepare wallets and stablecoins: use a wallet that supports Ethereum (such as MetaMask), and prepare stablecoins such as USDT and USDC
- Complete KYC verification: register on the Sonar platform and complete identity verification to confirm whether the region is restricted
- Deposit to Vault: During the public offering deposit period, deposit stable coins into the Vault contract designated by MegaETH
- Purchase and lock-up: After the deposit period ends, purchase tokens according to the distribution ratio, and then enter the lock-up period
