Recently, I noticed the MegaETH chain, which is said to be a fully EVM-compatible layer 2 network. It mainly tackles the two major challenges of the Ethereum Mainnet — high latency and low throughput.

Its approach is quite straightforward: transactions are processed immediately once they enter the network, and the status is updated in real-time. Unlike other chains that have to wait for block confirmations, this speed is indeed much faster.

Two meme coins have already emerged in the ecosystem, and their popularity has risen quite quickly.